Accurate as of February 23, 2023
(For Business Deposit Rates, click here.)
*APY = Annual Percentage Yield
**Minimum Share Savings Balance is $5.00. Money Market Account balances less than $2,500.00 earn no dividends.
We may impose a penalty if you withdraw funds from your account before the maturity date.
a. Amount of Penalty. For all accounts, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows:
Terms of less than 1 year: half the term's dividends
Terms of 1 year and 2 year: 180 days’ dividends
Terms of 3 year or greater: 360 days’ dividends
b. How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
c. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
(i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
(ii) Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after the establishment of the account; or where the account is a Keogh Plan (Keogh), provided that the depositor forfeits an amount at least equal to the simple dividends earned in the amount withdrawn; or where the account is an IRA or Keogh and the owner attains age 59½ or becomes disabled.
This calculator will compute the future value of your certificate of deposit.
Instructions: Enter the first four terms, then click the 'Compute' button.
*This calculator is solely intended to provide general estimates, not final or binding future value or interest totals.
For occasional updates to your inbox, click to sign up
Routing Number: 211288996
For our members’ convenience, links are available in this website to allow quick access to other sites that may be of interest. Clicking on a third party link will take you out of Downeast Credit Union’s website to an alternative website not operated by DECU. The Credit Union is not responsible for the content of the third party website and does not represent either the third party website or the member if you enter into a transaction. Privacy and security policies of the website to which you are linking may differ from those practiced by DECU.