Certificates

Share Certificates

Share certificates are a great way to make the most of your savings. By committing to keep your funds on deposit for a set term, you'll earn higher dividends than with a standard Savings.  The longer the term, the higher the rate. Share Certificates offer the following features:

• Guaranteed earnings at a set rate for the entire term
• Flexible terms, ranging from six months to five years, available
• Dividends calculated and paid quarterly
• Open a certificate with as little as $500
• Federally insured to at least $250,000 by the NCUA

Visit us at the branch or call us at (860) 444-5104 to open or re-invest in a certificate.

Use as collateral for a loan

You can utilize the funds you have in a certificate for a low-rate Certificate Secured Loan, instead of dipping into your savings. Rates for a secured loan are 2.00% over the certificate rate.

 

Current Certificate Rates

If a certificate is redeemed before the maturity date an early withdrawal penalty equal to 90 days dividends (calculated on the account balance) may be charged.