ESL Federal Credit Union Certificate Review

ESL Federal Credit Union Certificate is offered by ESL Federal Credit Union, a credit union founded in 1920 and based in Rochester, NY. ESL Federal Credit Union Certificate is offered in 1 state across the USA.

Are cd accounts from ESL Federal Credit Union federally insured?

Yes, your ESL Federal Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does ESL Federal Credit Union offer?

• IRA
• Jumbo
• Traditional

What APY does ESL Federal Credit Union offer on its CDs?

ESL Federal Credit Union Certificate offers an APY starting at .05% and ranging up to 2.5% (APY stands for annual percentage yield, rates may change).

What is the minimum deposit to open a CD account with ESL Federal Credit Union?

ESL Federal Credit Union Certificate requires a minimum initial deposit of $500 to open an account.

What types of early withdrawal penalties does ESL Federal Credit Union Certificate charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

ESL Federal Credit Union does not charge an early withdrawal fee.