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APY = Annual Percentage Yield
Available for a limited time only.
Penalty for early withdrawal. Rates subject to change without notice.
Rates accurate as of 7/17/08.
Contact any Knoxville
TVA Employees Credit Union office for details:
544-5400 or 800-467-5427 |
Certificate
Accounts with Maturities of Two (2) Months Through Twelve (12)
Months: Accounts earn from the date of deposit to the maturity
date. The minimum deposit on these accounts is $2,500.* The
penalty for early withdrawal is an amount equal to thirty-one
(31) days' dividends.
- Certificate Accounts with Maturities of Thirteen (13)
Months or More: Accounts earn from the date of deposit
to the maturity date. The minimum deposit on these accounts
is $500.* The penalty for early withdrawal is an amount
equal to ninety (90) days' dividends.
* The dividend rate is based on current market rates.
The offering rate changes weekly, but once purchased remains
constant for the term of the certificate account at purchased
rate. Dividends shall be calculated on a 365-day basis
from the date of deposit or the date of last earnings and
shall compound monthly at the annual rate shown on the
Certificate Account Receipt, or payee(s) may request to
receive the earnings automatically on a monthly basis.
Dividends can be added back to your account, transferred
to another Credit Union account, or mailed directly to
you each month.
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