These investment accounts are a smart way to build short or long-term investments yields. Take a look at how our Term Share Certificate Accounts can help add to your investment portfolio:
- Flex Share Certificates. You can choose your own term from 6 to 36 months.
- Dividend distribution options. Have your dividends deposited into another
FAFCU account upon maturity or deposited into the certificate.
- Automatic rollover at maturity. Unless you instruct us otherwise, your investment will renew automatically and continue to earn dividends for the same term at the current rate on the date of maturity.
- Competitive yields. To assure that FAFCU offers the best yields possible, we
constantly monitor our competition and provide among the best rates in the
marketplace.
- Financial stability. Your investments with FAFCU are insured up to $100,000
by the National Credit Union Administration (NCUA), the strongest federal
insurance fund.
Terms are 24 months and 48 months. Earnings rate is tied to the Dow Jones Industrial Average Index. If the Dow goes up, your dividend goes up. If the Dow goes down, you won't earn dividends - but your principal investment is always protected. Dividends are equal to a percentage (called a "multiplier") of the Dow increase. The multiplier is declared at the start of each offering period (about every two weeks).
