A Share Certificate (CD) is available with terms ranging from 3 to 60 months and earns a higher interest rate than a regular share account. Paid dividends can be withdrawn automatically or at your discretion at any time with no penalty. All certificates are automatically renewed unless specified otherwise. A $1,000 minimum deposit is required to open a Share Certificate (CD).
CERTIFICATE OF DEPOSIT EARLY WITHDRAWAL PENALTY CHANGE NOTICE: Certificates opened or maturing as of September 1, 2012 will be subject to new early withdrawal penalties. Certificates with a term 18 months and less will incur a penalty equivalent to 60 days dividends. Certificates with a term greater than 18 months will incur a penalty equivalent to 90 days dividends.