Certificates and IRAs

Term Share Certificates

New SelectOne Share Certificates

In a rising Interest rate environment, locking into a long-term fixed rate investment can be a troubling task. That's why Central Coast Federal Credit Union has introduced SelectOne. SelectOne allows you to get great long-term rates without the risk of missing out on a higher dividend rate. During the term, the SelectOne account features an option that allows you to make a one-time adjustment to your dividend rate if a higher prevailing rate exists. Flexibility and peace of mind is the key to this extraordinary new product.

Our Term Certificates are Central Coast Federal Credit Union's most popular savings product. Term Certificates ("Certificates of Deposit" at other financial institutions) are available at either $1,000.00 or $5,000.00 minimum starting balances. The terms for our $1,000.00 minimum certificates are 3 months and 1 year. The terms for our $5,000.00 minimum certificates are 7 months, 24 months and 36 months. We have many options on our term certificates - automatic renewals, dividend payment options (monthly, quarterly, at maturity payouts), and so on. Our rates are traditionally among the highest in the Monterey County area ... There are penalties for early withdrawals on all term certificate accounts-please view our Truth in Savings Account Disclosure for penalty information requires Adobe Acrobat Reader

Individual Retirement Accounts (IRAs)

An Individual Retirement Account at Central Coast Federal Credit Union is a safe, secure way for you to save for your retirement years. Our dividend rates have traditionally been the highest in the Monterey County area for federally-insured IRA's. We offer Traditional (tax-deferred), Roth, Coverdell ESA (Education Savings Account) and SEP (Simplified Employee Pension). Dividends are paid monthly on average share balances of $100.01 or more. Quarterly statements are issued on IRA's. We strongly suggest you consult with your tax or investment advisor before opening an IRA ...