Certificate Accounts
DESCRIPTION

Our savings certificate has a fixed dividend rate with terms from 3 to 60 months. Check current CD rates.

GENERAL OPTIONS
  • Minimum opening balance is $500
  • Account rates are based on term and the dollar amount of the certificate
  • Minimum term is 3 months, maximum term is 60 months
  • Certificate: dividends are paid every quarter to the certificate
  • CDM Certificate: dividends can be paid monthly to the member’s savings or checking account rather than credited to the certificate
  • Account balances may be used towards a Certificate Secured Loan
  • Certificate automatically renews with same term unless the member makes other arrangements
  • Grace period to cancel the renewing Certificate or change the term without penalty is 10 calendar days
  • Early withdrawal penalty: 90 days of dividends on the full amount of the certificate
  • OPEN A NEW ACCOUNT