Wings Financial Credit Union 5 Year Step-Up Certificate Review

Wings Financial Credit Union 5 Year Step-Up Certificate is offered by Wings Financial Credit Union, a credit union founded in 1938 and based in Apple Valley, MN. Wings Financial Credit Union 5 Year Step-Up Certificate is available in 3 states across the USA.

Are cd accounts from Wings Financial Credit Union federally insured?

Yes, your Wings Financial 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 Wings Financial Credit Union offer?

• Bump Up
• IRA
• Jumbo
• Traditional

What APY does Wings Financial Credit Union offer on its CDs?

Wings Financial Credit Union 5 Year Step-Up Certificate offers an APY starting at 2.83% and ranging up to 2.93% (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 Wings Financial Credit Union?

Wings Financial Credit Union 5 Year Step-Up Certificate requires a minimum initial deposit of $500 to open an account.

What types of early withdrawal penalties does Wings Financial Credit Union 5 Year Step-Up 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.

Wings Financial Credit Union does not charge an early withdrawal fee.