Town of Hempstead Employees Federal Credit Union


Certificate of Deposits (CDs) are a great way to earn higher yields on your deposits. Funds are placed on deposit for a specified term and a penalty is imposed for early withdrawal.

We currently offer:

  • 6, 12, 18, 24, 30 and 60* Month certificates
  • Minimum deposit of $1000
  • Dividends are compounded and paid monthly**
  • Fixed-rate for term certificate

*For the highest Annual Percentage Yield (APY) choose our 60-month certificate.

Flex Certificate

In response to member feedback, the Credit Union is very pleased to offer our members the “Flex Certificate”.

  • Minimum deposit of $1,000
  • Term – 36 months to 48 months
  • Dividends are compounded and paid monthly**
  • Fixed-rate for the term of the certificate

This gives you, the member, more control over your finances.

**Besides being left in the certificate to earn the full yield, on a monthly basis, without charge, dividends may be forwarded to the member or transferred to an additional account.

Certificate holders are notified at least 10 days prior to maturity as to what options are available. If no action is taken, the certificate will roll over into a like certificate at the current rate.

Current Rates