The content on this page is an example only. Before implementation,
review and change as appropriate for your credit union.
Share Certificates
With as little as $1,000, members can invest in a short-term Credit Union Share Certificate and maximize their earnings. With an investment of $2,500, the Member can choose the certificate's term from six to sixty months.
$1,000 may be invested in a short-term Share Certificate.
A minimum of $2,500 allows the Member to pick the certificate's length of term.
Tierd rate share certificates are available for terms varing from three months to five years at very comparative market rates.
Money Management Account
The Money Management Account (MMA) gives the Member a unique
combination of benefits. It pays a higher yield than a Regular
Share Account and keeps the Member's money liquid. The Member
can order checks to access his/her MMA.
Only $2,500 is required to open and maintain the MMA.
The MMA earns a higher yield than a Share Account.
Larger balances earn higher rates.
Member's money remains liquid in the MMA.
A monthly service fee of $7 will be charged to the MMA if the balance falls below $2,500.
Member can clear up to three checks per month from the MMA.
Dividends are calculated on the Average Daily Balance and paid monthly.