iSave is our Youth Certificate of Deposit (CD) program designed to help members ages 17 and under learn the benefits of saving.
A Youth CD is an account where funds are deposited for a one-year period (term) and earns a fixed interest rate.
Get started with a $25 deposit. Then for each $10 deposited, receive an entry into a drawing to win an annual prize. Member must be under the age of 18 at the time of the drawing to win. Drawings are done the first week in January.
Start earning at a higher rate and develop a regular savings pattern today!
|Certificates of Deposit|
|Effective Date: May 1, 2017|
|Term||Minimum Balance||Interest Rate||APY*||Interest Paid|
|Save to Win||$25.00||0.40%||0.40%||Mo|
|Youth 1 Year||$100.00||0.40%||0.40%||Mo|
|*APY = Annual Percentage Yield. Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage.|
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