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Loan Rates Vehicle Rates Savings Rates Share Certificate Rates Home Equity Rates Fees
Effective as of: October 1, 2024
| Share Certificate Rates | ||
| Term | Annual Percentage Dividend | Annual Percentage Yield |
| 6 Month | 4.00% | 4.06% |
| 12 Month | 3.75% | 3.80% |
| 36 Month | 3.00% | 3.03% |
| Share Certificate Terms and Disclosures: | ||
| 1.The interest will reinvest quarterly on all certificates purchased beginning 8/1/2015, and will begin to accrue on the business day you make the deposit. The daily balance method to calculate the interest on your account is used. It applies a daily periodic rate to the principal to the account each day. The interest earned will be credited to the certificate quarterly. The Annual Percentage Yield assumes the interest remains on deposit until maturity. 2.Share Certificates automatically renew upon maturity (effective 8/1/2015). 3.Minimum deposit five hundred dollars ($500.00). 4.Your share certificate will state the APR and APY. | ||
| Early Withdrawal Penalties for Share Certificates of Deposits: | ||
| After the share certificate is open, you may not make deposits or withdrawals from the account till maturity. If you withdrawal before the maturity date, the following penalty will be imposed. In certain circumstances such as the death or incompetence of an owner of the account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. 6 month Share Certificate – 60 days Div. 12 month Share Certificate – 90 days Div. 36 month Share Certificate – 120 days Div. | ||
