North East Welch Federal Credit Union

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Share Certificates

  • Minimum deposit $1000.00

  • Dividend Rate is for the term of the Certificate.

  • Dividends are calculated on the average daily balance and paid quarterly.

  • Dividends can be deposited to the Certificate, a Share Account, a Draft Account or mailed directly to the member.

  • Maturity notices will be sent at least 10 days prior to maturity.

  • Additional Deposits are not allowed

  • Early withdrawal penalty is 90 days dividend.

  • Certificates will automatically renew for another term upon maturity.

  • You have a grace period of 10 days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty.