WHO CAN BENEFIT FROM A SHARE CERTIFICATE?
If you're fortunate enough to have some extra savings and want to earn higher dividends than a regular savings, checking or money market account, consider a share certificate. You cannot withdraw your funds during the pre-selected length of the term without penalty, but you will most likely earn a higher rate than any of the above-mentioned options.
3-MONTH SHARE CERTIFICATE
november & december special
*APY is Annual Percentage Yield. APY is accurate as of 11/1/17. $500 minimum balance. At maturity, account automatically renews as a 24-month share certificate at current rate unless changes are made during 7-day grace period. Penalties apply for early withdrawal. Y-12 Federal Credit Union is federally insured by NCUA.
As a loyal member, you have helped us achieve another milestone year. In return, we are offering a special rate share certificate as a way of saying “thank you” and to help you grow your deposits. Come in today to take advantage of this limited time offer.
GUARANTEED OR FIXED RATE OF RETURN
There are no unknowns when you invest in a Share Certificate. You pick the deposit amount, the term and the rate. As long as you don't withdraw the funds, you'll be able to calculate your dividends upon maturity at the onset of your investment. As they say—it's a sure thing.
LOW INITIAL OPENING DEPOSIT
You can open a share certificate with as little as $500, while a money market account often requires a larger deposit and doesn't earn as high a rate. You can sometimes earn a higher rate for larger deposit amounts or longer terms.
FEDERALLY INSURED BY NCUA
Share certificates are federally insured by the National Credit Union Administration (NCUA), a US government agency. Each account is federally insured up to $250,000, so you know your funds are safe and sound.
EAST TENNESSEE’S REGIONAL CREDIT UNION SERVING: Knox, Anderson, Blount, Campbell, Loudon, Roane, Sevier and Union counties.
BRANCH LOCATIONS: Oak Ridge, Cedar Bluff, Clinton, Eagleton, Farragut, Hardin Valley, Harriman, LaFollette, Maryville, North Knoxville, Powell & Sevierville.
©2017 Y-12 Federal Credit Union, serving Oak Ridge, Knoxville, and surrounding East TN Counties. All Rights Reserved.