Share Certificates
Share Certificate
A Share Certificate offers you the opportunity to earn interest and save money. Certificates have a higher yielding interest return rate than a savings account and avoid the risks of market-based investments with a secure certificate.
- Open with a $500 minimum deposit
- Share Certificates $100,000 and above earn higher dividends
- Flexibility in maturity terms
Certificates are designed to help build wealth for the future. Please note the following:
- After the account is opened, you may not make additions into the account until after the maturity date stated on the account.
- Early withdrawals are subject to dividend penalties based on the qualifying period, effective December 1, 2012.
- Less than 12 months – 90 days dividends
- 12 to less than 24 months – 180 days dividends
- 24 to less than 48 months – 365 days dividends
- 48 months and greater – 730 days dividends
| Share and IRA Certificate Terms for account balance up to $99,999.99 | Dividend Rate | APY* |
|---|---|---|
| Six months | 1.980% | 2.00% |
| 1 year | 2.323% | 2.35% |
| 2 years | 2.616% | 2.65% |
| 3 years | 2.713% | 2.75% |
| 4 years | 2.956% | 3.00% |
| 5 years | 3.198% | 3.25% |
| Share and IRA Certificate Terms for account balance $100,000 plus | Dividend Rate | APY* |
|---|---|---|
| Six months | 2.029% | 2.05% |
| 1 year | 2.372% | 2.40% |
| 2 years | 2.664% | 2.70% |
| 3 years | 2.762% | 2.80% |
| 4 years | 3.005% | 3.05% |
| 5 years | 3.247% | 3.30% |
*APY stands for Annual Percentage Yield. Dividend rates are in effect as of February 13, 2019, and subject to change without prior notice.
1Initial $5,000 deposit must be new money to River City FCU. Promotion available for a limited time only.
2Any Share Certificate term and balance tier may be used to establish an Individual Retirement Account Certificate. Minimum balance is $500 for Share Certificates and IRA Certificates. IRA withdrawals before age 59 1/2 years of age are subject to certain IRS penalties.
