15 month CD special is 2.60% APY.

We’re offering a new 15-month CD Special with 2.60% APY*. Looking for something with a short term? We’re also offering a new 8-month CD with 2.10% APY* and a 5-month CD with 2.00% APY*. Please stop by one of our conveniently located branches today and speak with our team about opening a Certificate of Deposit today!

About our Certificate of Deposit specials

  • $25,000 minimum opening deposit and minimum balance to earn APY (Annual Percentage Yield). Maximum $500,000 opening deposit per client* aggregated across all 5-/8-/15-month CDs.
  • NO monthly service charges.
  • Interest paid to the CD monthly.
  • FDIC and DIF insured.
  • Interest can be withdrawn, automatically transferred to another Coop account, or mailed by check without penalty; or left in account for accrual.
  • Early withdrawal penalties will be 3 months interest for terms less than 12 months and 6 months for terms great than 12 months.

What happens when my CD matures?

  • 15-month Certificate of Deposit: Each renewal term will be 12 months at the then-prevailing interest rate for a 12-month CD.
  • 8-month Certificate of Deposit: Each renewal term will be 6 months at the then-prevailing interest rate for a 6-month CD.
  • 5-month Certificate of Deposit: Each renewal term will be 3 months at the then-prevailing interest rate for a 3-month CD.

Get Started Today
at Branch Near You

 


*Offer may be canceled at any time without notice. Clients may open multiple CDs, but the combined total may not exceed $500,000. Client is determined by Social Security Number or Employee Identification Number. The advertised Annual Percentage Yield (APY) is effective as of Aug. 5, 2022. Minimum opening deposit to earn stated APY is $25,000. Maximum deposit is $500,000. The initial interest rate will be fixed for the term of the CD; the interest rate may change for any subsequent renewal term. Offer is not eligible for CapeLife interest rate increase. A penalty may be imposed for early withdrawal. Fees may reduce earnings. CDs are not available as an IRA.

Our Certificate of Deposits go well with . . .