Thoughts and Riches

.....a blog about personal finance, motivational stories, deals, and special offers

Books

Web Domain Registration

Monday, February 16, 2009

Temporary respite for DCU members - early CD terminantion penalty waiver

Digital Federal Credit Union is temporarily waiving early withdrawal penalties on its Regular Certificates, and Jumbo Certificates. Although it is also waiving penalty temporarily on IRA Certificates, be aware that IRS taxes and penalties may apply for IRA Certificate Account withdrawals unless the funds are rolled into another IRA or qualified account. According to the DCU's Web site:

Certificate Early Withdrawal Penalties Temporarily Waived Includes Certificate Accounts and IRA Certificate Accounts

All DCU members are affected by the troubled economy in some way. Some may be in situations where they need to get to more of their savings. We want to help.

For a limited time, we are waiving early withdrawal dividend penalties on any existing Regular Certificate, Jumbo Certificate, and IRA Certificate. This includes both full and partial withdrawal.

posted by Ruby @ 3:47 PM

0 Comments:

Post a Comment

<< Home

See important Disclosure and Disclaimer

Favorite Quote

"If you look at what you have in life, you will always have more. If you look at what you do not have in life, you will never have enough".
- Author Unknown

Disclosure

This site uses cookies from companies like Google and others to enable the companies to deliver their services, personalize their ads and product offerings, and for traffic analysis. Information about your use of this site is shared with these companies. By using this site, you agree to its use of cookies. Additionally, this site, including blog posts, may contain reviews, links, banners, text and other forms of advertisements for products, services, courses, and so forth of companies of which we may be an affiliate member or for which we may get paid for referrals. This site may also contain blog posts for which we are paid, as well as blog posts regarding products or services of companies from which we may have received complimentary products or services.

Reward Surveys/Panels/Shopping/Contests