SchoolsFirst Federal Credit Union offers share certificates with nine different terms. CDs at this credit union have four balance tiers: $500, $20,000, $50,000 or $100,000. And generally, the more money you put in your CD, the higher the APY.
The minimum deposit for opening a share certificate is just $500. Jumbo share certificates are also available if you have at least $100,000 to put into savings. If you’re interested in using a CD to help save for retirement purposes, you can get access to an IRA certificate too.
There are a wide variety of terms available.
If you have a higher balance, you can take advantage of higher interest rates.
You only need $500 to open an account.