A basic shared certificate is a signed document on behalf of member as legal proof of ownership of a number of shares. Another way to earn some savings, a shared document allows you to earn interest on the number of shares you purchase in an entity, such as VFCU.
A Jumbo Shared certificate is the same, except a minimum balance is higher in exchange for a higher annual yield.
Great alternatives for investing your money in a local and supporting community, our Harlingen credit union is a safe option.
Rate Information: You will be paid the disclosed rate until first maturity.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Transaction Limitations: After the account is opened, you may not make additions into the account until the maturity date stated on the account. You may make withdrawals of principal from your account before maturity. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can only withdrawal dividends created in the term before maturity of that term without penalty. You can withdraw dividends only on the crediting dates.
Share Certificates
| Term | Rate | APY |
|---|---|---|
| 6 MO | 0.80% | 0.80% |
| 12 MO | 0.85% | 0.85% |
| 18 MO | 0.90% | 0.90% |
| 24 MO | 0.95% | 0.95% |
| 30 MO | 2.96% | 3.00% |
| 36 MO | 1.05% | 1.06% |
Comments & Restrictions
- • $1,000 Minimum to open. Subject to early withdrawal penalties. All certificates of deposit automatically renew.
Jumbo Share Certificates
| Term | Rate | APY |
|---|---|---|
| 6 MO | 3.45% | 3.50% |
| 12 MO | 3.30% | 3.35% |
| 18 MO | 2.96% | 3.00% |
| 24 MO | 3.01% | 3.05% |
| 36 MO | 2.91% | 2.95% |
| 48 MO | 2.81% | 2.85% |
| 60 MO | 3.44% | 3.50% |
Comments & Restrictions
- • $10,000 Minimum to open. Subject to early withdrawal penalties. All Jumbo Share Certificates automatically renew.
