Rosedale Federal offers a variety of CDs.
The table below is designed to help you compare CD types and terms and give you the information you need,
including applicable interest rates, to decide what works best for you.
Check out our Financial Education Center to learn more about saving for your future.
All interest rates and APYs stated are accurate as of ,
|Term||Minimum Deposit to Open||Minimum Balance to Obtain Annual Percentage Yield||Interest Rate||APY|
|24 Months - Bump Up||$10,000||$10,000||0.300%||0.30%|
|36 Months - Bump Up||$10,000||$10,000||0.349%||0.35%|
|48 Months - Bump Up||$10,000||$10,000||0.399%||0.40%|
|60 Months - Bump Up||$10,000||$10,000||0.449%||0.45%|
We may impose a penalty if you withdraw any of the principal balance before the maturity date. The penalty imposed will equal 90 days' interest for terms less than or equal to 12 months and 180 days' interest for terms greater than 12 months. A minimum of seven (7) days' interest will be charged on any amount withdrawn within six (6) days after the account is opened or after a previous withdrawal. The remaining balance of an account will no longer earn interest if a withdrawal reduces the account balance below the required minimum balance disclosed.
These are fixed rate accounts, except for Bump-Up CDs. You will be paid this rate until maturity. The APY assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest credited to your account may be withdrawn prior to maturity without penalty. Fees could reduce earnings on the account.
Bump-Up CDs are variable rate accounts. Interest rates and APY may change after the account is open due to a Bump-Up feature. Bump-Up CDs allow you to adjust the interest rate one time during the term of your certificate. The new interest rate paid will be the rate in effect for your term's Bump-Up CD on the date you exercise the option and will be paid until maturity. If the Bump-Up CD term is no longer offered, the new interest rate will be the interest rate offered for a comparable certificate product. Exercising the Bump-Up feature does not affect the term or maturity date of your certificate. The APY assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest credited to your account may be withdrawn prior to maturity without penalty.
After the account is open, you may not make deposits into your account.
Rosedale Federal offers deposit accounts to residents in the Maryland communities that our branches serve. Rosedale Federal reserves the right to decline a request for a deposit account or for a deposit.