Share Certificates
Spend enough time watching interest rates go up and down, and you might get motion sickness. For a more secure return, put your money in a share certificate (known in some circles as certificates of deposit), where you can lock in the best rate and let it do all the work, without any ups and downs.
- Summary
- Higher returns
- Fixed rates
- Terms from 6 months to 3 years
- Better rates for direct deposit and checking account holders
- Minimum deposits of only $500
- Auto renewal at end of term
- Quarterly dividend reinvestment
- NCUA insured
Early Withdrawal
Account holders could be charged an early withdrawal penalty when removing funds during the term of the Certificate.
