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Share Certificates
Invest a little, get a lot. If you’re after one of the highest possible interest-earning rates Levo Credit Union has, you can invest your funds into a share certificate with a fixed-rate return over a designated period of time. You choose your term, and cash in when the clock runs out (or re-invest to maximize your dividends).
What is a Share certificate?
Share Certificates of deposit, commonly referred to as CDs, are deposit instruments that secure your funds for a specific duration. In return, it offers you a fixed annual percentage yield (APY), making certificates a secure and dependable method to increase your savings.
How does it work?
When you invest in a Share Certificate, you commit to keeping your funds in the account for a specific duration, which could vary from a few months to several years. In return, we will provide you with a guaranteed return on your investment, usually at a higher rate than a standard savings account.
Why is it safe?
When it comes to safeguarding your funds, certificates, along with savings and money market accounts, are among the most secure options available. Subject to limitations. The NCUA insures funds held at Levo.
Not a member?
*Members apply in-branch.
Not a member?
*Members apply in-branch.
*APY = Annual Percentage Yield. Rates and Annual Percentage Yields are subject to change monthly as determined by the Credit Union Board of Directors. A complete description of these accounts is available upon request and will be provided at account opening.