Term Share Certificates
The credit union offers several options for investing funds for various lengths of time. Term share rates are adjusted each Tuesday, but are fixed for the term of the investment you purchase.
There is a 90 DAYS interest penalty for early withdrawal of term share funds.
| Terms for Accounts
|
Minimum Amount
|
Payment of Interest
|
Current ANNUAL PERCENTAGE YIELD
|
| 6 Month Money Market
|
$10,000
|
Paid Monthly not compounded
|
0.45%
|
| 5 Month
|
$500
|
Paid Quarterly
|
0.35%
|
| 6 Month
|
$500
|
Paid Quarterly
|
0.40%
|
| 9 Month
|
$1000
|
Paid Quarterly
|
0.50%
|
| 12 Month
|
$500
|
Paid Quarterly
|
0.60%
|
| 18 Month
|
$500
|
Paid Quarterly
|
0.70%
|
| 24 Month
|
$500
|
Paid Quarterly
|
0.80%
|
| 30 Month
|
$500
|
Paid Quarterly
|
1.00%
|
| 36 Month
|
$500
|
Paid Quarterly
|
1.16%
|
| 48 Month
|
$500
|
Paid Quarterly
|
1.26%
|
| 60 Month
|
$500
|
Paid Quarterly
|
1.61%
|
| LifeStyle - 8 Month
|
$1000
|
Paid Quarterly
|
0.50%
|
IRA Investment Opportunities
| IRA Traditional / Roth
|
Minimum Amount
|
Payment of Interest
|
Current ANNUAL PERCENTAGE YIELD
|
| 9 Month Term CD |
$500
|
Paid Quarterly
|
0.50%
|
| 18 Month Term CD
|
$500
|
Paid Quarterly
|
0.70%
|
| IRA Savings / No term
|
$5
|
Paid Quarterly
|
0.25%
|
|
|
|
|
|
|
|
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Rates accurate as of 05/09/2012. Rates change weekly, call for current rates. Special offer certifcates are also available.
You have the option on term share accounts of 12 months or longer to have dividends compounded, paid to a share account, or paid by check.
Christmas Clubs, Special Savings, and IRAs may be opened anytime during the year. However, there is a $5.00 charge for closing a christmas Club before maturity..
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