Share Certificates
A Share Certificate is an account that typically offers a higher interest rate than a savings or checking account. However, the money must remain in the certificate for a predetermined length of time, known as the certificate’s term. Withdrawing the money before the end of the term will incur penalties. Certificate terms are from 6-60 months. Longer terms generally have higher interest rates.
| Product | Dividend/Interest Rate | APY* | Term |
|---|---|---|---|
| 6-Month Certificate | 3.74 | 3.80 | 6 Months |
| 12-Month Certificate | 3.74 | 3.80 | 12 Months |
| 18-Month Certificate | 3.74 | 3.80 | 18 Months |
| 24 Month Certificate | 3.20 | 3.25 | 24 Months |
| 36-Month Certificate | 3.20 | 3.25 | 36 Months |
| 48-Month Certificate | 3.20 | 3.25 | 48 Months |
| 60-Month Certificate | 3.20 | 3.25 | 60 Months |