Cincinnati Postal Employee's Credit Union!

CERTIFICATES

This account offers a place for long term investments. The monies placed in a certificate should be funds you do not need for everyday expenses. Certificates usually pay a much higher dividend rate than other savings products because you are agreeing to keep the funds in the account for a specified amount of time. There are several kinds of certificates available for all savers. Keep in mind that withdrawal of funds prior to a maturity date carries a penalty, and in some cases an IRS penalty. Certificates may require different minimum amounts to open the certificate. Withdrawals from a certificate are not allowed. The certificate must be closed and can be reopened with a new amount as long as the minimum amount required is deposited. Click here to view the certificate rates.

Regular Share Certificate

This certificate requires a minimum deposit of $500.00 and terms from 182 days to 5 years. The dividends are paid monthly and at maturity. The dividends are posted on the 1st day of each month and on the maturity date. The dividends can be paid to your share or share draft account monthly and at maturity or the dividends can capitalize in the certificate. A penalty may be charged for early withdrawal. This account is available to be pledged on a Certificate Secured Loan. Click here to view the rates available for the varying terms on this account.

Payroll Deduction Share Certificate

This certificate requires a minimum deposit of $25.00 per payday, which should make it available to all members. This certificate sets up a way for you to start a consistent savings plan at a much higher rate than the regular share account. The terms available for this certificate are 15 months and 24 months. The dividends are paid monthly and at maturity. The dividends are posted on the 1st day of each month and on the maturity date. The dividends can be paid to your share or share draft account monthly and at maturity or the dividends can capitalize in the certificate. A penalty may be charged for early withdrawal. This account is available to be pledged on a Payroll Deduction Certificate Secured Loan. Click here to view the rates available for the varying terms on this account.

By member choice accounts are insured by ASI for up to $250,000. This institution is not federally insured, and if the institution fails, the Federal Government does not guarantee that depositors will get back their money. MEMBERS ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.

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