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Click here to see today's Special Certificate Offerings.
Southwest Corporate offers bullet and structured share certificates of $100,000 or more with yields 10-25 basis points higher than comparable agencies and securities. Some of the benefits members receive are:
- Higher rates, better structuring flexibility, better fit to credit union’s needs
- Fixed rate bullets with rates tiered by size of investment
- Floating rate bullets tied to LIBOR, Fed Funds or Treasury
- Reverse inquires on structured certificates starting at $5 million compared to $25 million of most agencies
- Structured certificates with multiple options plus reverse inquiries meet any need
Credit unions can select among a number of the features to meet their liquidity and investment needs:
- Fixed rate certificate tiers of $100,000 to $1million, $1 to $5 million and over $5 million
- Floating certificates that offer little price and interest rate risk
- Multiple options on structured certificates:
- Callable
- Putable
- Step Up
- Step Down
- Amortized
- Level Pay Down
- Reverse inquiries – credit union determines the structure it needs, SCFCU creates the instrument to match
Southwest Corporate’s investment team continually surveys the market looking for the best opportunities for credit unions. The strength of the certificate program lies in its competitive pricing, flexibility – and customization – to meet specific liquidity and investment goals.
To put this service to work for your credit union, email a certificate specialist or call 800.442.5763.
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