Frequently Asked Questions

Dividends start to accrue on the date the  account is funded.

The date that is displayed is the estimated delivery date of the check, not the date the payment is sent from your account.

At  maturity, Share Certificates (CD) will rollover into the same term at the  current rate being offered, unless Direct Federal is notified prior to  maturity or during the 7-day grace period.

Funds cannot be added to an existing CD Share Certificate.

CD dividends are compounded daily and posted monthly.

Monthly dividends are available for withdrawal without penalty.

Rates vary based on your creditworthiness. The rate can vary monthly and is based on the Prime rate published in The Wall Street Journal.

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