When taking out a CECU Fixed Deposit, the member pledges to leave a stipulated amount of money for a specified time and agrees to receive an interest rate for that time period. Interest rates vary between 2% to 3.5% per annum. All deposits are repayable on demand but early redemption penalties apply.
| Minimum Deposit | $5000.00 |
| Period | 1 year |
CECU Fixed Deposit Rates
| Amount | Est. Rate | Retirees Rate |
| 5,000 - 25,000 | 2.0 | 2.25 |
| 25,001 - 50,000 | 2.25 | 2.5 |
| 50,001 - 100,000 | 2.5 | 2.75 |
| 100,001 - 500,000 | 3.0 | 3.5% |
Break Rates
Under 90 days, two (2%) percent below established rate.
| Amount | Break Rate |
| 5,000 - 55,000 | 1% Less |
| 50,001 - 100,000 | 1.5% Less |
| 100,001 and over | 1% Less |
N.B.: Members wishing to pledge their fixed deposits as collateral for loans would only be permitted to borrow to the extent of the Fixed Deposit. The Character limit would not apply.
Contact Us for further information on CECU's Term / Fixed Deposit options.
