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Share Certificates
Features:
$500 minimum balance requirement for Traditional Certificates
$50,000 minimum balance requirement for Jumbo Certificates
Dividends
are compounded daily and paid monthly
Terms ranging from 12 months to 60 months
Jump-up option allows you to "jump up" to a higher dividend rate once during your term (available for 16 month and 28 month terms only)
Funds are fully insured up to at least $250,000 by the
National Credit Union Administration (NCUA)
Benefits:
Higher dividend rate than our Savings and Money Market Accounts
Dividends can be reinvested into your Share Certificate or posted to any of your MITFCU share accounts each month
Smart Money Rewards
members receive a special interest rate that's 0.25% higher
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