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Certificates: Safe and Profitable Investments

Our Share Certificates guarantee a fixed Annual Percentage Yield (APY) for a specific length of time. They offer higher yields than regular savings accounts. In exchange, you leave your funds in the account for a specified amount of time. If you withdraw funds from a Share Certificate before the predetermined maturity date, you may be charged a penalty. The dividends, or earnings, you can make on a Share Certificate are quoted in terms of the APY. This rate takes into account the compounding period, which is the frequency with which returns are added to the account. Coloramo Certificate rates are compounded on a quarterly basis and are insured through the National Credit Union Administration or NCUA. Discover why Certificates are the BEST account option for long-term savings with a fixed interest rate here!

 

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