Share Certificates

Share Certificates offer higher dividend rates than the Share savings account on funds invested for a specific term or amount of time.

At Coosa Pines, we offer convenient terms ranging from 6 months to 60 months and may offer Certificate Specials from time to time. The minimum balance for opening a Share Certificate is $500, regardless of the term.

The majority of Share Certificates feature dividends are compounded quarterly, with the exception of 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 is not compounded on monthly paid dividends, as dividends must be paid directly to the member either by transfer or check. There may be a penalty for early withdrawals of funds in excess of dividends earned.

Fees could reduce the earnings on the account.

For more information, contact a Member Service Representative.