INVESTMENT OPTIONS
Certificates
Certificates are available with terms from 6-60 months with a minimum deposit of $1,000. Better rate Jumbo Certificates are available for 36 or 48-month terms with a minimum deposit of $20,000. Certificates may be used as collateral for low interest loans.
Insured Money Market Accounts
A $500 minimum balance must be maintained in our Insured Money Market Accounts [IMMAs]. Up to five withdrawals are allowed per month. There is no set maturity date and no early withdrawal penalties.
Market Index Certificates
The Market Index Certificate is a great way to diversify your investment portfolio allowing you to share in the gains of the stock market without risking losses. With a low $1,000 minimum balance, guaranteed principle, and NO MAINTENANCE FEES, this is one of the most unique investments offered by any financial institution. It's a fully insured Credit Union certificate that pays dividends based on the change in the Standard and Poor's 500 Composite Stock Price Index. Investments are available in 2 and 4-year terms.
6 and 12-month Investment Certificates pay simple interest at maturity. Dividends on all other accounts are paid and compounded monthly. Certificate accounts are subject to an early withdrawal penalty of
180 days dividends unless otherwise stated.
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