Term Share Accounts
"Term" just means you leave your money with us for a set amount of time, same as you would with a certificate of deposit. You can borrow against a Term Share account, but you face a penalty for early withdrawal. We compute your dividends every day and pay them monthly. Have a look at our terms: | Term Share Account | Minimum to Open | | 3 month term share | $500 | | 6 month term share | $500 | | 12 month term share | $500 | | 18 month term share | $500 | | 24 month term share | $500 | | 30 month term share | $500 | | 36 month term share | $500 |
Bump rate feature: If you notice dividend rates are increasing after you open a 12 month or longer Term Share, you can bump your dividend rate up one time during the term. Add on feature: You can also do a one time add on to your Term Share amount. Call us or stop by to add a minimum of $500 to your account. Click here to sign up. |
