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  Golden 1 Credit Union Term-Savings Certificate Account

Golden 1 Credit Union Term-Savings Certificate Account

in CD Accounts from The Golden 1 Credit Union · ncua

Unaffiliated

Golden 1 Credit Union Term-Savings Certificate Account

Unaffiliated

in CD Accounts from The Golden 1 Credit Union · Insured by NCUA

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Highlights
Minimum Opening Deposit Starting at $500
Certificate Term
  • 3 months
  • 6 months
  • 9 months
  • 11 months
  • 12 months
  • 13 months
  • 15 months
  • 16 months
  • 18 months
  • 19 months
  • 2 years
  • 25 months
  • 27 months
  • 28 months
  • 30 months
  • 31 months
  • 3 years
  • 37 months
  • 39 months
  • 42 months
  • 43 months
  • 4 years
  • 49 months
  • 55 months
  • 58 months
  • 59 months
  • 5 years
APY (Annual Percentage Yield) 0.2% - 1.0%

Golden 1 Credit Union Term-Savings Certificate Account Review

Golden 1 Credit Union Term-Savings Certificate Account is offered by The Golden 1 Credit Union, a credit union founded in 1990 and based in Sacramento, CA. Golden 1 Credit Union Term-Savings Certificate Account is available in 1 state across the USA.

Key Takeaways
  • Only one CD account type available. Golden1 CD only offers traditional CD accounts.
  • Very high APY. This account offers an annual percentage yield of up to 1.0%, which is much higher than the national average for a certificate account.
  • $500 minimum deposit. This is a typical minimum initial deposit for the certificates we track.
  • Wide selection of certificate terms. Golden1 CD allows you to create a certificate ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.
Pros & Cons of Golden 1 Credit Union Term-Savings Certificate Account
Pros Cons
  • Insured by NCUA.
  • Multiple certificate terms available.
  • High-dividend yield
  • No charge on incoming domestic or international wire transfers.
  • Only available in one state.
  • There isn't a no-penalty certificate option.
  • Does not offer an IRA CD.
Golden 1 Credit Union Term-Savings Certificate Account FAQ

Are cd accounts from The Golden 1 Credit Union federally insured?

Yes, your The Golden 1 Credit Union cd accounts are insured up to $250,000 per share owner for each account ownership category. 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 The Golden 1 Credit Union offer?

Golden1 CD provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.

What CD rates does The Golden 1 Credit Union offer on its CDs?

Golden1 CD offers an APY starting at 0.2% and ranging up to 1.0%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding.

What terms does Golden1 CD offer?

The Golden 1 Credit Union offers CD terms of the following lengths:
Golden 1 Credit Union Term-Savings Certificate Account Rates & Terms
Description
11-Month APY 0.35% - 0.40%
2-Year APY 0.65% - 0.70%
3-Month APY 0.20% - 0.30%
3-Year APY 0.75% - 0.80%
4-Year APY 0.80% - 0.85%
5-Year APY 0.90% - 1.00%
6-Month APY 0.35% - 0.40%
12-Month APY 0.50% - 0.55%
APY (Annual Percentage Yield) 0.2% - 1.0%

What is the minimum deposit to open a CD account with The Golden 1 Credit Union?

Golden1 CD requires a minimum deposit of $500 to open an account.

What is the grace period for Golden1 CD?

There is a 7-day grace period for Golden1 CD. 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 7-day 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 Golden1 CD 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 CD term ends.

The Golden 1 Credit Union does not charge an early withdrawal fee.

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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.

Message From Golden 1 Credit Union Term-Savings Certificate Account

A term savings certificate can help you reach your saving goals faster! You choose from available terms, all with a low minimum deposit. The longer the term, and the higher your deposit balance, the higher dividend rate you can earn! It's an excellent choice if you know how long you want to keep funds on deposit. Terms vary from 3 to 60 months. Dividends you earn each month can be added to the certificate balance or transferred to a different account without penalties. Federally insured by the NCUA. Contact us or visit any Golden 1 branch to apply.

Availability

  Available in 1 state
California
Availabile in all of California

Feature Breakdown

Minimum Opening Deposit Starting at $500
11-Month APY 0.35% - 0.40%
2-Year APY 0.65% - 0.70%
3-Month APY 0.20% - 0.30%
3-Year APY 0.75% - 0.80%
4-Year APY 0.80% - 0.85%
5-Year APY 0.90% - 1.00%
6-Month APY 0.35% - 0.40%
12-Month APY 0.50% - 0.55%
APY (Annual Percentage Yield) 0.2% - 1.0%
CD Accounts Traditional
Grace Period for Account Changes 7 days
Certificate Term
  • 3 months
  • 6 months
  • 9 months
  • 11 months
  • 12 months
  • 13 months
  • 15 months
  • 16 months
  • 18 months
  • 19 months
  • 2 years
  • 25 months
  • 27 months
  • 28 months
  • 30 months
  • 31 months
  • 3 years
  • 37 months
  • 39 months
  • 42 months
  • 43 months
  • 4 years
  • 49 months
  • 55 months
  • 58 months
  • 59 months
  • 5 years

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