Certificates

 

Protect and grow your savings with ABE Federal Credit Union’s Certificates. Earn guaranteed returns with flexible terms and the added security of NCUA insurance, giving you predictable and dependable growth.

 

Benefits

• NCUA insured up to $250,000.

• Fixed, predictable rate of return.

• Minimum opening deposit is $500 ($100,000 for Jumbo Certificates).

• Maturities range from 3 months to 5 years.

• Monthly dividend crediting.

 

Special Certificates

• 13-Month Add-On Certificate – Add unlimited deposits of at least $500 throughout the 13-month term. Maturity date remains the same.

• 15-Month Bump-Up Certificate – One-time option to increase your rate if a higher rate is offered on our 12-month certificate. Maturity date remains the same.

 

Renewal

Certificates automatically renew at the current dividend rate unless you choose to transfer funds to your Share Account.

 

Early Withdrawal Penalty

• Terms of one year or less incur a penalty of 90 days’ dividends.

• Terms over one year but less than five years incur a penalty of 120 days’ dividends.

• Terms of five years or more incur a penalty of 180 days’ dividends.