Share Savings - Cyprus savings account dividends are declared, paid and compounded monthly. Your funds are available at any time and there are no penalties for withdrawals. A share savings account with a $25 minimum balance establishes your credit union membership. Rates

Certificate Accounts - A Certificate Account pays a higher interest rate than a savings account. Certificates are less liquid than a share savings account, meaning you must invest your money for a specific length of time: six months to five years. The longer the Certificates deposit time, the higher the interest rate. If you withdraw your money early, you pay a penalty. Cyprus Credit Union Certificates are federally insured to $100,000 by the NCUA. You can open a Certificate for $1,000 or more. Rates

Money Market Account - A money market account at Cyprus Credit Union is unique in that there is no minimum balance requirement, no monthly service charge and you can withdraw funds without penalty. Money market accounts also offer a higher rate of return than a share savings account. Dividends are declared, paid and compounded monthly. Rates

Dream CD - Rest easy knowing that saving money is now so simple. Open your Dream CD with just $1 and add any amount you choose while earning regular CD rates. Your deposits will be automatically transferred to your Dream CD every month or every paycheck. Rates

Ways to Fund the Dream CD

Automatically deposit into your Dream CD while making your monthly loan payment. For example, if your loan payment is $300, pay $350 with an automatic payment or payroll deduction. Every month we’ll put the extra amount in your Dream CD.

If you receive a raise or bonus from your employer invest your increase in a Dream CD.

Save for your children or grandchildren. A Dream CD is perfect for college funds, weddings, down payment on a home, etc.

If you usually receive a tax refund you can adjust your W-4 withholdings to take out less each paycheck. You can then invest the difference in a Dream CD at a great interest rate rather than paying the government and receiving zero interest.

Fund an initial Dream CD deposit with part of your tax refund. If you Direct Deposit your Federal tax refund, you can split it into as many as 3 different accounts. Use IRA Form 8888. You will need our Routing Number (3243 77 202) and your account number.