St. Jules Credit Union offers a certificate program to meet your finical goals and is federally insured. If you would like to make an investment, just call ahead and St. Jules Credit Union will have the paperwork ready for you.
- LOW MINIMUM Opening Deposit of $1,000.00
- YOUTH MINIMUM Opening Deposit of $250.00
- TWO terms, 6 Months & 12 Months
NCUA Insurance: Member Shares (savings) are insured by the National Credit Union Administration to the maximum of $250,000.00 per depositor and backed by the full faith and credit of the United State Government.
Comparable Rates: To view our current rates on Certificates click on RATES tab.
Other Terms & Conditions:
*Truth-In-Saving Disclosures are available per request at any time, and are also provided when opening your account with St. Jules Credit Union.
Share Certificates Disclosures:
- Rate Information: The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of dividends to be paid on the account provided that terms of the agreement are met by the depositor. St. Jules Credit Union Board of Directors meets monthly to determine the best rates for our members. Rates may change at any time.
- Dividends: The Dividend Period begins on the calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period. Dividends are calculated on the average daily balance.
- Maturity: Your account will mature as indicated on your Account Receipt or Renewal Notice. There is a 10-day grace period for renewal from date of maturity.
- Early Withdrawal Penalty: May be imposed if you withdraw any of the principal before the maturity date. Exceptions are:
- In the event of the death of the account owner or if the owner is declared to be legally incompetent by a court or other body of competent jurisdiction.
- When the account is an individual Retirement Account and any portion is paid within seven (7) days after establishment or the owner attains the age of 59 ½ or becomes disabled.
- For all accounts, the amount of early withdrawal penalty is based on the term of the account. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account.