Simplicity Share Certificates are a great short-term investment product that will yield more than a regular savings account. Our Share Certificates pay a certain dividend if held for a specific period or term. Share Certificate may be a good investment choice for you if:
Term | Minimum Deposit | Dividend Rate | Annual Percentage Yield | Dividend Paid |
---|---|---|---|---|
6 Month | $500 | 0.65% | 0.65% APY | Monthly |
12 Month | $500 | 2.50% | 2.52% APY | Quarterly |
24 Month | $500 | 2.75% | 2.78% APY | Quarterly |
36 Month | $500 | 3.00% | 3.03% APY | Quarterly |
48 Month | $500 | 3.25% | 3.29% APY | Quarterly |
60 Month | $500 | 3.25% | 3.29% APY | Quarterly |
7 Month Special | $500 | 3.75% | 3.80% APY | Quarterly |
19 Month Special | $500 | 4.00% | 4.06% APY | Quarterly |
Dividends may be added to your certificate, deposited to your Simplicity Credit Union savings account, or mailed to you. Automatic renewal for the same term at the current rate. Ten day grace period at maturity to make changes without loss of dividend. Dividend paid to maturity date if withdrawn within ten days after maturity. Substantial penalty for early withdrawal.