Term Share Certificates

Save for a rainy day with a Term Share Certificate Account from Summit FCU. You’ll earn higher dividends than with a regular savings account, and your rate will be locked in for the term of the Certificate.

  • Choose flexible terms ranging from 3 to 60 months
  • Fixed rate & fixed Term Share Certificate of deposit that provides a higher return than a regular share account.
  • Minimum $2,500 deposit with terms as short as 3 months.
  • Minimum $500 deposit with terms of 12 months or more. Term Share Certificates are available for up to 60 months.
  • All Term Share Certificates earn daily dividends, which are paid and compounded monthly.
Certificate Rates
Term in Months Dividend Rate  Annual Percentage Yield  Compounding Period
3 Mos. ($2,500 Min.) 0.10% 0.10% Monthly
6 Mos. ($2,500 Min.) 0.15% 0.15% Monthly
9 Mos. ($2,500 Min.) 0.15% 0.15% Monthly
12 Mos. ($500 Min.) 0.20% 0.20% Monthly
24 Mos. ($500 Min.) 0.40% 0.40% Monthly
 
36 Mos. ($500 Min.) 0.60% 0.60% Monthly
42 Mos. ($500 Min.) 0.80% 0.80% Monthly
48 Mos. ($500 Min.) 0.99% 1.00% Monthly
54 Mos. ($500 Min.) 1.09% 1.10% Monthly
60 Mos. ($500 Min.) 1.24% 1.25% Monthly

Penalty will be imposed for early withdrawal. For time deposits with maturities of less than one year, the APY assumes that funds will remain on deposit for a full year. Fees or withdrawals could reduce earnings on accounts. APYs are accurate as of the last dividend declaration period 9/19/2017. Disclosures are available upon request. Contact SFCU staff for more information about applicable fees and terms. Federally insured by NCUA.