Share Certificate Accounts

Super CD Kickoff is a limited time CD offer that will pay you 1.25% APY. This CD pays monthly dividends and those dividends can roll into your CD or you can receive a monthly check. The minimum deposit for this type of CD is $10,000. Best of all. you can early withdraw this CD and incur no withdrawal penalty. If you live, work, or worship in Jefferson or Montgomery counties in the State of Alabama you can open a Super CD. For account opening instructions, please call 800 811-7704. Deposits at 1st Resource Credit Union are insured by the National Credit Union Administration up to $250,000.00.

Share Certificates are time deposits that have maturities of 6, 12, 24, 36, 48, and 60 months. The dividends on Share Certificates can compound back into the certificate or can be paid monthly in the form of a check mailed to the member’s residence. 1st Resource Credit Union will allow deposits into the Share Certificate with no penalty. There are penalties for early withdrawals on Share Certificates. On a certificate of twelve months or less, the penalty is one month’s interest. On a certificate greater than twelve months, the penalty is two month’s interest.

At maturity, Share Certificates can automatically renew into the same maturity certificate at the current rate at 1st Resource Credit Union or you can choose to have the funds mailed to you or you can pick up a check at the Credit Union or you can have the funds deposited into you Share Account.

Share Certificate Rates

Term: 6 mo 12 mo 24 mo 36 mo 48 mo 60 mo
Rate: 0.80% 1.00% 1.25% 1.51% 1.76% 1.76%

* Certificate rates expressed as APY.

The minimum balance to earn the dividend rate is $500.00.

The minimum opening amount is $500.00.

The rate may change after the account is opened upon maturity.

These APYs are accurate as of 07/31/2014.

A penalty may be imposed for early withdrawal.