Share Certificates allow members to save money by locking into our highest dividend rates. The longer the term on the Share Certificate, the higher the dividend. Members can also earn premium dividend rates by making larger deposits. Minimum opening balance: $500 Minimum balance to earn APY: $500 Monthly service charge: None Share Certificate terms: 1-36 months. Withdrawal penalty: There is a penalty for early withdrawal. Occurs less than 365 days from the date of purchase, there is a 30-day interest penalty. If the certificate has a 24 or 36 month term and the withdrawal occurs after 365 days from the date of purchase, there is a 90-day interest penalty. Dividends: Dividend tiers are as follows $500-10,000 $10,001-50,000 $50,001-100,000 Rates change quarterly, therefore refer to your Rate Schedule for current rates. For details on special certificate rates, consult an MSR. Dividends are compounded quarterly and paid quarterly.