Updated on January 1, 2016

All rates are subject to change. *APY=Annual Percentage Yield

For Certificates of Deposit the following provisions apply: The stated Annual Percentage Yield (APY) assumes that dividends remain in the account until maturity.

Abilene Teachers Federal Credit Union imposes a penalty if you withdraw any of the funds before the maturity date. For certificates having a term of 3 or 6 months, the penalty imposed will equal 30 days of dividends on the amount withdrawn. For certificates having a term of 12, 18, or 24 months, the penalty imposed will equal 90 days of dividends on the amount withdrawn.  Additionally, there is a $5 administrative fee charged for every month left on the certificate.

At the time the Certificate is opened, you will be asked if you wish for the Certificate to automatically renew. If that option is selected, there is a 10 day grace period after the automatic renewal during which no early withdrawal penalty will be imposed.