Share Certificates

Share Certificates (CD)

Southwest offers Share Certificates (CDs) with several rates and time options. All of our CDs are protected by the federal government (NCUA) up to $250,000.00 per account. Please check our rate sheet for current rates.

 

Share Certificate Accounts and IRA Certificate Accounts
Balance Requirement		6 Months	12 Months	24 Months	36 Months	60 Months
$1,000.00-$49,999.99	Stated rate	2.90%	3.20%	3.10%	2.90%	2.70%
	APY*	2.94%	3.25%	3.14%	2.94%	2.73%
$50,000.00-$99,999.99	Stated rate	3.10%	3.40%	3.30%	3.10%	2.90%
	APY*	3.14%	3.45%	3.35%	3.14%	2.94%
$100,000.00 and higher	Stated rate	3.30%	3.60%	3.50%	3.30%	3.10%
	APY*	3.35%	3.66%	3.56%	3.35%	3.14%
Early withdrawal penalty: number of days of interest lost		90 days	120 days	180 days	180 days	180 days

Effective:  Dec. 18, 2024

All rates are declared by the Board of Directors of Southwest Oklahoma Federal Credit Union and are subject to change at any time.

IRA Certificate Accounts are not available on terms of 91 Days and 6 Months.

*The Annual Percentage Yield (APY) assumes that the principal balance will remain on deposit until maturity.  An early withdrawal of the principal balance will reduce earnings.