We offer a variety of terms with great rates on Share Certificates!
Youth Share Certificates
Youth ages 18 and under can now open share certificates with as little as $100.
We currently offer 2, 3, 4, and 5 year Step-Up Youth 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.
This certificate will automatically renew for the same term, at the rate offered at the time of maturity; unless the account holder informs the credit union otherwise, or the certificate term is no longer offered. There is a grace period of ten (10) calendar days after maturity to change the term or withdraw the funds from the certificate 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If certificate funds other than dividends are withdrawn prior to maturity, a penalty will be assessed as follows: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.
t. 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.