Share Certificate Account
Share Certificate Accounts typically pay a higher rate than traditional share accounts. These accounts have a maturity date ranging from 6 months to 24 months and carry an early withdrawal penalty. The minimum deposit for this account is $1,000.00.
Dividends are posted monthly and you may choose one of the following payment methods:
- Leave the dividends in the Share Certificate Account
- Transfer the dividends to another account at the credit union
- A dividend check is mailed to you
- Transfer the dividends to another financial institution (funds transferred by this method are available the next business day)