Annual Percentage Yield (APY) is accurate as of August 1, 2015 - September 30, 2015 and is subject to change at any time. Fees may reduce earnings.
Rates are subject to change monthly and are fixed for the term of the certificate. Certificates dividends compound daily. The minimum balance to open a certificate is $1,000.
*Note that any IRA Certificates opened or renewed prior to September 1, 2007, can be redeemed before maturity without a penalty, if the Member is at least 59 1/2 years old. A penalty will be imposed for early redemption of an IRA Certificate that was opened or renewed after September 1, 2007, regardless of the member's age. This fee could reduce your earnings.
Early Redemption Penalties
Penalties are imposed for early withdrawal of IRA certificates. You must provide your request in writing.
Certificates having a term of 1 year or greater up to and including 4 years
If redeemed within 180 days of the issue date or any renewal date, all dividends will be forfeited
If redeemed thereafter, but before the maturity date, dividends for the most recent 180 days will be forfeited.
Certificates with a term of 5 years or greater
(applies only to certificates issued or rolled over on 3/15/11 or later)
If redeemed within 365 days of the issue date or any renewal date, all dividends will be forfeited.
If redeemed thereafter, but before the maturity date, dividends for the most recent 365 days will be forfeited.