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what is a Blended Rate Certificate?

April 26, 2017blended Certificate rate

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what is a Blended Rate Certificate?

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What is the difference between “New” (currently on deposit at another financial institution) and “Old” (currently on deposit at TADFCU) Money? The Tobyhanna Federal Credit Union (TADFCU) is here to explain and help get you the best deal on your savings products. With a Blended Rate Certificate you can be sure that you are receiving the best rate possible based on the amount of monies saved at TADFCU. We realize that you may currently have “new” money and some “old” money. In order to give you the best rate and to reward you for bringing over money from another institution, we are going to blend a personalized rate based on the amount of money used to open this special 13-month certificate. The product details are listed below: • 2.50% APY* New Money • 1.50% APY* Old Money • Minimum Deposit – $5000.00 • 13 Month Term • Also available as a IRA or Roth IRA Certificate Find Out Your Blended Rate!