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: 3/25/2021 | |||
Account Type | APR* | APY** | Minimum Balance |
91 Day Certificate | 0.05% | 0.05% | $2,500.00 |
6 Month Certificate | 0.10% | 0.10% | $2,500.00 |
**9 Month Certificate | 0.75% | 0.75% | $2,500.00 |
12 Month Certificate | 0.15% | 0.15% | $500.00 |
** 17 Month Certificate | 1.75% | 1.76% | $2,500.00 |
18 Month Certificate | 0.20% | 0.20% | $500.00 |
24 Month Certificate | 0.25% | 0.25% | $500.00 |
** 27 Month Certificate | 2.25% | 2.27% | $2,500.00 |
36 Month Certificate | 0.30% | 0.30% | $500.00 |
48 Month Certificate | 0.40% | 0.40% | $500.00 |
60 Month Certificate | 0.50% | 0.50% | $500.00 |
1 Year IRA Certificate | 0.15% | 0.15% | $500.00 |
3 Year IRA Certificate | 0.30% | 0.30% | $500.00 |
5 Year IRA Certificate | 0.50% | 0.50% | $500.00 |
*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 |