Corporate Central offers several investment options with terms to meet your needs. On most occasions, we can customize or create a certificate to meet your credit union's specific needs.

Certificates of Deposit

Certificates of Deposit (CDs) are available daily with terms ranging from 30-days to five-years. Dividends can be paid monthly, at maturity or semi-annually.

CD Specials

From time-to-time, we will make CD Specials available with particularly attractive terms and yields given the market conditions.

Amortizing Certificate Programs

Amortizing Certificate Programs (ACP) are fixed-rate amortizing certificates that offer yields competitive with mortgage-backed securities. ACP investments limit extension and market risk that is associated with mortgage-backed products.

Callable Certificates

Callable Certificates get their name because Corporate Central has the option to "call" or pay back certificates prior to maturity, according to a schedule that is predetermined and disclosed up front. These investments often yield higher than regular certificates with the same maturity.

Floating Rate Certificates

Floating Rate Certificates float at a fixed spread to a predetermined interest rate index, at regular intervals on a predetermined schedule. Common interest rate indexes offered by Corporate Central include but are not limited to: Federal Funds Effective Rate, Prime Lending Rate, one-month and three-month LIBOR (London Inter-Bank Offering Rate). These certificates may include interest rate caps, which may limit the increase in its rate for a single interval or include a lifetime interest rate cap. All terms are disclosed prior to settlement.

Step-Up Certificates

Step-Up Certificates offer a fixed-rate for a predetermined period of time. Once that period of time expires, the certificate is either called or it steps-up to a higher pre-determined rate.

Certificate Rates and Calculations:

Dividend Rate: Dividend rates are declared by approximately 3:00pm CT each business day. The rate for a non-business day is the same as the previous business day.

Dividend Payment: Dividends are paid and posted on the last business day of the month.

Dividend Calculations: Dividends are calculated on an actual (365-day) basis.

Please contact our Investment Department to learn more about Certificates.


Important Links

Contact Details

    6262 South Lowell Place, Muskego, WI 53150
    (800) 242-4747
    (414) 427-3700