Share Term Certificate

Share Term Certificate

Earn the most interest with an STC! Share Term Certificates (STCs) earn the highest interest of all the savings accounts.

Our interest rates for STCs are very competitive. Compare our interest rates with other financial institutions and put your money where it works for you.

No Risk - Your deposits are federally insured up to $250,000 by the National Credit Union Administration, a U.S. government agency.

Fixed Term - STCs are ideal for people who want to save for longer-term goals.

Terms - The available term limits for STCs are 6, 12, 18, 24, 36 y 48 months and are renewable. In general, the longer the term, the higher the interest rate. Because STCs provide the highest interest rate, withdrawals are not allowed before the end of the term.

Start saving! The minimum deposit is only $500!

What do I need to open a Share Term Certificate?

To use Latino Community Credit Union’s services you must first become a member.

To become a member, you will need to:

  • Present a government issued photo identification card from any country
  • Open a savings account with the minimum deposit
  • Become a member of the Latino Community Development Center, a non-profit organization whose mission is to provide financial education to the Hispanic community.

The Share Term Certificate earns interest, so you will need a Social Security Number (SSN) or an Individual Tax Identification Number (ITIN) to pay taxes in the United States. Any of our representatives can tell you how to apply for an ITIN.

What are some possible uses for a Share Term Certificate?

You can use this account to save for longer-term goals. For example, you can save to pay for your child’s education, to buy a house, or for retirement.

What is the minimum term for a Share Term Certificate?

6 months

How much interest will I earn?

The interest varies depending on the term. View all rates.

Consult your representative for the current interest rates.

All accounts are federally insured up to $250,000 through the National Credit Union Administration (NCUA).

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