Certificate OfferingsVeritas Federal Credit Union believes in making your money work for you. We offer certificate of deposits in a variety of terms and at very competitive rates. Even better, with low minimums deposits, your investment goals are closer than you know!
Click here for our Certificate of Deposit rates
Maximize Your Earnings CD StrategyLaddering your certificates is an excellent way to ensure you earn the best rates possible. It allows you to control the terms while getting the liquid availability you want. For example, instead of opening one 5-year certificate for $25,000, open five certificates for $5,000 each for the following terms:
So why ladder? Because you will always have 20% of your certificate savings available each year, and when you renew each maturing certificate into a 5-year certificate, you will be earning a higher rate than if you had simply continued with another 12- or 24-month certificate (laddering is not limited to the 12-month through 5-year example above). The strategy works to your advantage because after a few of your certificates mature and are renewed into another 5-year certificate, you will be earning the highest rate and have a 5-year certificate maturing every year.
The same idea can be applied to shorter and longer-term examples. And it's really up to you how you want to save and use your funds. Laddering can provide you with a more steady and stable source of savings than a single-certificate investment. The best part is, you can always add funds to your certificate at maturity and watch your savings grow! Call our Member Service Representatives at (855)-663-8328 to put your certificate investments to work!
Veritas Federal Credit Union
One Nissan Way
Franklin, TN 37067
PO Box 2659
Smyrna, TN 37167
Main Phone: (615) 786-0452
Member Service: (855) 663-8328
Routing Number: 064182605
VFCU NMLS #409723
Am I Eligible?
- Share Accounts
- ATM/Debit Cards
- Audio Response
- Stop Pay Requests
- Wire Transfers
- Direct Deposit
- Convenience Services
Your Savings Federally insured to at least $250,000 and backed
by the full faith and credit of the United States Government.
National Credit Union Administration, a U.S. Govt. Agency.
We do business in accordance with the Federal Fair
Housing Law and the Equal Credit Opportunity Act.