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 Share Certificates
To earn the highest dividends for your investment dollar, a share certificate account is offered in 5 different terms. Have the dividends earned on the share certificate added back to the principal each dividend period for the highest yield. Or, if you prefer have your dividend check mailed or transferred to another account each dividend period. Share certificates automatically renew and you have ten (10) days after the maturity date to decide to renew the certificate at the credit union's current rates. SEE THE RATE AND FEE SCHEDULE FOR FULL DETAILS.
*90 day /minimum deposit $1,000
*6 month/minimum deposit $500
*1 year /minimum deposit $500
*2 year /minimum deposit $500
*3 year /minimum deposit $500
The Board of Directors sets dividends. They are calculated on the average daily balance. Dividends are compounded and paid monthly on all certificates except the 90 day. On the 90 day certificate dividends are accrued monthly but paid quarterly.
The Annual Percentage Yield is based on an assumption that dividends will remain in the account until maturity. An early withdrawal will reduce earnings and effect the APY.
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