San Jose, CA (PRWEB) October 10, 2004
Technology Credit Union (http://www.techcu.com) announced today a new Adjustable Rate Certificate Account designed to provide investors a high rate of return that fluctuates with rising rates.
"A Tech CU Adjustable Certificate Account is a safe and attractive investment instrument for Silicon Valley professionals who want to position their short-term investments in anticipation of a rising rate environment," said Ted Thames, First Vice President of Strategic Development. Tech CU's Adjustable Rate Certificate Account is available in 6-month and 12-month terms, each adjusting on the first day of the new quarter respectively to the 6-month and 12-month LIBOR indices. The Certificate is subject to change quarterly, but will never adjust below the quoted start rate.
The Certificate requires a minimum deposit of $10,000 in new deposit money, and will be available to existing and new Tech CU members for a limited time only. Other restrictions may apply.
For details about the Tech CU's Adjustable Rate Certificate Account, including rates and restrictions, visit http://www.techcu.com/cd or call Tech CU at 800-553-0880.
About Technology Credit Union
Technology Credit Union is a member-owned financial services company that provides banking, financing, mortgage, and investment services to 75,000 Silicon Valley professionals. With more than $1.1 billion in assets, six full-service financial centers (Fremont, Milpitas, Mountain View, San Jose, Santa Clara, Sunnyvale), online banking through its WebBranch, and access to more than 19,000 free CO-OP Network ATMs, Tech CU is one of the leading innovators in the credit union industry. For company, product, and membership information, visit http://www.techcu.com.
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