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Share Certificates

* APY = Annual Percentage Yield. Dividends are paid from current income and available earnings, after required transfers to reserves, at the end of the dividend period. All deposit rates and terms are subject to change without notice.

Click here for rates.

Click here to open a Share Certificate.

 

Youth Share Certificate

Youth ages 18 and under can now open share certificates with as little as $100.

Click here for current rate information.
Click here to open a Youth Share Certificate.

Step-Up Share Certificates

Unlike a traditional certificate where your rate is fixed for the term of the certificate, a Step-Up Share Certificate allows you to step up your rate without changing your term, meaning you can take advantage of higher rates. We currently offer 2, 3, 4, and 5 year Step-Up Certificates. You can step up your rate once during the term of a 2, 3 or 4 year Step-Up Share Certificate and twice during the term of a 5 year Step-Up Share Certificate.

Need more information? Call a representative at 800.328.1500.

Maturity/Renewal:
The Credit Union will notify the owner at least 20 days prior to maturity. Certificates will automatically renew for the same term unless member informs the credit union otherwise. The certificate will renew at the current rate being offered at the time of maturity. The member has a grace period of ten (10) days after maturity in which to change the term or withdraw funds from the account without being charged an early withdrawal penalty.

Early Withdrawal Penalty:
If certificate funds other than dividends are withdrawn prior to maturity, a penalty will be assessed as follows:

  • Terms of twelve (12) months or less will be penalized ninety (90) days’ dividends
  • Terms of thirteen (13) months or more will be penalized one hundred and eighty (180) days’ dividends

The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.