Share Certificates

Monroe Telco's Share Certificates provide growth with a guaranteed rate of return for a fixed term along with the security of being federally insured by NCUA.

  • Competitive rates
  • Terms from 6 months to 2 years
  • $1,000.00 minimum balance to open a certificate
  • Dividends paid monthly
  • Dividends can be paid to your share account, share draft account, or mailed to you each month
  • Share Certificates can be used as collateral for a loan at the credit union and the certificate will continue to earn dividends
  • Renewal notices are mailed prior to certificate maturity and you have 7 days after maturity to renew without losing interest. Automatic renewal is available
  • Early withdrawals are subject to penalties