Dividends are paid from the date of deposit to the date of withdrawal on the last day of each month. You may also use your Money Master account for overdraft protection for your checking account. Certificates may be purchased for 12,18 or 24-month terms. The rate of return may be determined by the term of the certificate. As with all certificates of deposit, there are penalties for early withdrawal.
Interest is compounded and paid quarterly.
Your Credit Union offers a full array of IRA Products. Look to your Credit Union to save for retirement, the purchase of a first home or the education of your children. Dividends are compounded and paid monthly. Save regularly for those extra seasonal expenses. Additional deposits may be made by payroll deduction, over the counter, or by mail.