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Certificates:
A Safe, Smart Saving Alternative

One popular and proven savings option for Telcoe members is a CD (Certificate of Deposit) or Certificate Account. Certificate Accounts can be very attractive for those members looking for safe, long-term investment opportunities.

The earnings rate is higher than a regular savings account, and, unlike the volatile stock market, certificate accounts always hold their original value. Your principal is safe, insured up to $100,000 by the National Credit Union Administration.

The term of your investment ranges from 182 days to up to five years, and a minimum deposit of $1,000 is required. Dividends are paid monthly; they can be mailed directly to you or added to your certificate account. Check out the current rates on this sound investment option today.

Penalties may or may not apply for early withdrawl.

Insured by an agency of the federal government

Funds on deposit at Telcoe Federal are insured up to $100,000 per member by the National Credit Union Administration (NCUA), an agency of the federal government. The NCUA is one of the strongest insurance funds available in the financial arena.

 

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© Copyright 2008 Telcoe Federal Credit Union

 
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, an agency of the federal government.