Business Term Share Certificates
- PSFCU offers a wide variety of Business Term Share Certificates with different terms and tiers at a competitive dividend rate, thus giving you the choice of the term that is just right for you
- At maturity, Business Term Share Certificates may be automatically renewed or transferred to a PSFCU account of your choice
- You get to decide if the earned dividends are transferred to any other share or are added to the Business Term Share Certificate. Transferred dividends are available for withdrawal without penalties
- You may use your Business Term Share Certificate as collateral to easily obtain share secured loan
- NCUA Insured
To enhance your banking experience, we invite you to use our companion services.
How to sign up
- To open a Term Share Certificate, visit one of our branch locations. For additional information please contact our Member Services Center at 1.855.PSFCU.4U (1.855.773.2848).
Requirements and Restrictions
- To open a Term Share Certificate you must have an established Business Savings account
- A minimum balance of $500 is required
- Early withdrawal penalties apply
- Other Rules and Restrictions may apply
Business Term Share Accounts
| Term Share Account: $500 - $49,999 | ||
| Effective Date: 01/27/2023 | ||
| Term | Dividend Rate | APY* |
| 6 months | 0.55% | 0.55% |
| 9 months | 0.65% | 0.65% |
| 1 year | 0.95% | 0.95% |
| 5 years | 2.23% | 2.25% |
| 6 years | 2.47% | 2.50% |
| *APY - Annual Percentage Yield; Minimum to earn disclosed APY - $500. Early withdrawal penalties may apply. All rates are subject to change without prior notice. | ||
| Term Share Account: $50,000 - $89,999 | ||
| Effective Date: 01/27/2023 | ||
| Term | Dividend Rate | APY* |
| 6 months | 0.55% | 0.55% |
| 9 months | 0.65% | 0.65% |
| 1 year | 1.09% | 1.10% |
| 5 years | 2.96% | 3.00% |
| 6 years | 2.96% | 3.00% |
| *APY - Annual Percentage Yield; Minimum to earn disclosed APY - $500. Early withdrawal penalties may apply. All rates are subject to change without prior notice. | ||
| Term Share Account: $90,000 and over | ||
| Effective Date: 01/27/2023 | ||
| Term | Dividend Rate | APY* |
| 6 months | 0.55% | 0.55% |
| 9 months | 0.65% | 0.65% |
| 1 year | 1.24% | 1.25% |
| 5 years | 3.44% | 3.50% |
| 6 years | 3.44% | 3.50% |
| *APY - Annual Percentage Yield; Minimum to earn disclosed APY - $500. Early withdrawal penalties may apply. All rates are subject to change without prior notice. | ||
