Share Certificate Accounts
It turns out earning more than 10 times a standard savings account rate is simple. You do nothing really. Just open a share certificate for a no-fee, risk-free investment. Simply set the length of time for your term and let it be; the fixed rate guarantees a high rate of return.
- Summary
- No monthly service charge
- $500 minimum to open
- Terms from six months to five years
- Fixed dividend rates
- Longer terms yield higher dividend rates
- Federally insured investment
- Early withdrawal will result in dividend penalties
- NCUA insured
