Certificate Accounts:
A Safe, Smart Saving Alternative

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

The dividend 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 $250,000 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.

Penalities 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 $250,000 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.