Are you ready to invest your hard earned money but not quite prepared for a long-term commitment? A share certificate may be the solution. TEG Federal Credit Union in Poughkeepsie, NY offers a 24-month CD rate of 1.21% APY that help you earn money while you save it.
24-Month CD Rate Terms and Conditions
TEG certificates begin with a minimum deposit of $500, an accessible option for people looking to start their first savings account, or just to augment an existing one. TEG’s CDs are federally backed and insured by the FDIC — the Federal Deposit Insurance Corporation.
About TEG Federal Credit Union
In 1969, a group of teachers from the Wappingers Central school district became disenchanted with their financial institutions and decided to organize a new alternative for banking, forming the Wappingers Central Federal Credit Union. The credit union expanded its membership in 1976 to include Dutchess County Government workers and became known as the Taconic Educational and Governmental Federal Credit Union – otherwise known as TEG Federal Credit Union. Over the years, TEG FCU’s field of membership expanded further to include various select employee groups in Dutchess County, NY. In August 2000, TEG became community chartered and opened its doors to all those who lived, worked, worshiped or attended school in Dutchess.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.