Share Certificates (CD)
Share Certificates allow members to save money by locking into higher dividend rates. In fact, certificates offer our highest dividend rates! All share certificates require a minimum deposit of $500.00 and the terms range from 6 - 36 months.
Key Benefits
- $500.00 minimum deposit
- Our best dividend rates
- 6 month CDs have a one-time add-on deposit option.
- Current and new 12, 24 and 36 month CDs have a one-time BUMP-UP option during certificate term, but no add-on deposits
- Watch for limited time special CD promotions
- 10 day grace period at maturity, then automatically rolls over into a new certificate at the current rate. Alternatively, the Member may choose to convert to a different term CD or transfer to another savings account, or withdraw the funds.
Note: If any CD is withdrawn before the maturity date (unless within the 10 day grace period prior to or following maturity date) there is a penalty of 3 months of dividends.
CD Rates as of 1 May 2011
| Term | APR | APY |
|---|---|---|
| 6 months | 1.25% | 1.25% |
| 12 months | 1.50% | 1.50% |
| 18 months | 1.50% | 1.50% |
| 24 months | 1.75% | 1.75% |
| 36 months | 1.99% | 2.00% |