A share certificate that allows you to make monthly deposits
You want to open a Share Certificate, but you’re not ready to deposit a large amount of cash all at once. Is there another option? Yes. Our Installment Certificates let you make monthly deposits instead, and still earn a great dividend rate.
A Special Kind of Share Certificate
It’s very rare to be able to open a Share Certificate without needing a large deposit upfront. We offer this rare account type because we want our members to save more without needing to cover big costs up front.
- Low minimum opening deposits, so you can get started anytime
- Higher dividend rates than our Regular Shares account
- Multiple monthly deposit options available: pick the one for you
- Set up Direct Deposit so you save every month
Rates
| Duration | Minimum to Open | Dividend Rate | APY* |
|---|---|---|---|
| 18 Mo. - $25/mo. Installment | $100.00 | 0.15% | 0.15% |
| 18 Mo. - $50/mo. Installment | $200.00 | 0.25% | 0.25% |
| 18 Mo. - $100/mo. Installment | $400.00 | 0.35% | 0.35% |
| *Annual Percentage Yield | Rates Effective: 1/1/2019 |
FAQs
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Yes, We will impose a penalty if you withdraw any of the funds before the maturity date. The Penalty imposed will equal 180 days of dividends on the amount withdrawn.
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A Share Certificate is simply the credit union name for a CD.
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We have several different options you can choose from:
$100 Opening Balance: 18 Mo. – $25 monthly deposit
$200 Opening Balance: 18 Mo. – $50 monthly deposit
$400 Opening Balance: 18 Mo. – $100 monthly deposit
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