Share Certificates
Share Certificates are a safe and convenient way to earn higher dividends on your deposits for a specific locked term. We offer many different share certificates with terms ranging from 91 days through 5 years. From time to time we also offer “special term” certificates and rates.
- Minimum balances as low as $500
- Dividends are calculated daily and paid quarterly
- Lock into a rate for a guaranteed return
- Insured by the NCUA up to $250,000
| Share Certificate Rates | |||
| Effective Date: 1/6/2020 | |||
| Account Type | APR* | APY** | Minimum Balance |
| 91 Day Certificate | 0.15% | 0.15% | $2,500.00 |
| 6 Month Certificate | 0.25% | 0.25% | $2,500.00 |
| 12 Month Certificate | 1.00% | 1.00% | $500.00 |
| 18 Month Certificate | 1.00% | 1.00% | $500.00 |
| 24 Month Certificate | 1.25% | 1.26% | $500.00 |
| 36 Month Certificate | 1.60% | 1.61% | $500.00 |
| 48 Month Certificate | 1.80% | 1.81% | $500.00 |
| 60 Month Certificate | 1.90% | 1.91% | $500.00 |
| 1 Year IRA Certificate | 1.00% | 1.00% | $1,000.00 |
| 3 Year IRA Certificate | 1.50% | 1.51% | $1,000.00 |
| 5 Year IRA Certificate | 1.60% | 1.61% | $1,000.00 |
| *APR = Annual Percentage Rate **APY = Annual Percentage Yield Share Certificate dividends are paid quarterly. Share Certificate early withdrawal penalty: less than 6 months Share Certificates = loss of 90 days dividends, 6 – 12 month Share Certificates = loss of 120 days dividends, 12-36 month Share Certificates = loss of 210 days dividends, and 36 months or more Share Certificates = loss of 240 days. Fees may reduce earnings | |||
| Share Certificate Type | Minimum Deposit | Penalty | Options |
|---|---|---|---|
| 91 Day Non-Compounded | $2,500.00 | 90 Days | Dividends transferred to share account |
| 6 month Non-Compounded | $2,500.00 | 120 Days | Dividends transferred to share account |
| 12 month Non-Compounded or Compounded Quarterly | $500.00 | 210 Days | Non-Compounded monthly or Compounded posted quarterly |
| 18 month Non-Compounded or Compounded Quarterly | $500.00 | 210 Days | Non-Compounded monthly or Compounded posted quarterly |
| 24 month Non-Compounded or Compounded Quarterly | $500.00 | 210 Days | Non-Compounded monthly or Compounded posted quarterly |
| 36 month Non-Compounded or Compounded Quarterly | $500.00 | 240 Days | Non-Compounded monthly or Compounded posted quarterly |
| 48 month Compounded Quarterly | $500.00 | 240 Days | Compounded posted quarterly |
| 60 month Non-Compounded or Compounded Quarterly | $500.00 | 240 Days | Non-Compounded monthly or Compounded posted quarterly |