Save with Share Certificates of Deposit (CDs) through the Credit Union . If you are able to commit funds for a specified period of time, you can enjoy fixed interest rate, and insured savings.

Certificates have an established minimum investment amount and a predetermined maturity period. No additional deposits can be added to a Certificate after it has been opened and no partial withdrawal of principal is allowed without penalty. The interest rate is fixed for the duration of the Certificate and will not fluctuate. Interest is paid monthly and can be added to the Certificate or deposited to the account of your choice.

Terms: The credit union offers Certificates for 90 day, 6, 12, 18, 24, or 36 months. Approximately 30 days prior to maturity, the credit union will mail a notice to remind the member of the maturity date. Certificates will automatically renew into a new certificate for the same term at the then offered interest rate for that term unless the member specifically request that the principal and accumulated interest be transferred into another deposit account or withdrawn at maturity.

Minimum Deposit: The minimum deposit required for a 90 day, 6 month and 12 month certificate is $1,000.  The minimum deposit required for a 18, 24 and 36 month certificate is $2500.  Certificates for custodian accounts only require a $500 minimum deposit.
Certificates may be opened in any amount greater than the minimum.

Interest Rate: The available interest rates on Certificates are subject to change weekly. Rates are based on general market conditions. Interest is compounded and paid monthly.

Borrowing Privileges: Members may borrow money from the Credit Union at special interest rates by using their Share Certificate as collateral. This type of loan can be set up as either a term note with no payment due until the Certificate matures or as a monthly installment loan.

Early Redemption: Certificates may be redeemed prior to maturity; however, there are interest penalties for early withdrawals.  Accumulated interest may be withdrawn from the Certificate at any time without a penalty being imposed.