Must be eligible for membership and open a share saving account in order to join RFCU and obtain a share certificate. Minimum balance of $5.00 is required to open and be maintained in share savings account. Fees and other restrictions may apply. Fees and other conditions could reduce earnings on account. A penalty will be imposed for early withdrawal of principal prior to maturity.
Member’s Choice Certificates are available for a limited time only. Rates, terms, and conditions are subject to change at any time. Minimum balance required to open, maintain the regular certificate account, and earn the APY is $1000. Minimum balance required to open and maintain the jumbo certificate account and earn the APY is $100,000. Option to open multiple Member's Choice Certificates is available. Member’s Choice Certificates are not available as jumbo certificates. Must have online banking username and PIN/password to open share certificate online.
Non-compounding share certificate option will have dividends credited to the primary share account. Dividends cannot remain on a non-compounding share certificate. The payout of dividends is mandatory.
After 90 days from Member’s Choice certificate opening date, members may request a change to current dividend rate applicable to that certificate term. Future rate changes may be requested every 365 days after the last rate change to certificate. RFCU cannot guarantee future increases of certificate rates. Rate change request must be initiated by the member, either in writing or by telephone call.
*Must have open and active checking account to qualify for Redstone MemberPlus! dividend rates. Refer to the Rates web page and the Share Certificate Account Rate Sheet for current dividend rates and APYs.