Teachers pooling funds and supporting one another resulted in the formation of the original credit union that led to Achieva Credit Union. Savers use Certificates of Deposit, also called CDs, to grow their money with flexible rates and terms. 

A Certificate of Deposit is a financial product where the bank holds an amount of money deposited for a specific period of time in order to earn a certain amount in return. The details related to Achieva Credit Union CDs are as follows:

  • Time periods range from 6 months to 5 years
  • A minimum deposit of $500 to open
  • Interest can be transferred to an account that you choose or added to the principal
  • Earning the AYP on the CD requires that the interest stays on the account
  • Penalties apply to early withdrawal
  • Rates are subject to change

A 6-month CD with a $500 deposit will have an interest rate of 0.549% with an APY of 0.55%.

A 6-month CD with a $75,000 deposit will have an interest rate of 0.0648% and an APY of 0.65%.

A 12-month CD with a $500 deposit will have an interest rate of 0.896% and an APY of 0.90%.

A 12-month CD with a $75,000 deposit will have an interest rate of 0.995% and an APY of 1.00%.

An 18-month CD with a $500 deposit will have an interest rate of 0.946% with an APY of 0.95%.

An 18-month CD with a $75,000 deposit will have an interest rate of 1.045% and an APY of 1.05%.

A 24-month CD with a $500 deposit will have an interest rate of 1.045% with an APY of 1.05%.

A 24-month CD with a $75,000 deposit will have an interest rate of 1.144% and an APY of 1.15%.

A 30-month CD with a $500 deposit will have an interest rate of 1.094% with an APY of 1.10%.

A 30-month CD with a $75,000 deposit will have an interest rate of 1.193% and an APY of 1.20%.

A 36-month CD with a $500 deposit will have an interest rate of 1.243% with an APY of 1.25%.

A 36-month CD with a $75,000 deposit will have an interest rate of 1.342% and an APY of 1.35%.

A 48-month CD with a $500 deposit will have an interest rate of 1.342% with an APY of 1.35%.

A 48-month CD with a $75,000 deposit will have an interest rate of 1.440% and an APY of 1.45%.

A 60-month CD with a $500 deposit will have an interest rate of 1.539% with an APY of 1.55%.

A 60-month CD with a $75,000 deposit will have an interest rate of 1.638% and an APY of 1.65%.

Achieva Credit Union has over 160,000 members and 26 branches distributed through 15 counties in West Central Florida. This financial institution offers a full menu of products and services including home loans, credit cards, auto loans, long-term planning, and business financial solutions.