Our new Pick-A-Term certificate product allows you to choose the term you want and earn the same rate. Members can select either a 3, 6, 9, or 12 month term and earn 4.25% APY. You no longer need to choose a longer term to earn a higher rate. Pick the term that best meets your savings needs.
Competitive Rates
Our Pick-A-Term Share Certificate224 provides one of the most competitive rates on the market while also giving you the option to pick the term that meets your needs
C) Early Withdrawal Penalties: A penalty may be imposed for withdrawals before maturity for certificates: a) If your account has an original maturity of less than 12 months, the penalty we may impose will equal the greater of $100.00 or 90 days earnings. b) If your account has an original maturity of 12 months or more, the penalty will equal the greater of $150.00 or 180 days earnings. For more information, please refer to Provident's Member Agreement. c) For Youth Add-On certificates the penalty we may impose will equal 180 days earnings.
DDD) Limited time offer. Dividend rates are fixed for the term of the certificate and are not subject to a tiered rate.
The minimum opening deposit is $10,000. Deposits cannot be added to this certificate once it has been opened. Institutional deposits are not eligible.
At maturity, the 3 Month Pick-A-Term Certificate will automatically renew to the same term at then prevailing rate. 6 Month Pick-A-Term Certificate will automatically renew to the 6 Month Certificate fixed rate and the 9 Month and 12 Month Pick-A-Term Certificates will renew to the 12 Month Certificate fixed rate in effect at that time.
Frequently Asked Questions (FAQs):
Disclosures
130) APY = Annual Percentage Yield. Dividend rates are fixed for the term of the certificate. Rates are valid as of 3/7/2023 and are subject to change.
224) Penalty for early withdrawal may be assessed and may reduce earnings for all term share certificates.
229) Limited time offer. May be extended or withdrawn without notice. Membership required. Dividend rates are fixed for the term of the certificate. Early withdrawal penalty may apply.
Cookie Consent
This website uses cookies and other tracking technologies to enhance site navigation and analyze usage. By clicking "Accept", you agree to the storage of cookies on your device per our Cookie Policy.