A 12 Month Term Share Certificate term requires a minimum balance of $1,000.00.  Dividends are paid and credited monthly. Term Share Certificates auto renew and you have 10 days to make changes without penalty.  You have three options of receiving your dividends:

1. Either by crediting back to the certificate,
2. Deposited to your share account, or
3. By a monthly check.

We may impose a penalty if you withdraw any of the principal before the maturity date.  The amount of the early withdrawal penalty for your Term Share Certificate is 6 months interest and your Certificate will be closed.