A share certificate is similar to a certificate of deposit. A share certificate is a specified amount of money that you agree to leave with us for a certain period of time and well make sure your money grows at a higher rate than a savings account.
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Competitive dividend rates
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Flexible terms from 6 months to 5 years
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Minimum deposit amounts of $500 or $10,000
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Dividends are compounded and paid monthly
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Insured up to $100,000 per member by the National Credit Union Administration (NCUA).
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A member renewal notice is sent at time of maturity. It does not automatically renew, if you forget about the certificate the funds will roll into your savings account.
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Interest earned can be sent as a check to you or transferred to a different account each month. Of course, when interest is compounded, it makes your earnings higher
*A dividend penalty will be imposed for early withdrawal from term accounts.
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