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 Certificate of Deposits?

Dupaco's term-share certificates, or certificates of deposits, are federally insured and a good option if you're looking for an investment vehicle with term options (from 6 to 60 months) and a fixed rate. Certificates are automatically renewable and can even be used as security for Dupaco loans.

Open an account

For assistance or more information, contact a member service representative at (563) 557-7600 / 800-373-7600, ext. 206, or service@dupaco.com.

 

Term Share Certificate Rates

Current as of: 2/17/2018
Term Dividend Rate Annual Percentage Yield Min. to Earn
40 Month Special 2.29% 2.30%1 $5,000
25 Month Special 1.99% 2.00%1 $5,000
12 Month Special 1.49% 1.50%1 $5,000
60 Month 1.64% 1.65%2 $1,000
48 Month 1.30% 1.30%2 $1,000
36 Month 1.05% 1.05%2 $1,000
30 Month 0.95% 0.95%2 $1,000
24 Month 0.80% 0.80%2 $1,000
18 Month 0.70% 0.70%2 $1,000
12 Month 0.60% 0.60%2 $1,000
6 Month 0.35% 0.35%2 $1,000
1Special Term Share Certificate Rate: Minimum amount required to open any 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.
2Term 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 (6)
401k Rollovers
Rick
 • 706 days 9 hrs 16 mins 27 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
 • 702 days 4 hrs 43 mins 7 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!

 

401k Rollovers
Rick
 • 706 days 9 hrs 16 mins 27 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
 • 702 days 4 hrs 43 mins 7 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
 • 716 days 1 hr 35 mins 25 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
 • 715 days 5 hrs 44 mins 42 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
 • 724 days 6 hrs 48 mins 46 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
 • 723 days 23 hrs 44 mins 52 secs ago

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

 

Fees?
john
 • 778 days 6 hrs 20 mins 20 secs ago
"Fees could reduce earnings on the account." please explain the fees.
 

Re: Fees?
Dupaco Moderator
 • 775 days 6 hrs 1 min 31 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
 • 860 days 1 hr 9 mins 33 secs ago
What is the penalty fee for early withdrawal?
 

Re: early withdrawal
Dupaco Moderator
 • 859 days 7 hrs 39 mins 45 secs ago

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

 

CD - Add in
Kelli D
 • 944 days 17 hrs 6 mins 13 secs 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
 • 943 days 8 hrs 38 mins 1 sec ago

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

 

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