Carter Federal Credit Union

Certificate Accounts
Sound investment and long-term growth

A CD or Certificate Account can be an appealing option for members looking for long-term growth with minimal risk. A CD will always hold its original value, and the earnings rate is significantly higher than a regular savings account. Like all savings accounts at Carter Federal, the principal is insured up to $100,000 by the NCUA.

A minimum deposit of $1000 is required. Dividends are paid monthly. You can find out about rates and terms by visiting the Current Rates section of our web site.

Ladder Your Investments for Maximum Return!

A recent 5-yr study showed that by laddering Carter Federal share certificates, members earned an extra $3,435 more than those who practiced short-term investing-reinvesting in 1-yr certificates.

Laddering offers a low-maintenance approach with steady returns and ready access to cash without penalties because a certificate matures every year. In almost any rate environment, the longer term maturities will carry the highest rate.

Year 2004	Buy a 1,2,3,4 and 5-year certificate.
Year 2005	Your 1-year certificate matures. Reinvest as a 5-year certificate.
Year 2006	Your 2-year certificate matures. Reinvest as a 5-year certificate.
Year 2007	Your 3-year certificate matures. Reinvest as a 5-year certificate.
Year 2008	Your 4-year certificate matures. Reinvest as a 5-year certificate.
You now have 5-year certificates with one maturing each year!
Carter Federal has some of the BEST RATES around. So give us a call and give laddering a try. 1-800-367-5026.
In some rate environments laddering may not out-perform short-term investing. However, laddering does provide a low-maintenance approach with steady returns and ready access to cash without penalties, since a certificate matures every year. In almost any rate environment, the longer term maturities will carry the highest rate.

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