Share & Jumbo Certificates
Whether your savings needs are large or modest, our share certificates offer a variety of maturities from 3 to 60 months. Longer maturities, naturally, earn greater dividends. You can open a Share Certificate with a minimum deposit of $500 and a Jumbo Certificate requires a minimum deposit of $50,000. This might be an excellent way to invest the proceeds from the sale of a house, securities or an inheritance.
Share Certificates
Our Share Certificates offer members a way to earn higher dividends on larger account balances deposited for set periods.
- Minimum of $500 deposit
- Maturities available from 3 to 60 months
- 36-month Step-Up Certificate lets you "step up" to a higher dividend rate once during the term
- Dividends are paid monthly, quarterly or at maturity, depending on the term and dividend payment method of the certificate and can be mailed to you or transferred to your checking or savings account
- There is a penalty for early withdrawal of principal, which is determined by the length of original maturity
- May be established as an IRA
Jumbo Certificates
Jumbo Certificates are similar to Share Certificates except for larger deposit amounts. They have the highest savings dividends we can offer.
Members deposit $50,000 or more and choose from a variety of maturities (3 to 60 months). As with the smaller certificate, dividends are paid monthly, quarterly or at maturity, depending on the term and dividend payment method of the certificate. It's your choice, we can mail dividends to you or transfer them to your checking or savings account. There is a penalty for early withdrawal of principal which is determined by the length of original maturity. Certificates may be established as an IRA.
