Share Certificates
Niagara Regional Federal Credit Union's certificates are a secure, low-risk way to invest that offers you a higher dividend rate than our regular savings accounts. Certificates let you lock in our best yields for your choice of terms for six months to five years.
BENEFITS INCLUDE:
$1,000.00 low minimum deposit requirement
Competitive rates
Dividends paid at the time of maturity
Terms of 3 months to 5 years
Ability
Share Certificate Account Rates
All rates are accurate and effective as of December 2024.
Quickly grow your money with our Share Certificates. With terms as short as 6 months and as long as 5 years, or 9 months at 4.50%, you won't need to look anywhere else because our dividends are unbeatable!
| Term | APY* |
|---|---|
| 6 month | 0.50% |
| 1 year | 2.00% |
| Promo 3 months (New Money - $1,000 min balance) | 4.25% |
| Promo 9 months (Existing Money - $5,000 min balance) | 4.00% |
| 2 year | 2.25% |
| 3 year | 3.00% |
| 4 year | 3.25% |
| 5 year | 4.00% |
Penalty for early withdrawal:
Certificates less than 1 year: 3 month's worth of dividends will be deducted.
Certificates more than 1 year: 6 month's worth of dividends will be deducted.
NOTE: No partial withdrawals - certificate must be closed and re-issued if a member wishes to w/d a portion of the investment.
*Minimum to open is $1,000.00. APY is based on an assumption that interest will remain in the account until maturity. A penalty will be imposed for early withdrawals. Fees may reduce earnings on your account. APY is subject to change monthly without notice at the discretion of the Board of Directors. Once a Share Certificate is purchased it is locked in for the current rate until maturity. Early withdrawal penalties apply. For more information contact the credit union.