Certificates

With a higher dividend rate than money market or traditional savings accounts, your money will work harder for you with a term share certificate. Complete the Account Change Form, make a deposit, choose a term, and watch your funds grow.

  • $1,000 minimum deposit
  • Available terms: 6, 12, 24, 36, 48, or 60 months
  • The longer the term, the higher the rate of return
  • Renews automatically with dividend rate at the time of renewal unless you withdraw your money at the end of the term
  • 10-day grace period to withdraw money at end of term
  • Early withdrawal penalties apply
  • Dividends paid quarterly

Use your term share certificate as collateral for a Share Secured Loan; contact FECU for additional information or questions.

Certificate Term Rates

Certificate Term Dividend Rate APY
6 months 1.20% 1.21%
12 months 1.40% 1.41%
24 months 1.60% 1.61%
36 months 1.90% 1.91%
48 months 2.20% 2.22%
60 months 2.45% 2.47%
$ave-N-Grow - 9 months 1.30% 1.31%

Dividends are compounded and paid quarterly. Minimum balance to open is $100 for the Kids Club certificate and $1,000 for all others. There is an early withdrawal penalty. There is a 10 day grace period at the end of the term during which you can withdraw your money without penalty.

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