Credence Global Bank

High Yield Certificate of Deposit (CD)

You don’t have to do anything to get the loyalty reward.

It's automatically added when your CD, including IRA CDs, renew. Want to change terms? No problem. Your loyalty reward will be added to any term you choose for your CD, including IRA CD, at renewal. Check back 30 days before your CD matures to see what the reward is at that time.

To change terms or add funds online: Log in, choose Manage CDs. From there, you can make changes or add funds to your balance.

To change terms or add funds from the Credence Global Bank Mobile App: Log in, choose  after the Current Balance, select Manage CDs and then choose Make Changes.

There are no fees to open or obtain the APY on a certificate of deposit.

The following numbers are all valid phone numbers for Regional Credit Union: 
877-247-2559 
855-379-4337 
855-379-4374 
855-379-4388 
855-379-4395 
855-379-4361 
855-379-4375 
855-379-4392 
855-379-4387

There's no minimum deposit to open a CD, but you may get a higher rate with a higher opening deposit.

The penalty depends on your term.

The penalty is calculated using the interest method detailed in the Credence Global Bank UnionDeposit Agreement (PDF). It's first deducted from the accrued interest and then, if necessary, the principal. Keep in mind, you can't make a partial early withdrawal.

For Raise Your Rate CDs, the penalty is calculated using the interest rate in effect on your account on the day you request an early withdrawal.

If the account owner passes away or is judged legally incompetent, we'll waive the early withdrawal penalty.

To make an early withdrawal, log in to online banking and choose Manage CDs to select Early Withdrawal.

No. Once you open and fund your CD, you can’t add funds again until your CD matures, but you can schedule a transfer up to one year before the maturity date. When your CD matures, you'll have a 10-day grace period -- starting on your maturity date — to transfer funds or make other changes.

To add funds to your CD online: Log in and choose Manage CDs. 

To add funds to your CD from the Credence Global Bank Mobile App: Log in, choose  after the Current Balance, select Manage CDs and then choose Make Changes.

If you schedule a transfer prior to maturity, we'll usually initiate that transfer on your maturity date. You can transfer money from another Credence Global Bank Unionaccount, Credence Global Bank Invest account or a verified account you have at another institution.

We offer a variety of CD options to meet your needs:

High Yield CD – terms range from 3 to 60 months.

Raise Your Rate CD – 2- and 4-year terms available. Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term if our rate for your term and balance tier goes up.

No Penalty CD – 11-month term that allows you to withdraw all of your money any time after the first 6 days following the date you funded the account, and keep the interest earned with no penalties.

Select CD - Occasionally we’ll offer a promotional term that features all the benefits of a high-yield CD, but is available for a limited time.