- $1,000 minimum opening balance for Regular Certificate Accounts or $500 minimum opening balance for Youth Certificate Accounts
- Invest a set amount of money for a specific length of time
- Terms for as little as 3 months or as long as 5 years are available
- Higher investment rates than a regular share account
- IRA certificates offer the additional benefit of certain tax advantages
- Insured by the National Credit Union Share Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency
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