Must be eligible for membership and open a share saving account in order to join RFCU and obtain a share certificate. Minimum balance of $5.00 is required to open and be maintained in share savings account at all times. Fees and other restrictions may apply. Fees and other conditions could reduce earnings on account. A penalty will be imposed for early withdrawal of principal prior to maturity.
A minimum balance of $2,000 is required to open the Money Market Share and a minimum daily balance of $2,000 is required to earn dividends. No dividends will be earned for the length of time your daily balance falls below $2,000. The minimum balance for a Money Market tier must be maintained to earn the disclosed APY for that tier. Some restrictions apply.
Rates, terms, and conditions are subject to change at any time.
For non-compounding share certificates, no dividends are added to the share certificate but are transferred to a designated share account. Dividends cannot remain on a non-compounding share certificate. Payout of dividends is mandatory.
Member’s Choice Certificates:
After 90 days from the certificate opening date, members have the option to request to change the dividend rate to the current dividend rate applicable to the term for their certificate. Future rate changes may be requested every 365 days after the last rate change on their account. Rate change must be initiated by the member, either in writing or by phone. Option to open multiple Member's Choice Certificates is available. Member's Choice Certificates are not available as jumbo certificates.
The minimum balance required to open the Jumbo Certificate is $100,000. You must maintain these minimum balances at all times to earn the disclosed annual percentage yields (APY). Once a share certificate is opened, the dividend rate and annual percentage yield will be in effect for the term of the account.
Must have online banking username and PIN/password to open share certificate online.
A substantial penalty will be imposed for the early withdrawal of certificate principal prior to maturity date. A withdrawal could reduce earnings.
Rates and terms subject to change without notice. Fees and other conditions could reduce earnings on the account.
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