Regular CDs

  • Safety - accounts insured up to $100,000 by NCUA, a US government agency
  • Minimum deposit $500 (not available for all terms)
  • Terms: 3 - 60 months
  • Rate locked in for entire term
  • APY (Annual Percentage Yield) applies to compounded dividends by adding to the CD
  • Jumbo rates on minimum investments of $50,000, $75,000 and $100,000
  • Monthly dividend options:
    • Add to the CD
    • Paid to you by check
    • Posted to your savings or checking
  • Traditional CDs, plus flexible investment options:
    • Add-On CD - make one additional deposit during the term of the CD
    • No-Penalty CD - withdraw at any time with no penalty
    • Prime Rate CD - rate indexed to Wall Street Journal Prime Rate minus 2.75%
    • Bump Up CD - one-time option to increase your rate once during the term of the CD
  • Automatic Renewal
  • Maturity notices mailed approximately 30 days in advance
  • CD secured loans available - avoids penalty for early withdrawal
  • Early withdrawal penalty - 90 days loss of dividends or the dividends that have been earned (whichever is less)
  • Penalty does not cut into the principal
  • No callable option
  • Purchase your CDs online at belco@net Select 'Move $' and then 'Buy Certificate'
  • Check out the current rates by clicking here
  • For more information concerning REG D click here