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Also known as a Share Certificate, a CD (Certificate of Deposit) is a short-term investment tool that earns higher yields than regular share accounts.
Features of a Share Certificate
• | Low minimum balance of $1,000. *under 18 is $500.00 | |
• | Flexible Terms available from six months to five years | |
• | Fixed term at a fixed rate. | |
• | Interest is paid quarterly. | |
• | Jumbo rates may be available for over $50,000 on specific terms. | |
• | Federally insured to at least $250,000 by the NCUA |
Early withdrawal penalties apply. See Rate Sheet for more details.