Savings accounts are a great way to save for the future, but share certificates allow you to lock in a higher rate for period of time and earn more on your funds than a traditional savings account.
Merck Employees FCU offers a competitive savings account rate that fluctuates quarterly. With a share certificate, you can lock in a specific rate for a set amount regardless of quarterly fluctuations.
In order to open a new certificate account, you need to be a member in good standing with the credit union and have a minimum deposit of $2,500. Once opened, funds cannot be added to the certificate and early withdrawals forfeit all interest earned.
$2,500 minimum balance required
Dividends paid at time of maturity
Access to your account information any time through online or mobile banking
|6 month Certificate||3.85%||3.92%|
|6 month IRA Certificate||3.85%||3.92%|
*The minimum balance to earn dividends on certificates and IRA certificates is $2,500.00
Open a New Share Certificate Account