Certificates
We offer various types and terms on our certificate. The minimum certificate deposit for Scottie Savers and RADS is $100.00.
Share Certificates
Dividends are paid and compounded quarterly.
Dividend rates are subject to change at any time.
| Certificate | Amount | Penalty |
|---|---|---|
| 6 Month Certificates | $500.00 minimum | 180-day dividend penalty for early withdrawal. |
| 12 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
| 18 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
| 24 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
| 36 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
| 48 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
| 60 Month Certificates | $500.00 minimum | 365-day dividend penalty for early withdrawal. |
IRA Certificates
Your IRA accounts are federally insured for an additional $250,000.00 by NCUA.
IRA accounts may not be pledged.
Dividend rates may change at any time.
Dividends are compounded and paid quarterly.
| Certificate | Amount | Penalty |
|---|---|---|
| 12 Month Certificate | $500.00 minimum | 365-day dividends penalty for early withdrawal. |
| 24 Month Certificate | $500.00 minimum | 365-day dividends penalty for early withdrawal. |
| 36 Month Certificate | $500.00 minimum | 365-day dividends penalty for early withdrawal. |
| 48 Month Certificate | $500.00 minimum | 365-day dividends penalty for early withdrawal. |
| 60 Month Certificate | $500.00 minimum | 365-day dividends penalty for early withdrawal. |
Roth Certificate
Roth and Education IRAs Also Available
Dividend rates may change at any time
Dividends are compounded and paid quarterly
Coverdell Education Certificates
Formerly known as Education IRAs, Coverdell Education Certificate Accounts are an ideal way for you to begin saving money to help a child, grandchild, or any young person you know pay for higher education expenses down the road
Contributions to the Coverdell Education Certificate Account are not tax-deductible, but distributions used to pay for the qualified education cost of the named beneficiary are generally tax-free
Individuals may make contributions for a tax year no later than the tax filing deadline for that tax year; generally April 15
Contact the credit union for details and information
All shares are Federally Insured by the National Credit Union Administration (NCUA), a U.S. Government Agency.