SimpliCD

Louisiana Corporate is among the only credit unions in America to offer SimpliCD (pronounced "simplicity"), the better way to buy certificates.  Many credit unions spend hours calling various banks and thrifts to inquire about rates or spend thousands of dollars each year for "express" rate software.  With SimpliCD, you can say goodbye to calling dozens of institutions, dealing with brokers, and to expensive computer programs. 
Now available:  an online comparison of how SimpliCD works!

It's very simple.  Louisiana Corporate provides you with the best rates from the nearly 1,000 insured institutions participating in the program.  You just pick the term and rate that matches your portfolio, and we'll do the rest.

Money is transferred (no wire fees to the credit union!) from your Louisiana Corporate account to purchase the certificate, which is safekept in your name.  We verify you don't already hold investments in that particular institution, too.  You'll receive a fax confirmation later in the day.

Each month, interest is transferred into your Corporate settlement account, eliminating the "float" interest loss you experience while waiting on interest checks.  Once again, there are no wire fees in depositing this interest.