Share Certificates
If you are looking for a higher dividend rate on your investment, then consider Desert Energy Credit Union’s Share Certificates. We offer a variety of rates and terms. You choose the one that best fits your financial needs. Share Certificates are a great investment option if you seek long term savings with stable, secure results. The sooner you start saving, the sooner you will reach your financial goals.
Share Certificate Features
- Minimum opening deposit $1000.00
- Terms are 6 months, 1 year, 2 year and 3 years**
- We may offer special rates and terms depending upon market conditions
- Earn higher dividend yields for deposits of $10,000 to $24,999.99 and even higher yields for deposits greater than $25,000.00
- Dividends are compounded and paid monthly
Certificates are also available for your Individual Retirement Account or a Coverdell Account for your children and grandchildren.
**For Certificates with a term of one year or less there is a penalty of 90 days dividends for early withdrawal of funds. For Certificates with a term of more than one year the penalty for early withdrawal is 180 days dividends. Please inquire about our Market Share Account, for a high yield savings account with no penalty for withdrawal.
