Redstone CD Rates

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Redstone Federal Credit Union is founded in the community, where authorities believe in giving back in ways that support our community and its citizens daily.

Some of the actions include Redstone’s Acts of Brightness in which our employees go out into the community and perform random acts of kindness to our neighbors. These actions can include paying a utility bill, purchasing groceries or back-to-school supplies, and other helpful random acts. Other than this, a Certificate of deposit also has vital importance.

To explain the detailed perspective, here is the quick CD rates overview stated below;

Redstone CD Rates Offers

The most authentic & credible offers are;

Jumbo Share Certificate

·         Term: 6-Month Jumbo Share Certificate

·         Minimum Opening Balance: $100,000

·         Minimum Balance to Earn Dividends: $100,000

·         Impressive 5.28% APY

Consideration: Consider the features and your financial goals to make the most of this high-yield opportunity.

Pros & Cons

Are Redstone CD Rates Competitive?

The 5.28% Annual Percentage Yield offered by the 6-Month Jumbo Share Certificate appears highly competitive in the current financial landscape. A key significance lies in the fact that this rate surpasses many traditional savings accounts and standard Certificate of Deposit offerings, providing investors with a more attractive return on their investment.

In an environment where interest rates vary, a 5.28% APY stands out as a noteworthy option, potentially outpacing inflation and optimizing the growth of deposited funds.

The significance of competitiveness in CD rates lies in attracting and retaining investors, offering them an opportunity to secure higher returns compared to other low-risk investment alternatives. This not only attracts new funds but also ensures customer loyalty, reinforcing the financial institution’s reputation in the market.

Overview Redstone

Redstone Bank strives to hire compassionate employees and allow them to serve in our community with hours of volunteer work per year. Our Letters to Santa initiatives have helped raise tens of thousands of dollars for local support to buy and distribute Christmas gifts for less fortunate children around the holidays.

Finally, as a credit union, our goal is to help our members and community attain financial security. Financial security requires knowledge and Redstone can help with that! We offer financial advisors who will help you every step of the way from opening your first checking account to opening an IRA and other investment accounts to prepare for your children’s education and retirement. 

Consider us a long-term partner in helping you succeed and grow accounts worry-free. Stop into one of our branches, call in, or use mobile banking to check in once in a while and see what else we can do for you.

Eligibility:

Join Redstone Federal Credit Union and we can help you make a checking or savings account and open your certificate of deposit. You can visit our branches, work with us over the phone, or start online.

Locations Redstone

Redstone has 27 branches throughout the Tennessee Valley in addition to thousands of free ATMs. Our locations are primarily located in Huntsville, Tennessee though we have many in surrounding cities.

Frequently Asked Questions