For 48 and 60 month Bump Up Certificate of Deposit accounts you have the option to make two interest rate adjustments during the. term of the account. The new interest rate will be paid for the remainder of the term at the rate then in effect for new Bump Up Certificate accounts on The rates and fees appearing in this Disclosure are Raise Your Rate CD – 2- and 4-year terms available. Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term if our rate for your term and balance tier goes up. This option may be used to increase the rate to the current rate in effect for this same type of certificate on the day the request is made in writing. Unlimited funds may be deposited at any time during the term of the CD. Bump Up CD is promotional and subject to change, cancellation, or renewal at the discretion of GECU.

yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. During the term of your 18-Month Bump Rate Certificate account(s), you may increase the rate one time to the rate currently in effect for accounts of this type with the BCS COMMUNITY CREDIT UNION ACCOUNT DISCLOSURE. Effective Date 2/01/2017. Bump-Up: 36, 48, or 60 Month Certificates Features. The interest rate and annual percentage yield (APY) for this account is based on the term and The minimum deposit to open the CD and obtain the interest rate is $1,000. The CD has a one-time option to Bump Up the interest rate to the interest rate we are then offering for the 30 month Bump Rate CD, for the remaining term of the CD. At the time you exercise the Bump Up, you may make an additional one-time deposit. For 48 and 60 month Bump Up Certificate of Deposit accounts you have the option to make two interest rate adjustments during the. term of the account. The new interest rate will be paid for the remainder of the term at the rate then in effect for new Bump Up Certificate accounts on The rates and fees appearing in this Disclosure are Raise Your Rate CD – 2- and 4-year terms available. Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term if our rate for your term and balance tier goes up.

The Bump-Up Certificate allows you to take advantage of rising rates in a volatile market. When rates change, you have the ability to increase your certificate rate 

Bump rate certificates are also available, providing the flexibility to “bump up” the in your account each day to obtain the disclosed Annual Percentage Yield. Minimum Opening Balance. Higher Rates for Opening Balances $50,000+. Terms. Free Online and Mobile Banking. Flexibility to Bump Rate or Balance During  44 Month Bump CD - 1.31% APY (Annual Percentage Yield). APY disclosed includes $2,500 in new money required and our Good Life coupon of 10 basis points. Please see your account disclosure for additional details. Bump-up certificates allow the owner to request one rate increase for the remainder of the term if the  Find current CD rates and compare high-yield certificates of deposit at TIAA also offers a Bump Rate CD that starts at an incredibly high rate for a CD and 

You may change the certificate rate one time at your option during the term. IRA Certificates are excluded from Bump Certificate Specials. Early withdrawal 

Promotional rates for special offers made available during the CD term are excluded from the rate Bump option. The new interest rate and APY will remain in effect  You may change the certificate rate one time at your option during the term. IRA Certificates are excluded from Bump Certificate Specials. Early withdrawal  The Bump-Up Certificate allows you to take advantage of rising rates in a volatile market. When rates change, you have the ability to increase your certificate rate  Bump Certificates — Do you like to keep tabs on financial markets and follow For this 6 month CD, half of the interest that you earn will be paid to veteran Please refer to our rate sheet for full disclosure of account terms and conditions. Certificate Accounts. Rate bump option available on select accounts*. Mountain America's certificates are a great way to earn competitive dividends on safe, long-   Bump-Up CDs are variable rate accounts. Interest rates and APY may change after the account is open due to a Bump-Up feature. Bump-Up CDs allow you to 

4 Feb 2019 Initially, bump-up CDs are structured the same way as any other CD, paying you a fixed rate over a set period of time. However, if interest rates on 

Find out whether a bump-up CD (certificate of deposit) is the right savings option for you during a time when you're unsure about the direction of interest rates. Learn how CD rates fluctuate to For standard CDs, CD Specials, and Add-On CDs, you will be paid this rate until the maturity date of your CD. For Bump Rate CDs you will be paid this rate until the maturity date of your CD unless you elect to change the interest rate according to the Transaction Limitations below. For Step Rate CDs you will be paid these rates for Rising Rate CDs protect investors when rates go up by allowing depositors in increase the interest rate. Also called bump up CDs, here are current offers along with one good alternative CD option. With a Dollar Bank Bump-Up CD, earn a competitive interest rate now with the option of bumping up to a higher rate if rates rise later. We are thinking about offering a "bump-up" rate CD product. If we do, I know we need to include in the original TISA disclosure the terms of and conditions of the product to the customer, but at the time the customer exercises his right to "bump" the interest rate on the CD, do we need to provide him/her with a new TISA disclosure reflecting the new rate/APY or does the original TISA

Give the Brush-Off to Bump-Up CDs. you may bump up your rate to that of a higher-rate CD only if the maturity of the higher-rate CD exactly matches the length of time that remains on your CD.

For 48 and 60 month Bump Up Certificate of Deposit accounts you have the option to make two interest rate adjustments during the. term of the account. The new interest rate will be paid for the remainder of the term at the rate then in effect for new Bump Up Certificate accounts on The rates and fees appearing in this Disclosure are Raise Your Rate CD – 2- and 4-year terms available. Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term if our rate for your term and balance tier goes up. This option may be used to increase the rate to the current rate in effect for this same type of certificate on the day the request is made in writing. Unlimited funds may be deposited at any time during the term of the CD. Bump Up CD is promotional and subject to change, cancellation, or renewal at the discretion of GECU. Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and APY are offered at the bank's discretion and may change daily. Return to content, Footnote 2 I have been instructed to lead a project around compliance ramifications if negative interest rates were to occur in the US. With regard to deposit accounts, would all TISA and other initial disclosures need to be updated to reflect this change. Since the change in terms would negatively affect our customers. Note: The membership disclosures document is a downloadable Adobe Acrobat file. To view it, you may need to download the free Acrobat Reader. If you have problems opening the file even though you have Acrobat installed, right click on the link, choose Save As or Download Link To Disk, save to your desktop and open from there.

The rates appearing in this Schedule are accurate and effective for Variable Rate Add-on Certificate Accounts as of the Effective Date indicated above. If you have any questions or require current rate information on your accounts, please call the Credit Union at (800) 452-9515. Give the Brush-Off to Bump-Up CDs. you may bump up your rate to that of a higher-rate CD only if the maturity of the higher-rate CD exactly matches the length of time that remains on your CD. yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. During the term of your 18-Month Bump Rate Certificate account(s), you may increase the rate one time to the rate currently in effect for accounts of this type with the BCS COMMUNITY CREDIT UNION ACCOUNT DISCLOSURE. Effective Date 2/01/2017. Bump-Up: 36, 48, or 60 Month Certificates Features. The interest rate and annual percentage yield (APY) for this account is based on the term and The minimum deposit to open the CD and obtain the interest rate is $1,000. The CD has a one-time option to Bump Up the interest rate to the interest rate we are then offering for the 30 month Bump Rate CD, for the remaining term of the CD. At the time you exercise the Bump Up, you may make an additional one-time deposit.