First Tech Federal Credit Union (firsttechfed.com) is currently running a promotion offering a 5.35% Annual Percentage Yield (APY) on their 13-month Share Certificate. This offer is available nationwide.
- Update 11/4/2023: The rate is still at 5.35%, a very competitive rate.
Established in 1952 and headquartered in Hillsboro, Oregon, First Technology Federal Credit Union has a variety of offers for new and existing customers.
Get the current offer details below.
First Tech 13-Month Share Certificate (5.35% APY)
When it comes to saving money, finding the right investment options that offer security and growth is crucial.
First Tech Federal Credit Union’s 13-Month Share Certificate is currently offering an impressive Annual Percentage Yield (APY) rate.
Key Features of First Tech Federal Credit Union’s 13-Month Share Certificate
- Competitive 5.35% APY rate
- “Bump” feature allows you to increase balance or rate (or both) once during the term
- Minimum opening balance of $500
- Bump-up certificates available for durations between 13 and 36 months
- Ideal for individuals who want flexibility in rate or balance adjustments
- Provides a less risky alternative to the stock market
- Offers a hands-off approach to savings
READ MORE: COMPARE WITH THE NATION’S BEST CD RATES HERE
Benefits Of A 13-Month Share Certificate
- High Earning Potential:
- Earn a competitive rate on your investment.
- Take advantage of higher rates if they become available with the “Bump” feature.
- Increase your balance or rate (or both) once during the term.
- Choose a bump-up certificate duration that aligns with your saving goals (13-36 months).
- All deposited funds are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
- Each Individual Retirement Account (IRA) account is insured separately, providing additional protection.
- Less Risk:
- Enjoy a stable and secure investment option without exposing your funds to stock market volatility.
- Hassle-Free Saving:
- With a fixed term and predetermined interest rate, you can sit back and watch your savings grow.
Bump-Up Share Certificate Terms
- Bump-Up feature allows for rate adjustments on Bump-Up Share Certificates
- Dividend rate and APY are listed on the Certificate Receipt
- Maturity Date remains the same as stated on the Certificate Receipt
- Exchange dividend rate once per term (or once every 12 months for terms less than 24 months) at no cost
- Option to make one additional deposit within each 12 months of the current term
- Maximum additional deposit amount is up to the original amount of the certificate at the start of the current term
Frequently Asked Questions (FAQ)
No maximum balance amount; however, a minimum opening deposit of $500 is required.
Existing members can open the account through Online Banking.
Non-members are invited to join First Tech Federal Credit Union before opening the account. Most U.S. residents can meet membership requirements, and the membership application is a quick and easy part of the certificate application.
If you’re looking to maximize your savings securely, First Tech Federal Credit Union’s 13-Month Share Certificate is a good choice.
With its competitive APY rate, flexibility through the “Bump” feature, and minimum opening balance of $500, this certificate provides an attractive investment option.
Whether you want to save for a short-term goal or prefer a longer investment period, First Tech has a bump-up certificate that suits your needs.
See more from First Tech:
- First Tech Platinum Rewards Mastercard® 10,000 Bonus Points
- Choice Rewards World Mastercard® Review – First Tech FCU
- First Tech Federal Credit Union Promotions: $350 Checking Bonus [Nationwide] – Ends 12/31/23