Put a little away, get more back

You need a minimum of $250 to open a regular Term Certificate, and a minimum of $100 to open a Traditional or Roth IRA Term Certificate.

Dividends are calculated by the daily balance method which applies a daily
periodic rate to the balance in the account each day.

Yes. Dividends are compounded daily and credited monthly and at maturity.
You may withdraw dividends earned on a monthly basis.

When a certificate matures, or reaches the end of the term (3 months, 6 months, 1 year, etc), you have a 10 business day grace period in which you can add funds, withdraw some or all of the funds, or change the term without penalty.

The Credit Union does not permit partial withdrawals from the principal balance of your Term Certificate prior to maturity. If you wish to complete a withdrawal from your Term Certificate before maturity, the entire principal balance must be redeemed, and the Credit Union may impose an Early Withdrawal Penalty.

Early Withdrawal Penalties are applied as follows:

Term of less than 1 year – 45 days of interest earned on the principal balance

Term of 1 year or greater – 180 days of interest earned on the principal balance

Our 18-Month Term Certificate is a Bump Up Certificate. If the offered rates for new certificates of that type go up during the 18 months before your certificate matures, you can request to increase your current interest rate to match the new rate for the remainder of the term, with a limit of one such increase per term. Send us a Secured Message through Online & Mobile Banking, or give us a call, contact us by chat, or stop by the branch to submit your request.