Certificates
With a Northland Credit Union Share Certificate Account, you can turn time into money. A Certificate is a secure way to save your funds for a set period of time, while you earn a set, predictable rate of return. Members are insured to at least $250,000!
A Northland Credit Union Share Certificate allows you to earn a competitive dividend rate. This rate is fixed for the term of the certificate. Dividends are calculated daily and paid quarterly. There may be a penalty for early withdrawal of a certificate.
| Regular Certificates |
| Effective Date: Thursday, May 17th, 2012 |
| Dividends are paid and compounded quarterly. |
| Term | Minimum Balance | Rate | APY* |
| 3 Month |
$2,500.00 |
0.15% |
0.15% |
| 6 Month |
$2,500.00 |
0.25% |
0.25% |
| 9 Month |
$1,000.00 |
0.38% |
0.38% |
| 18 Month |
$1,000.00 |
0.60% |
0.60% |
| 30 Month |
$1,000.00 |
0.75% |
0.75% |
| 3 Year |
$1,000.00 |
0.90% |
0.90% |
| 4 Year |
$1,000.00 |
1.20% |
1.21% |
| 5 Year |
$1,000.00 |
1.35% |
1.36% |
| PLUS Certificates |
| Effective Date: Thursday, May 17th, 2012 |
| 1yr - Rate may be increased once during the term.
2yr - Rate may be increased twice during the term.
Dividends are paid and compounded quarterly.
|
| Term | Minimum Balance | Rate | APY* |
| 1 Year |
$1,000.00 |
0.50% |
0.50% |
| 2 Year |
$1,000.00 |
0.65% |
0.65% |
| Jumbo Certificates |
| Effective Date: Thursday, May 17th, 2012 |
| Dividends are paid and compounded quarterly. |
| Term | Minimum Balance | Rate | APY* |
| 3 Month |
$20,000.00 |
0.15% |
0.15% |
| 6 Month |
$50,000.00 |
0.25% |
0.25% |
| 9 Month |
$50,000.00 |
0.38% |
0.38% |
| 12 Month |
$50,000.00 |
0.50% |
0.50% |
| Regular Certificates-non compound |
| Effective Date: Thursday, May 17th, 2012 |
| These Certificates Do Not Compound: |
| Term | Minimum Balance | Rate | APY* |
| 3 Month |
$2,500.00 |
0.15% |
0.15% |
| 6 Month |
$2,500.00 |
0.25% |
0.25% |
| 9 Month |
$1,000.00 |
0.38% |
0.38% |
| 1 Year |
$1,000.00 |
0.50% |
0.50% |
| 18 Month |
$1,000.00 |
0.60% |
0.60% |
| 2 Year |
$1,000.00 |
0.65% |
0.65% |
| 30 Month |
$1,000.00 |
0.75% |
0.75% |
| 3 Year |
$1,000.00 |
0.90% |
0.90% |
| 4 Year |
$1,000.00 |
1.20% |
1.20% |
| 5 Year |
$1,000.00 |
1.35% |
1.35% |
| 1 Month-Jumbo |
$10,000.00 |
0.11% |
0.11% |
| 2 Year-Jumbo |
$50,000.00 |
0.65% |
0.65% |
Youth Certificates
We now offer a Youth Certificate with a minimum deposit of $100.00 - $10,000 max. (aggregate) for ages 0-17. Earn competitive rates for a term of one year.
more information.
