Exclusive to SchoolsFirst FCU, this share certificate is available to school employee Members whose district participates in our 457(b) Deferred Compensation Plan.

The 457(b) Deferred Compensation plan was developed by the IRS for state employees, which includes schools. Contributions to the plan are made pre-tax, and taken directly from your paycheck through payroll deduction. You do not pay income tax on the amount you contribute, or on any subsequent dividends earned, until the funds are withdrawn.

There are many investment options within the 457(b), but the share certificate is exclusive to SchoolsFirst FCU.

To establish your 457(b) Deferred Compensation Plan, contact Member Retirement Services at 714.258.4000, extension 4727, or 800.462.8328, extension 4727.

Deferred Compensation Certificates offer fixed rates, and are federally insured by the NCUA.

(Restricted by law to school employees)

Term	Minimum Monthly Deposit	Dividend Rate	APY
12 Month Term	$50, payroll deposit only	2.47%	2.50%
36 Month Term	$50, payroll deposit only	3.20%	3.25%
60 Month Term	$50, payroll deposit only	3.92%	4.00%