24-Month CD Rate Deal of the Day: Dowell Federal Credit Union at .90% APY
A conventional savings account doesn’t have to be the only option for people looking to set aside some extra cash. Certificates of deposit, or CDs, are flexible, safe investments that pay out a guaranteed rate for a fixed period of time. At the Dowell Federal Credit Union in Tulsa, Okla., a 24-month CD rate of .90% APY helps depositors earn higher dividend rates just for having money in the bank.
24-Month CD Rate Terms and Conditions
All CDs through Dowell FCU require a minimum $1,000 deposit. For CDs, it’s recommended to avoid withdrawals until the account reaches full maturity, or penalties may be incurred and will affect earnings. A 24-month CD is perfect for “laddering” other CDs of varying time frames. All deposits with the credit union are insured up to $250,000 by the National Credit Union Administration, per depositor.
About Dowell Federal Credit Union
A half century ago, Dowell Federal Credit Union was founded in Tulsa by employees of the Dowell Division of Dow Chemical Company, and is a member-owned financial cooperative currently serving the workforce, retirees, and families of seven selected employers in the region. To become a member of the Credit Union, all that’s needed is completion of a membership application and opening of a regular share account with a basic minimum balance of $5.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.