Risk Free Investing

Share Certificates of Deposit

Share Certificates of Deposit (CDs) are a terrific investment alternative and can earn a much greater dividend rate than traditional savings accounts. With Share Certificates of Deposit options ranging from six months to 60 months, it’s easy to take advantage of an investment that will really pay off.

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Your savings in PrimeWay are insured up to $350,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) and private insurance by the Excess Share Insurance (ESI) Corporation. Click here for complete details.

Share Certificates

Higher dividend rates and no risk make PrimeWay's share certificates/CDs a popular way to save.

Account Features

 

  • Earn higher dividends
  • Safe investment alternative
  • Choose from 6 months, 12 months, 24 months, 36 months, and 48 month terms
  • Minimum deposit only $500
  • Funds insured by the NCUA and ESI

 

Step Up Share Certificate

For those looking to invest less, but still save faster and earn a better dividend on your savings, look to the Step Up Share Certificate*. It can be opened with $250 and regular installments of $25 or more. And after 6 consecutive installment payments of $25 or more,  you have the option to increase your rate once by .50 basis points during the course of the CD.  The CD can't be used as collateral.

Account Features

 
  • Earn higher dividends
  • Safe investment alternative
  • 12 - Month CD**
  • NCUA insured funds

Details

Step-Up Share Certificate opening balance

$250

Step-Up Share Certificate minimum

$25 per month regular installments

Standard Share Certificate opening balance

$500

Minimum Standard Share Certificate balance

$500

Monthly service charge

None

Withdrawal fee

None

Dividend-bearing***

Yes

Services

  • 24/7 account access through NetLink (online), MemberLink (phone) or worldwide ATMs.
  • One Monthly statement for all your accounts
  • PrimeWay Investment Resources for all your financial management services
  • And more valuable member benefits!

 

*Can't be used as collateral. *The CD is non-renewable. ***Dividends are calculated on an average daily balance. Dividends are compounded and paid monthly. Refer to your Rate Schedule for the current interest rate. If you close your account before the end of the month, you will not receive accrued dividends.† All automobile, motorcycle, computer, boat and RV loans up to 60 months only. ‡ Line of credit overdraft protection requires a separate loan application, subject to credit approval.
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