Savings

Certificates of Deposit (CDs)

Direct Federal Certificates of Deposit (CDs) are guaranteed safe and guaranteed to grow over time. Our CDs offer an attractive, fixed interest rate for the entire term of the CD—with no fees or hidden costs. And, you can open a CD with as little as $250, with flexible terms ranging from three months to five years. All of Direct Federal CDs are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

With the uncertainty and risks that can come with investing in the stock market, Direct Federal CDs provide peace of mind and security. Even better, you can open an account in just minutes!

Effective March 20, 2010 - March 26, 2010

$250 minimum deposit is required to open an account and earn the Annual Percentage Yield (APY). 

Term	Dividend Rate	Annual Percentage Yield (APY*)
3 month	0.50%	0.50%
6 month	050%	0.50%
7 month	0.75%	0.75%
9 month	0.75%	0.75%
12 month	0.995%	1.00%
15 month	0.995%	1.00%
18 month	0.995%	1.00%
24 month	1.73%	1.75%
30 month	1.73%	1.75%
36 month	1.93%	1.95%
48 month	2.13%	2.15%
60 month	2.32%	2.35%

 * Rates may change at any time without notice.  The APY for all Term Accounts assumes the dividend will remain in the account until maturity.   Withdrawal of dividends prior to maturity will reduce earnings.  A penalty will be imposed for withdrawal of principal before maturity. 

Higher rates apply for deposits of $100,000 or greater. 

Please give us a call at 781.455.6500 to get the current rate.

Open a Certificates of Deposit (CDs) today and start saving for tomorrow now.