When you invest in Credit Union Share Certificates, you get more than a guaranteed high yield. Unlike other financial institutions, Credit Union earnings are returned to our members in the form of lower interest loans, convenient free services and new products. It makes sense to invest at your Credit Union.

Share Certificates require a $500.00 minimum balance. You must maintain a minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield for your share certificate.

Compounding Frequency - Unless otherwise paid, dividends will be compounded every month.

Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period which is equivalent to a month and dividing that figure by the number of days in the period.  Dividends are posted to your Share Certificate monthly. Alternatively, you may choose to have dividends paid to you or to another account, at the credit union every month rather than credited to your share certificate.

Early Withdrawal Penalties (a penalty may be imposed for withdrawals before maturity) -

* If your account has an original maturity of 3 months: The penalty we may impose will equal the dividends earned since the date or issuance or 45 days, whichever is less, but at least seven days dividends.
* If your account has an original maturity of 6 months to 1 year: The penalty we may impose will equal the dividends earned since the date of issuance or 90 days, whichever is less, but at least seven days dividends.
* If your account has an original maturity of more than one year: The penalty we may impose will equal the dividends earned since the date of issuance or 180 days, whichever is less, but at least seven days dividends.


Withdrawal of Dividends Prior to Maturity - the annual percentage yield is based on the assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.

Automatically Renewable Account - this account will automatically renew at maturity. You may prevent renewal at maturity if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in a dividend-bearing account or a check can be issued.

Each renewal term will be the same as the original term, beginning on the maturity date. The dividend rate will be the same we offer on new term share accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account.

You will have a grace period of ten calendar days after the maturity to withdraw the funds without being charged an early withdrawal penalty.