Share Certificates - Walker

At Essential Credit Union, we understand that you want a secure investment option that also provides the flexibility to grow your savings. Share certificates are ideal for those who don’t need immediate access to their funds and are looking for a low-risk way to earn more interest.

Here’s why share certificates in Walker are a great investment choice:

1. Higher Rates than Traditional Savings Accounts: Share certificates offer better rates compared to regular savings accounts, meaning your money earns more interest over time. Click here to view our rates
2. Security for Your Funds: Share certificates are insured by the NCUA, giving you peace of mind knowing that your money is protected up to $250,000.
3. Customizable Terms: Choose from a variety of terms ranging from 3 months to 5 years depending on your financial goals.
4. Predictable Earnings: With a fixed interest rate, you’ll know exactly how much you’ll earn, making it easy to plan for the future.
5. No Monthly Fees: There are no monthly maintenance fees associated with share certificates, so you can grow your money without unexpected costs.

A share certificate is a type of savings account where you deposit your money for a fixed period, earning a guaranteed interest rate. Essential Credit Union offers flexible terms ranging from short-term (as low as 3 months) to long-term (up to 5 years), so you can choose the best option based on your savings goals.

Here’s how it works:

1. Choose the Term: Pick a term that works for your financial goals. Whether you need a short-term option or are looking to lock in a higher rate for a longer period, there’s a share certificate for you.
2. Deposit Funds: Open a share certificate with a minimum deposit of $500.
3. Earn Interest: Your funds will earn a fixed interest rate for the duration of the term, which is higher than a regular savings account.
4. Withdraw at Maturity: After the term ends, you can withdraw your money along with the interest earned. Or, you can roll it over into a new certificate if you prefer.

With share certificates in Walker, you can invest for the future with confidence. At Essential Credit Union, we offer several options to make investing easy and accessible:

• Choose the Term That Fits You: With terms ranging from 3 months to 5 years, you can select a share certificate that suits your savings needs and goals.
• Interest Payment Options: You can have interest paid monthly, quarterly, or at the end of the term, depending on the terms of the certificate.
• Early Withdrawal: Please note that early withdrawal penalties may apply, so plan to keep your money invested for the full term to maximize returns.

Take advantage of share certificates in Walker, LA and let your savings grow with fixed, predictable interest. Apply today to get started on the path to a more secure financial future.