Also known as a Share Certificate, a CD 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.