Share Certificates

Share Certificates are available with different terms of maturity, specifically 6-, 12-, 18-, 30-, or 60-months. The minimum amount necessary to invest in Credit Union certificates is $500. They are purchased at the dividend rate quoted for a given day, and the rate remains fixed until the certificate matures. The certificate automatically renews at maturity at  the rate then in effect, unless the Credit Union is advised differently. The Credit Union allows the owner 7 days after the maturity date to add additional funds, to withdraw from available funds, or to redeem the certificate, without incurring a penalty.

Dividends earned can be: left in the certificate to compound; transferred to one of your share type accounts; or, received by check as a monthly dividend payment. Dividends will be mailed to the last known address on your account.