Certificates of Deposit
As a member you may choose between a number of Certificates of Deposit with a variation of terms, depending on your specific needs. We currently offer 6, 12, 18, 24, 30, and 60 month certificates with a minimum deposit of $1000.00. For the highest Annual Percentage Yield (APY) choose our 60 month certificate.
In response to member feedback, the Credit Union is very pleased to offer our members the “Flex Certificate”. With a minimum deposit of $1,000 the term on the Flex certificate can run from 36 months to 48 months, you choose when it matures! This gives you, the member, more control over your finances.
Once a certificate is purchased, the rate remains fixed for the term of the certificate. Dividends are compounded and paid monthly. Besides being left in the certificate to earn the full yield, on a monthly basis, without charge, dividends may be forwarded to the member or transferred to an additional account.
Certificate holders are notified at least 10 days prior to maturity as to what options are available. If no action is taken, the certificate will roll over into a like certificate at the current rate.