Certificates

Save your money where it is guaranteed to yield a higher return. An AltaOne Term Share Certificate allows you lock in your rate of return for a fixed term.

We offer several term lengths, so you can choose when you want to cash out. The longer you wait, the higher your rate of return. Invest in a Term Share Certificate today.


Minimum Account Balance	Term Share Certificates: $500 Terms: 6, 12, 24, 36, 48 and 60-month. 18 month Bump-Up Certificate: $5,000 30 month Bump-Up Certificate: $10,000
Bump-Up Option	Our 18 and 30-month bump-up certificates are eligible for the bump feature which allows members to bump their rate to the current rate of the same certificate. Members are allowed to bump once for an 18-month certificate and twice for a 30-month certificate.
Service Charge	No monthly service charge.
Withdrawal Penalties	6 month - 30 days loss of dividends.¹ 12-48 month - 90 days loss of dividends.² 60 month - six months dividends.³
Dividends	Certificates use a tiered fixed rate structure. Refer to our Rates page for the current rates. Dividends are calculated on the daily balance, paid quarterly, may be re-invested (compounded), credited to another account or paid to member.
Statements	Statements are sent quarterly.⁵
Renewal	Certificates automatically renew at maturity, unless otherwise established at account opening.⁴

¹ If closed before 30 days, the penalty is whatever dividends have been earned.
²If closed before 90 days, the penalty is whatever dividends have been earned.
³If closed before six months, the penalty is whatever dividends have been earned.
⁴To prevent renewal, the member must provide a written notice before maturity of the intention not to renew. Members receive a renewal notice approximately one month prior to maturity.
⁵If the account has a Share Draft Checking account, Traditional or AltaAdvantage Money Market or any loan then they are sent monthly. Members have the option to receive paper statements in the mail, or electronic statements through Online Banking.

Other Savings Account Options

Call or visit your nearest member service center for more information.

Certificates

Minimum Account Balance

Bump-Up Option

Service Charge

Withdrawal Penalties

Dividends

Statements

Renewal

Other Savings Account Options