The Credit Union has both Regular and IRA Savings Certificates for those who can set aside some money for a fixed term. Terms range from 180 days to 5 years.

Minimum Deposits

• 1-year, 18-months, 2-year, 3-year, 4-year or 5-year certificates: $1,000
• 6-month certificates: $10,000

Certificate rates are fixed rates. Your rate will be our current rate at the time of your purchase. Money One Federal Credit Union Savings Certificate rates are always competitive.

Monthly Dividends

Dividends for 6-month certificates are credited and compounded at maturity. Other certificate dividends are compounded and credited monthly. When you get a 1-yr, 18-months, 2-yr, 3-yr, 4-yr or 5-year certificate, you get to choose how the dividends are paid.  Your options include:

• Having your dividends posted to your Money One Federal Credit Union Checking Account. (A good choice if you would like a steady stream of income from your investment.)
• Getting all your dividends and principal in a lump sum payment when the certificate matures. (A good choice if you want your dividends to accumulate and grow.)

Automatic Renewals

If a certificate is not presented for payment at maturity, it will automatically renew for another term of the same length at the current certificate rate. You have 10 business days to withdraw a certificate after the automatic renewal date.

Early Withdrawals

You’ll forfeit some dividends if you touch your principal before your certificate has matured. (Federal regulations require us to penalize you.) Read the early withdrawal information when you purchase your certificate for details.

To apply, simply print out the application and mail it (along with check or transfer instructions) to the Credit Union. Be sure to include a copy of your driver's license or other government issued photo identification with your application.