Share Certificates at the Ukrainian National Federal Credit Union offer a better return and stable dividend rates. Whether it's a short-term 3, 6 or 12 month certificate or for a longer period of time like the 18 month, 2, 3, 4 or 5 year Share Certificate, your rate is locked in for the term of your particular certificate.
Dividends are accrued daily and credited to your account quarterly.
The minimum balance required to open a Share Certificate is $1,000.00.
You may not make additions into the account until the maturity date. If you need to withdraw funds prior to maturity, the following early withdrawal penalties apply:
Share Certificate Term - Penalty
The penalty will be equal to 50 percent (50%) of the dividend which would be earned over the Certificate Term, on the amount withdrawn prior to the maturity date. For example - if your Certifcate has a 1 year term, the penalty would be equal to 6 months of interest that would be earned on the amount withdrawn prior to the maturity date.
Share Certificates (Early Withdrawal Penalty May Apply)
|Term||Dividend Rate||Annual Percentage Yield|
|3 month SC ($1,000 minimum)||0.40%||0.40%|
|6 month SC ($1,000 minimum)||0.45%||0.45%|
|12 month SC ($1,000 minimum)||0.75%||0.75%|
|18 month SC ($1,000 minimum)||1.20%||1.21%|
|24 month SC ($1,000 minimum)||1.20%||1.21%|
|36 month SC ($1,000 minimum)||1.45%||1.46%|
|48 month SC ($1,000 minimum)||1.55%||1.56%|
|60 month SC ($1,000 minimum)||1.85%||1.86%|
Rates are subject to change