United Nations Federal Credit Union Bonus Rate Certificate Review

United Nations Federal Credit Union Bonus Rate Certificate is offered by United Nations FCU, a credit union founded in 1947 and based in Long Island City, NY. United Nations Federal Credit Union Bonus Rate Certificate is available in 50 states (and Washington, DC).

Are cd accounts from United Nations FCU federally insured?

Yes, your United Nations FCU 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 United Nations FCU offer?

• IRA
• Traditional

What APY does United Nations FCU offer on its CDs?

United Nations Federal Credit Union Bonus Rate Certificate offers an APY starting at 1.6% and ranging up to 2.5% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What is the minimum deposit to open a CD account with United Nations FCU?

United Nations Federal Credit Union Bonus Rate Certificate requires a minimum initial deposit of $50,000 to open an account.

What types of early withdrawal penalties does United Nations Federal Credit Union Bonus Rate 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.

United Nations FCU does not charge an early withdrawal fee.