Share Certificates are perfect if you desire a longer term investment with a guaranteed rate. Certificates allow you to earn a higher yield on your money. Funds are often deposited to save for a specific purchase such as a new car, a down payment on a home, college tuition, or retirement. Certificates are an excellent method of building savings for future cash needs. High Yields Share Certificates usually pay a higher rate of interest than other savings accounts.
Interest is paid and compounded monthly which increases the earnings to the member.
Interest earned may also be paid directly to you or deposited to your Share Savings or Checking account. Click here for current rate information. You may choose any term from 3 to 60 months. The interest rate is set at the time the certificate is issued and is fixed for the term of the certificate. As a convenience, certificates automatically renew at maturity at the current rate unless you choose to withdraw the funds.