Term Share Certificates (or CDs) are a great way to grow your savings and Finger Lakes FCU offers a variety of terms that work for every budget. CDs offer members higher dividend rates than other savings options and come with no monthly service fees.

CD’s are offered in 3-month, 6-month, 9-month, one-year, 18-month, and two-year, and three-year terms. Dividend Rates and Annual Percentage Yield (APY) differ by term.

Dividend Period - Quarterly (calendar) for the 18 month, 1, 2 & 3 year CD’s. Monthly for 3 & 6 month CDs along with 9-month add on CDs.

Limitations/Restrictions - Funds must remain on deposit for the term selected to earn the stated dividend rate and APY. If funds are withdrawn prior to the maturity date, a penalty may apply and the CD may be closed if the balance falls below the minimum threshold. The penalty applied varies based on the term of the CD.