Term Share Certificates
We offer a variety of Term Share Certificates to help you reach your financial goals. Certificates earn dividends at higher rates than savings accounts, and have pre-determined maturity dates.
12 Month Liquid Share Certificate:
Introducing the Academic FCU Liquid Share Certificate, the only Share Certificate of it's kind. Unlike traditional Share Certificates, our liquid Share Certificate is restriction free, meaning you can deposit additional funds into the account at anytime for no fee. What truly makes our liquid share certificate so remarkable is that you can also withdraw money, once a month, for no fee at all. Try doing that at a bank!
The Liquid Share Certificate was created with our members in mind. We understand that working for an educational institution means you might only work 10 months out of the year, so we developed this product to allow you to save money, and earn interest on it, so when the summer comes around you are financially prepared.
Flex Share Certificate:
Our Flex Share Certificate is another great savings option because you can deposit money into the account whenever you want, without extending the maturity date. Perfect for members who are trying hard to boost their savings, you can set up your account so a set amount of each paycheck is dispersed into your Flex Share Certificate Account.
Traditional Share Certificate:
Our institution offers 15, 18, 24, and 36 month Traditional Share Certificates at competitive rates. Traditional Share Certificates are able to be opened with an initial deposit, and no further deposits can be made to them and no withdrawals may be made from them. All of our term shares certificates, with the exception of the 36 month product, can be purchased with a minimum $1,000 deposit. Our 36 month term share requires a $5,000 deposit.
Please note: Any term share products that fall below the minimum required balance will automatically be charged a 90 day dividend penalty and closed.
*APR = Annual Percentage Rate
**APY = Annual Percentage Yield