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Term Deposits: What Savvy Investors Know

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You probably already know that term deposits are low risk. They also offer higher dividend rates than traditional savings accounts (yes!) and a reliable fixed return (double yes!). But Mountain America Credit Union wants you know about a few more benefits worth getting excited about.


What is a term deposit?
In a nutshell, a term deposit is a savings product that lets you choose how much you want to invest and for how long—typically anywhere from six months to five years. That’s it. Then, you just watch it grow! The best thing? Your dividend rate doesn’t change during the term of the investment, no matter what happens in the market.


Check out these additional benefits:


Save like YOU want to save
With so many term options, you can certainly find the right timeframe for your needs. Just came into an unexpected inheritance? Put it in a 6-month account and let it grow while you decide what to do with it. Want to save for something specific down the road—like a home or higher education? Maybe the 5-year option works best for you.


Whatever you need, there’s a term deposit for you.*


Start saving NOW
Between errands, work deadlines, dinner with friends, soccer games and dentist appointments, it’s tough to fit in anything else! Luckily for you, you don’t have to get to a branch to open a term deposit. Mountain America lets you set one up through our online banking site. No need to take more time out of your day. Not only is this automatic savings option easy to set up, it also requires very little effort to manage.


Not a member? Apply here.



*Early-withdrawal penalties may apply. Accounts can be opened in terms from 6 months to 5 years. Membership required—based on eligibility. Federally insured by NCUA.

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