SHARE CERTIFICATES

WATCH YOUR MONEY GROW WITH A FIRST NRV SAVINGS CERTIFICATE!

Share Certificates are virtually the same as that of a Certificate of Deposit (CD), except they don’t share the same name! These accounts are initially opened up with a specific amount of money, but once they are opened the funds within the account cannot be withdrawn until maturity - or penalties will apply to the interest earned - and you cannot deposit any additional funds to the account once the initial deposit has been made to the certificate.

Here's how Share Certificates and Savings Certificates work:

• Initial Deposit: You open the certificate with a specific amount of money. This initial deposit sets the stage for your interest earnings.

• Term Length: You choose a term length for the certificate. This is the period your money will be locked into the account.

• Limited Withdrawals: Unlike traditional savings accounts, you generally can't withdraw money from a certificate during the term without facing penalties. This penalty usually comes in the form of forfeited interest.

• No Additional Deposits: Once you've made your initial deposit, you typically can't add more money to the certificate throughout the term.

To access the money in these accounts, you must allow the pre-disclosed term to reach full maturity. Once the account has reached the end of its term, you may access the money or roll it back into another Share Certificate so you can earn more interest on the deposited funds.

Promotional Offers on Share Certificates are not eligible for renewal at the promotional rates. No exceptions will be made.After the initial maturity of a First NRV Share Certificate Account, there is a 10-day grace period to make changes to the renewal and/or disbursement method.

Share Certificate Rates