• Invest in your future
  • If Rates Go up  boost yours! Introducing our new CD Boost
  • Invest in your future
  • If Rates Go up  boost yours! Introducing our new CD Boost

How to Open an Investment Account?

We Florida Financial has investment account options for new investors or seasoned veterans looking to diversify their portfolios. Members can open an investment account in four ways, Money Market, High Yield Investment, High Yield Accumulation, and Certificate Accounts.

Each investment account type has its distinct features and benefits to help your money grow. And with some of the most impressive rates in Florida, we top the list of credit union investment options. Below you can see why!

What Type of Account Should I Open?

Money Market Account

Perfect for those looking for liquidity and high yields in one safe investment. 

High Yield Investment

An excellent choice for Members with high initial investment potential.

High Yield Accumulation

For Members wanting a less initial commitment to building their portfolio.

Certificate Accounts

Ranging in term lengths, Certificates are a safe and sturdy way to grow your money.

If Rates Go Up - Boost Yours!

Introducing our new CD Boost.

INVESTMENT CHART

Investment Accounts
Minimum to Open
Minimum Balance
Dividend Rate
APY1
High Yield Accumulation Account
$0
$1.00
0.45%
0.45%
Business or Personal Money Market Account
$2,500.00
$2,500.00
0.30%
0.30%
High Yield Investment Account
$10,000.00
$2,500.00
0.40%
0.40%

Rates effective 08/08/2022. 

Term
Minimum
to Open

Minimum Balance

Interest Rate
APY2
6 months
$500.00
$500.00
2.00%
2.01%
6 months Business
$500.00
$500.00
2.00%
2.01%
9 months
$500.00
$500.00
2.00%
2.01%
9 months Business
$500.00
$500.00
2.00%
2.01%
1 year
$500.00
$500.00
2.00%
2.01%
1 year Business
$500.00
$500.00
2.00%
2.01%
1.5 years
$500.00
$500.00
3.25%
3.29%
1.5 years Business
$500.00
$500.00
3.25%
3.29%
2 years CD Boost
$500.00
$500.00
2.75%
2.78%
2.5 years
$500.00
$500.00
3.25%
3.29%
2.5 years Business
$500.00
$500.00
3.25%
3.29%
3 year CD Boost
$500.00
$500.00
3.00%
3.04%
5 years
$500.00
$500.00
3.25%
3.29%
5 years Business
$500.00
$500.00
3.25%
3.29%

 

For more information, please see our Investment page. Please contact a Credit Union employee or call us for further information about applicable fees and terms. 

Additional funds can be added to your Certificate Account at a minimum of $250 per increase. 

Federally insured by NCUA

2APY (Annual Percentage Yield) is the actual effective annual yield after the compounding of interest/dividends.

Minimum Balance to Maintain Stated APY

Rates and yields are subject to change without notice.  Some accounts require a specific minimum balance to earn the stated APY.  A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. No broker or institutional deposits will be accepted. 

Rates effective 09/12/2022.

See Truth-In-Savings Account Disclosure - Certificates of Deposit applicable to Certificate of Deposit accounts. The disclosures below refer only to Money Market, High Yield Investment, and High Yield Accumulation accounts unless indicated otherwise.

Please contact a Credit Union employee or call us for further information about applicable fees and terms.

1APY (Annual Percentage Yield) is the actual effective annual yield after the compounding of interest/dividends.

Minimum Balance to Earn Stated APY

Rates are subject to change without notice.  Some accounts require a specific minimum balance to earn interest.  Fees could reduce the earnings on an account.

Rate Information: The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of dividends or earnings to be paid on an account based on the rate and frequency of compounding for an annual period. For Savings Products, the dividend rate and APY may change monthly as determined by the Credit Union's Board of Directors. 

Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

Compounding and Crediting: The compounding and crediting of dividends to each account type are set forth in this schedule. The dividend period is the period at the end of which an account earns dividend credit. Generally, the period begins on the first calendar day of each month and ends on the last calendar day of the same month.  

Accrual: For Savings Products, dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. If you close your account before accrued earnings are credited, accrued earnings will not be paid.

Balance Information: The par value of a savings share in the credit union is $5. The minimum balance requirements applicable to each account type are set forth in this schedule. For Savings Products, there is a minimum average daily balance required to obtain the stated APY for the dividend period. If the minimum average daily balance is not met, you will not earn the stated APY. 

Account Limitations:  For emPower Checking, recurring direct deposits are required. Account will convert to Essential Checking when there are no recurring direct deposits. For High Yield Investment accounts, there can be only one (1) free withdrawal per month. Subsequent withdrawals are subject to a $25 fee. For High Yield Accumulation accounts, deposits must be made through ongoing, recurring automatic transfer only ($10 minimum). No partial balance withdrawals allowed, $25 fee if closed in the first twenty-four (24) months.

Let’s Invest in Each Other

Still have questions about We Florida Financial’s credit union investment options or other savings opportunities? Reach out to us by contacting us at Info@WeFloridaFinancial.com or 954-745-2400 (option 4).

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Open an Account!

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