Flex Certificate of Deposit

Our Flex CD offers you the high rate of a Traditional CD while giving you the flexibility of a savings account.

• Rates as high as 3.55% APY¹
• Minimum amount to open and maintain a Flex CD is $250.00
• Unlimited deposits may be made to a Flex CD
• Guaranteed high rates for the term of the certificate
• Dividends may be:
  • Added to certificate
  • Transferred to checking or savings
  • Withdrawn at any time without penalty

• Earns dividends, see current rates
• Must have a S1 savings account with a minimum of $5.00
• Two penalty-free withdrawals may be made from a Flex CD during the 12-month term as long as the minimum $250 balance is maintained
• Penalties will be incurred if excessive (more than two) early withdrawals are taken (Penalty = 90 days of dividends, whether earned or not)
• Withdrawals of paid dividends are permissible at any time without penalty
• Maturity notices mailed 30 days before maturity date
• Members will receive statements quarterly (if checking account does not exist)
• 12-month term
• Dividends are paid monthly and at maturity
• Prevailing dividends rates will remain in effect during entire term of Flex CD
• Flex CDs automatically renew for same term at current Flex CD rate