Our HSA Certificates of Deposit (CDs) are a special type of account which earns a fixed rate of interest over the entire period of the investment. The principal for the account is deposited when the HSA CD is established. The minimum deposit for a CD is $1,000 per certificate.

DCECU offers HSA certificates in the following term lengths:

• 12 month
• 24 month
• 36 month
• 48 month

Interest on HSA CDs is accrued daily and compounded or paid monthly. Invested principal, or interest earned, once compounded, may not be withdrawn from HSA CD accounts prior to the maturity of the term. If an early withdrawal must be made, the entire balance must be withdrawn and an early withdrawal penalty may be assessed. Early withdrawal penalties include forfeiture of a set number of days interest on the entire principal balance as determined by the term length of the certificate as follows:

Early Withdrawal Penalty

Term	Penalty (interest)
12 month	60 days
24 month	120 days
36 month	180 days
48 month	240 days

No early withdrawal penalty will be assessed if the principal is withdrawn due to the death of an owner of the certificate.

Opening an HSA CD can be initiated via any of the following methods:

• Call our Member Contact Center at (989) 835-7794 or (800) 835-7794 Monday through Friday between 7:00 a.m. and 6:00 p.m. ET.
• Visit our Account Services Department Monday through Friday between 7:30 a.m. and 5:30 p.m. ET

If you have any further comments or questions, please call our Member Contact Center at (989) 835-7794 or (800) 835-7794.

Additional restrictions apply to HSA certificates. Please refer to your HSA disclosures for important information.

This information is not intended as tax advice. Please consult a tax professional regarding your specific circumstances.