Certificates of Deposit

Members who want a higher rate of return on their savings or Money Management Account (MMA), might be interested in Telcom's certificate of deposit (CD) options. Funds are committed for a specified period of time to qualify for the higher interest rate. Penalties do apply for early withdrawals.

Our CDs feature:

Above-market rates guaranteed for the term of certificate (Click here for current rates.)
Easy to open, automatically renewed at maturity
Interest calculated daily; three interest payment options:
- Full interest at maturity
- Interest compounded quarterly (added to certificate)
- Monthly interest transfer to Telcom checking or savings account
Flexible Terms: 6 month, 1 year, 2 year, 30 month, 3 year, 4 year and 5 year
Low $500 minimum deposit
Safety - included under NCUA $100,000 share insurance coverage
Partial withdrawals allowed, subject to Telcom penalties
Telcom early withdrawal penalties: 90 days interest on six month and one year; 180 days interest on all others. See share certificate account agreement for full terms.
Certificate renewal notices sent seven days prior to maturity; renewed automatically if no response; seven day grace period for renewals; renewal acknowledgment sent on request.

You can open a new Telcom CD at any Telcom branch, or by calling 800.356.7465.
old