Share Certificates or Certificate Account
Share Certificates are higher earning dividend accounts invested for specific fixed terms. They are also insured and thus virtually a risk-free investment. (they are insured by the NCUA). It is intended that the Certificate be held until maturity, at which the certificate may be automatically renewed for another term or funds withdrawn together with the accrued interest.
- Minimum deposit of $1000
- Fixed terms of 6 months or 1 year
- Competitive fixed interest rate
- Option for automatic renewal
- Early withdrawals are subject to penalty