Are you saving money to make a big purchase in the future, like a house or car? Or, do you just want to save money for the future? Share Certificates are a great financial tool for those looking to save and grow their money at the same time. A Share Certificate is a high yield term investment. Essentially, you lock up your money for an extended amount of time, any term between 3-60 months, so it can gain higher dividends. A Share Certificate is similar to a bank product called a Certificate of Deposit, or CD.
To start saving with a Share Certificate, all you need is a minimum deposit of $100, which is a low amount compared to other share certificates on the market. We have a wide range of terms to choose from, so you can choose the term to suit your needs. Your Certificate will begin earning dividends as soon as it is opened. These dividends can be paid back to you in a various amount of ways. They can be compounded back to the certificate, deposited to another account, or simply mailed back to you when your term is up. When the Share Certificate matures, you can choose to withdraw the money, or roll it into a new Share Certificate. If you do nothing, we will automatically reinvest the money for you, at the same term and current rate.
Are you interested in a specific rate? Let us know, and we will notify you if that rate becomes available within the next 12 months. Simply complete the form below.