Last Updated: 04/18/2025
KeyPoint CU Business Promotional CD Account
Unaffiliated
in CD Accounts from KeyPoint Credit Union
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All CD Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
4.75% - 5.12%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $1,000
Certificate Term
- 7 months
- 12 months
KeyPoint CU Business Promotional CD Account Review
KeyPoint CU Business Promotional CD Account are offered by KeyPoint Credit Union, a credit union founded in 1979 and based in Santa Clara, CA. KeyPoint CU Business Promotional CD Account are available in 50 states and Washington, DC.
Key Takeaways
- Small selection of CD account types. KeyPoint CU Business Promotional CD Account only offers bump up and traditional CDs.
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 5.12%, which is much higher than the national average for a CD account.
- $1,000 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
- Limited selection of CD terms. KeyPoint CU Business Promotional CD Account only offers two CD terms. This limits your options when trying to set up a CD ladder.
Pros & Cons of KeyPoint CU Business Promotional CD Account
| Pros | Cons |
|
|
KeyPoint CU Business Promotional CD Account FAQ
Are CD from keypoint credit union federally insured?
No, your KeyPoint Credit Union CD accounts are not insured by a federal insurance agency. This means that if KeyPoint Credit Union were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.
What types of CDs does KeyPoint Credit Union offer?
KeyPoint CU Business Promotional CD Account provides the following types of CDs.- Traditional CDs. These CDs pay a fixed interest rate if you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or automatically renewing the CDs for another term.
- Bump-up CDs. Bump-up CDs allow you to increase the interest rate you earn on your savings if the going interest rates rise. These CDs are useful in a changing interest rate environment.
What rates does KeyPoint Credit Union offer on its CDs?
KeyPoint CU Business Promotional CD Account offers an APY starting at 4.75% and ranging up to 5.12%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding. This is higher than the typical interest rate for online-only checking accounts, which is around 1% APY.
What terms does KeyPoint CU Business Promotional CD Account offer?
KeyPoint Credit Union offers CD terms of the following lengths:| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Term |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12-Month APY | 5.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 4.75% - 5.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 7-Month APY | 4.75% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum deposit to open a CD account with KeyPoint Credit Union?
KeyPoint CU Business Promotional CD Account require a minimum deposit of $1,000 to open an account.
What is the grace period for KeyPoint CU Business Promotional CD Account?
KeyPoint CU Business Promotional CD Account does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new CD rates probably won’t be the same as the original.
What types of fees, such as early withdrawal penalties, does KeyPoint Credit Union charge?
Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the term ends.
KeyPoint Credit Union charges an early withdrawal fee.
KeyPoint Credit Union does charge any of the fees we track.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
9:00AM - 5:00PM
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
10:00AM - 5:00PM
Thursday
9:00AM - 6:00PM
Friday
9:30AM - 2:00PM
Saturday
9:30AM - 2:00PM