To open a share account, a $25.00
deposit is required. Dividends are earned on entire
- Effective Date: 08/01/2016
06 Month Term
12 Month Term
18 Month Term
24 Month Term
36 Month Term
48 Month Term
60 Month Term
*$500.00 minimum deposit to open a 6 month share certificate only.
*$1000.00 minimum deposit to open a share certificate. The penalty imposed for withdrawal of certificate funds prior to maturity are as follows: If withdrawal occurs within 90 days after date of issuance, there is a forfeiture of earned dividends plus forfeiture of principal equal to 90 days dividends. Withdrawal after 90 days of issuance the forfeiture is equal to the smaller of dividends since date of issuance or 180 days dividends at contracted rate.