cERTIFICATES OF dEPOSIT

There are no fees to open a CD with Concho Educators Federal Credit Union, dividends are paid and deposited to your CD in a monthly basis, or we can set up your CD to:

• Automatically transfer any earnings to your savings, checking or special savings account with Concho Educators Federal Credit Union each month.
• Automatically receive a dividend check each month payable to yourself.
• Automatically renew your CD at the end of the maturity date.

Once a CD is opened it is locked-in at your opening rate, all CD rates are fixed and there cannot be any other deposits made to your CD account (excluding dividends) until maturity date. You can choose from the following types of CDs:

• 6 Month
• 1 Year
• 2 Year
• 3 Year
• 4 Year
• 5 Year

Please see our deposit rate page here for current rates.