At Coosa Pines, we understand the importance of flexibility in investments.
- That's why we offer convenient terms for Share Certificates, ranging from 6 to 60 months. We may also occasionally offer Certificate Specials.
- Minimum balance for opening a Share Certificate is $500, regardless of the term
- Most Share Certificates feature quarterly compounded dividends, except for the 6-month certificate, which is not compounded as it pays at maturity
- A monthly-paid dividend is available on Share Certificates of $10,000 or more
- Interest earned is not compounded on monthly-paid dividends, as dividends must be paid directly to the member by transfer or check
- There may be a penalty for early withdrawals of funds exceeding dividends earned on Share and IRA Certificates
*Please verify special rates at (256) 378-5559 or 800-237-9789, Option 4.
Savings Rates
Share & IRA Certificates
Share Certificates offer higher dividend rates than Share Savings or IRA accounts on funds invested for a specific term or amount of time. Please note that an IRA certificate does not offer a monthly paid dividend option.
| Term | APY* |
|---|---|
| 6 months | 4.25% |
| 12 months* | 3.75% |
| 24 months** | 3.00% |
| 36 months** | 2.75% |
| 48 months** | 2.75% |
| 60 months** | 2.75% |
| *APY = Annual Percentage Yield. **The Bump-Up option is available on new certificates with 24 months or greater terms. Contact a Member Service Representative for details and restrictions. Certificate yields are effective April 24, 2025, and accurate as of April 24, 2025. RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. CONTACT CREDIT UNION TO VERIFY CURRENT RATES AND YIELDS. The minimum deposit required to open a certificate is $500.00, which is the minimum balance to earn the stated rate. Early withdrawal penalties may apply on share and IRA certificates. Fees or penalties assessed to the accounts may reduce earnings. | |
How much do I need for emergencies?
It is prudent planning to have at least three to six months of liquid/cash assets set aside in the event of a loss of job, medical emergency, short-term disability, etc. Use this calculator to help determine how much you need to set aside monthly or as a lump sum to create an emergency fund.The calculators are made available to you as self-help tools for your independent use and are not intended to provide financial advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.