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TERM SHARE & IRA TERM SHARE CERTIFICATES

Depositing funds into a Term Share or IRA Term Share Certificate is available for members who wish to earn a higher rate of return for a defined period of time. Typically a minimum dollar amount is required to establish the certificate.

Regular term share certificates are insured up to $250,000.00 by the National Credit Union Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency. American Share Insurance (ASI) offers additional coverage to qualifying terms share certificates of $250,000.00 for a total of $500,000.00.

IRA term share certificates are insured up to $250,000.00 by the NCUA. ASI offers additional coverage to qualifying IRA certificates of $250,000.00 for a total of $500,000.00.

A penalty may be imposed for withdrawals before maturity. Fees could reduce the earnings on the account.

Click here for current term share certificate rates.