Certificates

Certificates

Certificate Features:

  • We only require a $500 minimum deposit to open a certificate.
  • To remain competitive, we survey rates each week.
  • Flexible terms are available from 6 to 60 months.
  • You have a 10-day grace period in which to cash in your certificate when it matures; otherwise, it will rollover to the same term at the prevailing rate.
  • Penalties for early withdrawal are also kinder at your credit union! There is a 90-day interest penalty only on the amount withdrawn, not on the entire certificate.

Do you prefer a paper application?

Fill out the Member Application Form and Member ID Form and either mail or fax it to us. 

Already a member? You can now open a Certificate through Online Banking. When you click "Accounts," you will see a button in the upper left-hand side of the window for "Open Accounts."

Click here to view current rates.

Terms

Minimum Deposit/Balance: $500.00

Terms: 6 Months, 12 Months, 18 Months, 24 Months, 36 Months, 48 Months, 60 Months and Special terms from time to time

Payment of Dividends: Redeposit into certificate account (Inquire about other options)

Payment Frequency: Quarterly (Inquire about other options)

Penalty: Penalty for early withdrawal is 90 days dividends on the amount withdrawn for a terms of 12 months and under, and the penalty for early withdrawal on terms over 12 months is 180 days. Penalties or applicable fees may reduce your earnings.

Rate: Will be established each week and published in the credit union office.

Automatic Renewal: The member has 10 days from date of maturity to withdraw the funds. No action by the member will result in the automatic renewal of the monies at the same term and prevailing rate. If the certificate is withdrawn within the 10 days, dividends paid will be calculated at the regular share rate.