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10-Month Flex CD

Earn 5.25% APY*

10-Month Flex CD

Earn 5.25% APY*

We like flexibility.

Looking for a place to park your savings without the long-term commitment? DFCU's flexible 10-month high-yield Certificate (CD) offers you the attractive rate you're looking to obtain with an enjoyable touch of flexibility! IRA option available.

Explore our NEW Flex CD

No DFCU Penalty ― One-time Withdrawal

up to 50% of balance*

Unlimited Deposits

of $1,000 or more

Start with $2,000

Minimum ― Money currently in a DFCU account not eligible

Interested in a Flex CD?

Simply provide your name and phone number and we’ll give you a call.

Call Request Form - Mobile

Or call us at 562.862.8141

Flex CD Calculator

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Ready to open a Flex CD?

If you are already a DFCU member, you can begin the process online. You can also call 562.862.8141 or email to open this account.

If you aren't a DFCU member yet, visit our Branch to open this account.

*APY=Annual Percentage Yield. Membership at Downey Federal Credit Union is required. Must be new money deposited from another financial institution. Existing DFCU funds not applicable. 5.25% APY is available to those with an open Shield Elite Checking Account and have a membership in good standing. If no Shield Elite Checking Account is open, the APY defaults to 4.75% APY. $2,000 minimum opening amount with no maximum deposit amount. All deposits must be in increments of a minimum of $1,000. The Flex CD or Flex IRA are for a 10-month term. Once matured, it will automatically renew to the 10-month CD or IRA APY at the time of renewal. Rates are subject to change at any time without notice. Dividends are compounded daily and paid quarterly on average balance. After seven calendar days of opening, the Flex CD and Flex IRA allows for a one-time withdrawal of up to 50% of the current certificate balance or IRA balance with no DFCU penalties. Early IRA withdrawal penalties are subject to any IRS penalties as disclosed in the appropriate Credit Union IRA Custodial Agreement. All IRA deposit and withdrawal IRS limitations apply. Consult with a tax specialist for any IRA withdrawals IRS penalties. Any additional withdrawals (partial/full) or closing of the Flex certificate or Flex IRA before the 10-month end date will result in penalties. Fees may reduce earnings. Please refer to DFCU's Truth-In-Savings Disclosures for more information. Dividends will not be earned if the certificate or IRA is closed before the dividends are credited by the ending date of each month. This offer excludes IRA Share accounts. All credit union programs, rates, terms, and conditions are subject to change without notice. Offer subject to expire at any time and subject to change without notice. Cannot be combined with any other offers.
  • No monthly service charges
  • One-time no penalty withdrawal of up to 50% of the current balance. Any additional withdrawals before the end of the term will result in a 90-day dividend penalty on all certificates or IRAs.