Lock in a high-yield savings opportunity! First Tech Federal Credit Union’s 13-month Share Certificate offers a stellar 5.00% APY. Learn more and start saving today.
Introduction: Why Should You Consider First Tech’s 13-Month Share Certificate?
First Tech Federal Credit Union is offering a highly competitive 5.00% Annual Percentage Yield (APY) on their 13-month Share Certificate. First Tech is a leading choice for savers seeking to maximize their returns without locking funds away for extended periods. Whether you’re a seasoned saver or just starting to explore the benefits of share certificates, First Tech’s offering is designed to bolster your financial health, reflecting their commitment to member satisfaction and financial well-being.
Operating with a member-first philosophy, First Tech stands out not just for its attractive rates but also for its accessibility and convenience. With a presence in eight states and a comprehensive online banking platform, it ensures that high-yield savings opportunities are within reach for members nationwide. This blend of competitive rates, convenience, and a focus on member benefits makes the 13-month Share Certificate from First Tech an option worth considering for anyone looking to get more from their savings.
Let’s look into the details of this offer and how you can take advantage of this exceptional savings opportunity.
Recent Updates:
- Update 3/11/2024: The rate for their 13-month Share Certificate decreased to 5.00%.
- Update 2/19/2024: The rate for their 13-month Share Certificate decreased to 5.05%.
- Update 1/16/2024: The rate is still at 5.35%, a very competitive rate.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
First Tech 13-Month Share Certificate (5.00% 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 5.00% 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.
- Flexibility:
- 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).
- Security:
- 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.
TRENDING DEAL:
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
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
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.
READ MORE: SEE THIS BANK PROMO FROM CHASE BEFORE IT ENDS
Bottom Line
The high APY for their 13-Month Share Certificate makes First Tech an attractive option for those looking to earn significant returns on their savings without the risk associated with more volatile investment options.
For savers seeking competitive rates, flexibility, and the security of NCUA insurance, First Tech’s share certificates represent a compelling choice. Whether you’re building an emergency fund, saving for a short-term goal, or simply looking to grow your savings more efficiently, First Tech Federal Credit Union’s offerings merit serious consideration.
See more from First Tech:
- First Tech Federal Credit Union Bonus: Earn $300 Checking Offer – Ends 6/30/24
- Choice Rewards World Mastercard® Review – First Tech FCU
- First Tech Platinum Rewards Mastercard® 10,000 Bonus Points
- First Tech Federal Credit Union Promotions: Credit Card Bonuses [Nationwide]
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.