Ideometry
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We offer bulk sales and flow arrangements which can be made upon request.
We offer bulk sales and flow arrangements which can be made upon request.
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Our high standards mean our loan packages are built on a solid borrower base. We perform quality control on every loan we sell.
Our high standards mean our loan packages are built on a solid borrower base. We perform quality control on every loan we sell.
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Our loans offer a strong yield, bringing a stable cash flow to your balance sheet.
Our loans offer a strong yield, bringing a stable cash flow to your balance sheet.
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Yes. Quorum Term Accounts are insured by the National Credit Union Administration (NCUA) up to $250,000. Just like the FDIC does with banks, the NCUA is backed by the full faith and credit of the US government.
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What's the difference between a term account and a Certificate of Deposit (CD)?
"Term Accounts" and "Certificate of Deposit" refer to the same thing - they're both deposit accounts with fixed rates and terms ranging from one month to a few years. Generally, credit unions refer to them as "Term Accounts" while banks call them "CDs."
What happens if I withdraw my money before the end of the term?
Your funds are free to withdraw at maturity. If you need them sooner, you can usually withdraw part of the money. However, a penalty fee will be imposed if you do this. In order to maximize your dividends and avoid penalty fees, we discourage early withdrawals from term accounts.
Why should I choose a term account over a regular savings account?
In a term account, since the funds are locked in for the term, you'll generally get a higher rate than you would with a liquid savings account.
Term savings accounts are deposit accounts with fixed rates and terms, ranging from one month to a few years. Term Accounts are limited to one deposit transaction for the entire duration of the term. These accounts are an extremely safe investment and are therefore very appealing to more conservative savers.
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