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Share Certificates
Depending on your need for liquid assets or higher dividends, CCF has an ideal savings certificate for you. Share certificates are available in 6, 12, 24, 36, 48 or 60-month terms. The longer the term, the higher the return on your investment will be. Share certificates require a $1,000 minimum deposit. If you have a higher amount to invest, a Jumbo Share certificate may better fit your needs - a 12-month Jumbo certificate has a minimum deposit of $50,000.
Individual Retirement Account (IRA) Certificates
CCF offers a variety of IRA Certificates to help you start saving for retirement. Traditional, Roth and Roth Conversion Certificates are available in 12, 18, 24, 36, 48 or 60-month terms. These certificates require a $500 minimum balance with dividends paid quarterly. These contributions are possibly tax-deductible, however, refer to your tax advisor regarding qualifications. Restrictions apply so please contact a member services representative for details.
Coverdell Education Savings Account (Formerly Education IRA)
A perfect opportunity to save for education purposes. You can invest in a 12, 18, 24, 36, 48 or 60-month term certificate. Contributions to the certificate can be made annually, monthly or weekly via payroll deduction. Distributions may be used for elementary and secondary education expenses. A minimum $500 balance is required and contributions are possibly tax-deductible (refer to your tax advisor regarding qualifications). Restrictions apply so please contact a member services representative for details.
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