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Southfield Office
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Novi Branch |
| 22250 Providence Drive |
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26850 Providence Parkway
Suite #110
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| Southfield, MI 48075 |
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Novi, MI 48374 |
| (248) 996-6070 |
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(248) 662-0383 |
| Fax: (248) 849-5391 |
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Fax: (248) 662-0385 |
Certificates of Deposits
Members earn a higher rate of interest on Certificates of Deposit (CD) by leaving their funds on deposit for a specific period of time. CDs are available at Credit Union Advantage for 3 months, 6 months, or 1,2, 3, 4, and 5 year terms. Check all of our rates here.
Generally, longer terms receive higher interest rates. By keeping a minimum of $500 in a CD account for as little as 3 months, you earn a higher rate of interest than a regular savings account. That interest can be posted monthly to a different account, allowing you to spend the earned interest before your CD matures. There is a penalty for early withdrawal of the CD.
Jumbo Certificates of Deposit
These special Jumbo Certificates of Deposit can be opened with a deposit of $25,000.00. The Jumbo Certificates offer a higher dividend rate compared to the regular certificates, so your money grows even FASTER! Jumbo certificates are available at Credit Union Advantage for 6 months, or 1, 2, 3, 4, and 5 years. Check our current rates here.
Earn a higher dividend rate for your retirement. IRA certificates are also available and offered at the same term periods as the above mentioned certificates of deposit.
2010 Certificate of Deposit Special
To help you start out the New Year on the right track, we're offering this 2.010% APY Certificate of Deposit for a 12-month term. $500 Minimum - $10,000 Maximum - New Money Only. If you have money on deposit at other financial institutions, bring that money to your Credit Union and take advantage of this limited-time offer.
Page last updated July 3, 2008
