What are share certificate accounts?
Share Certificate Account DisclosureRate Information. …Variable Rate Accounts. …Dividends Compounding and Crediting. …Exceptions to the Early Withdrawal Penalty. …Exclusive within Ascend Federal Credit Union: Owners who have attained age 59 ½ or who are completely disabled have the option to move an IRA Fixed Certificate account to another …Checking Account Overdraft Protection. …
What is the definition of a share certificate?
What is a share certificate? A share certificate is a certificate of deposit issued by a credit union. It represents a deposit that is made for a certain period of time that earns specified dividends over that period. A share certificate is similar to a certificate of deposit (CD).
What is credit union share certificate?
A stock certificate template is a piece of paper used to represent ownership in a company. It is also known as a share certificate which represents a legal interest and ownership in a company. This certificate includes information such as shareholder name, company name, the number of shares owned, the date, unique identification number and a corporate seal and signatures.
The Benefits of a Share CertificateGuaranteed or fixed rate of return. There are no unknowns when you invest in a Share Certificate. …Short- and long-term investing. With terms between 30 days and five years, you have a wide range of investment options. …Low initial opening deposit. …Special features. …Federally insured. …
