Terms up to five years
We have terms available ranging from 90 days up to five years for those who want to optimize dividends.
UMassFive Term Deposits are a safe, effective way to save for any occasion. Term Deposit allow you to lock in a higher interest rate for a specific period of time.
We have terms available ranging from 90 days up to five years for those who want to optimize dividends.
With minimum balances starting at just $500, you can begin earning a higher rate sooner.
You have the option to roll the interest you've earned back into the certificate.
Or, if you prefer, you may request that all dividends be transferred into any basic savings account on either a quarterly basis, or at the certificate's maturity.
Term Deposits are one of the products you can get even more out of with Co-op Points!
Duration | Dividend Rate | Annual Percentage Yield |
---|---|---|
90 Days | 0.05% | 0.05% |
6 Month | 0.20% | 0.20% |
9 Month | 0.25% | 0.25% |
12 Month | 0.30% | 0.30% |
15 Month | 0.35% | 0.35% |
18 Month | 0.35% | 0.35% |
22 Month | 0.35% | 0.35% |
24 Month | 0.40% | 0.40% |
29 Month | 0.40% | 0.40% |
36 Month | 0.50% | 0.50% |
48 Month | 0.75% | 0.75% |
60 Month | 1.00% | 1.00% |
*There is a $500 minimum balance required to open any Term Deposit.
For disclosures and additional details, please visit here.
Financial Knowledge: