Certificates

With above-average rates, you'll make a wise investment when you choose a Term Share Certificate, the credit union's version of the bank CD (Certificate of Deposit).

What are term share certificates?

Dupaco's term-share certificates are federally insured and a good option if you're looking for an investment vehicle with different options for terms, minimum balances and fixed or variable rates. Certificates are automatically renewable and can even be used as security for Dupaco loans.

For more information, or to open a term share certificate, please contact Dupaco's Member Service team by calling 800-373-7600, extension 206, or service@dupaco.com.

 

Term Share Certificate Specials

Current as of: 3/23/2019
Term Dividend Rate Annual Percentage Yield Min. to Earn
45 Month Fixed Jumbo Certificate Special 3.23% 3.26%1 $100,000
29 Month Fixed Jumbo Certificate Special 2.73% 2.75%1 $100,000
15 Month Fixed Jumbo Certificate Special 2.48% 2.50%1 $100,000
45 Month Fixed Certificate Special 2.99% 3.01%2 $5,000
29 Month Fixed Certificate Special 2.48% 2.50%2 $5,000
15 Month Fixed Certificate Special 2.24% 2.25%2 $5,000
1Special Jumbo Term Share Certificate Rate: Minimum amount required to open any Special Jumbo Term Share Certificate is $100,000. The dividend rate and annual percentage yield (APY) may change. Dividends begin to accrue on the business day you deposit non-cash items (for example, checks). Dividends will be compounded semi-annually and will be credited to the account semi-annually. Dividends on your account will be credited by adding the dividends to the principle. The annual percentage yield assumes dividends will remain on deposit until maturity. A withdrawal will reduce earnings.
2Special Term Share Certificate Rate: Minimum amount required to open any Special Term Share Certificate is $5,000. The dividend rate and annual percentage yield (APY) may change. Dividends begin to accrue on the business day you deposit non-cash items (for example, checks). Dividends will be compounded semi-annually and will be credited to the account semi-annually. Dividends on your account will be credited by adding the dividends to the principle. The annual percentage yield assumes dividends will remain on deposit until maturity. A withdrawal will reduce earnings.

Term Share Certificate Rates1

Current as of: 3/23/2019
Term Dividend Rate Annual Percentage Yield Min. to Earn
60 Month 1.64% 1.65% $1,000
48 Month 1.30% 1.30% $1,000
36 Month 1.05% 1.05% $1,000
30 Month 0.95% 0.95% $1,000
24 Month 0.80% 0.80% $1,000
18 Month 0.70% 0.70% $1,000
12 Month 0.60% 0.60% $1,000
6 Month 0.35% 0.35% $1,000
1Term Share Certificate Rates: Minimum amount required to open any Term Share Certificate is $1,000. Fees could reduce earnings on the account. A penalty will be imposed for early withdrawal.

 
Comments (10)
CD question
Dean
 • 103 days 10 hrs 47 mins 1 sec ago
Do I need a checking or savings account to open a CD? Can I have a check mailed to me for the interest on a CD upon its maturity?
 

Re: CD question
Dupaco Moderator
 • 102 days 10 hrs 25 mins 47 secs ago

Hi Dean, In order to open a certificate with us, you will need to have a savings account here at Dupaco with the $25 share deposited into it. From there, you can open any additional accounts you would like, including certificates. For the interest, we are able to send you a check semi-annually when the interest posts to the certificate. We had a member service representative reach out to you, so you can feel free to let them know if you have any additional questions.

 

CD question
Dean
 • 103 days 10 hrs 47 mins 1 sec ago
Do I need a checking or savings account to open a CD? Can I have a check mailed to me for the interest on a CD upon its maturity?
 

Re: CD question
Dupaco Moderator
 • 102 days 10 hrs 25 mins 47 secs ago

Hi Dean, In order to open a certificate with us, you will need to have a savings account here at Dupaco with the $25 share deposited into it. From there, you can open any additional accounts you would like, including certificates. For the interest, we are able to send you a check semi-annually when the interest posts to the certificate. We had a member service representative reach out to you, so you can feel free to let them know if you have any additional questions.

 

ACTIVE CHECKING ACCT
Rick
 • 161 days 1 hr 6 mins 2 secs ago
What is Dupaco's active checking definition? Does this include direct deposit? I currently do not have that option at work
 

Re: ACTIVE CHECKING ACCT
Dupaco Moderator
 • 159 days 5 hrs 10 mins 33 secs ago

Hi Rick, Our active personal checking definition, for the Thank Use program, is that you must meet one of the following qualifying criteria: a.) Set up direct deposit into your checking account, then have a total of 5 or more check, debit, or automated clearing house (ACH) transactions on that checking account within 90 consecutive days ending on 9/30/18. OR b.) Or, if you cannot direct deposit into your checking account, then have 10 check transactions, or 8 debit transactions, or 5 automated clearing house (ACH) transactions, or 3 bill pay transactions, on that checking account within 90 consecutive days ending on 9/30/18. We will have someone reach out to you to see if there's a way we can make it easy for your checking to be active.

 

CDs
Peg
 • 316 days 23 hrs 30 mins 22 secs ago
Do you match competitor rates?
 

Re: CDs
Dupaco Moderator
 • 313 days 11 hrs 20 mins 8 secs ago

Hi Peg, we will have a Member Service Representative reach out to you. Thanks!

 

Early Withdrawal
Sam
 • 366 days 23 hrs 42 mins 28 secs ago
What is the early withdrawal penalty for an 18 month CD?
 

Re: Early Withdrawal
Dupaco Moderator
 • 365 days 12 hrs 33 mins 46 secs ago

Hi Sam, any type of early withdrawal from a certificate of deposit incurs a penalty of 12 months loss of interest. If you close the entire certificate out prematurely, you lose 12 months of interest. If you only take a partial withdrawal, there will be 12 months loss of interest on the portion withdrawn. If the certificate has not been active for 12 months, the penalty will be either entirely or partly deducted from the principal.

 

401k Rollovers
Rick
 • 1105 days 12 hrs 45 mins 14 secs ago
If my past employers do not charge me any extra cost for keeping the 401k there; what is the benefit of rolling the past retirement accts. into my current 401k? Isn't diversity good?
 

Re: 401k Rollovers
Dupaco Moderator
 • 1101 days 8 hrs 11 mins 54 secs ago

Hi Rick, One advantage of combining the plans would be the simplicity of having your funds consolidated. Even though the plans are combined you're still able to diversify investments in the market within your new 401k. But, meeting with one of Dupaco's financial advisors before making any moves is where we'd recommend you begin. Thanks!

 

Start saving for retirement
Blake
 • 1115 days 5 hrs 4 mins 12 secs ago
Hello, I am looking into starting to save for retirement. I am only 20 but want to get started sooner than later. Was wondering what my options are and what is the best place to invest my money. Thanks!
 

Re: Start saving for retirement
Dupaco Moderator
 • 1114 days 9 hrs 13 mins 29 secs ago

Hi Blake, we're glad to hear you are ready to start looking into retirement options - way to get ahead of the game! I will have a representative contact you shortly.

 

what better cd or mutual funds
ty
 • 1123 days 10 hrs 17 mins 33 secs ago
what would you recommend for someone starting late investing do you like mutual funds or cd
 

Re: what better cd or mutual funds
Dupaco Moderator
 • 1123 days 3 hrs 13 mins 39 secs ago

Hi Ty, I will have someone in our IRA department reach out to you soon. Thanks!

 

Fees?
john
 • 1177 days 9 hrs 49 mins 7 secs ago
"Fees could reduce earnings on the account." please explain the fees.
 

Re: Fees?
Dupaco Moderator
 • 1174 days 9 hrs 30 mins 18 secs ago

Hi John, the standard penalty is 12 months loss of interest, so if you redeem a CD before you’ve earned the 12 months of interest, the penalty could dip into your principal.

 

early withdrawal
Brittney
 • 1259 days 4 hrs 38 mins 20 secs ago
What is the penalty fee for early withdrawal?
 

Re: early withdrawal
Dupaco Moderator
 • 1258 days 11 hrs 8 mins 32 secs ago

Hi Brittney, the penalty is 12 months loss of interest.

 

CD - Add in
Kelli D
 • 1343 days 20 hrs 35 mins ago
I was wondering if any of your CD's allow for me to make deposits to it, say every other week or every month, on top of the initial start amount or do all of your CD's only allow a one-time deposit when it is opened for the duration of the term?
 

Re: CD - Add in
Dupaco Moderator
 • 1342 days 12 hrs 6 mins 48 secs ago

Hi Kelli, unfortunately we do not allow add-on deposit to our CDs at this time.

 

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