Share Certificate of Deposit is simply a certificate of deposit. Most Credit Unions refer to their (CD) accounts as a share certificate account. You may also know them as a time deposit. No matter what you choose to call it PSCCU offers several terms to choose from to help you reach your savings goals.
You can open a Share Certificate with as little as $1000.00. Once you open a certificate your money is then locked in for whichever term you initially selected. PSCCU offers terms ranging from 6 months to 4 years. Penalties apply for early withdrawal.
Certificate accounts will generally pay higher dividends then a savings account. Once your certificate is opened you can no longer make deposits and will continue to earn the initial rate for the term of the certificate.
Guaranteed rates, a variety of terms and opening deposits as low as $1000.00! At PSCCU we have a firm commitment to offering our membership a variety of high yield insured savings products, to provide you with peace of mind and a secure future. Your savings are federally insured by the National Credit Union Administration (NCUA).