Important News, 3/29/2023: The Van Cortlandt Cooperative Federal Credit Union Annual Meeting will be held virtually via Zoom on Monday, April 17, 2023 at (Click here for more Info)
UNFORTUNATELY AS OF MAY 7, 2020 – WE ARE NOT OFFERING SHARE CERTIFICATES AT THIS TIME
Share certificates are a great way to put money away and earn a higher dividend rate than you would normally get in a regular share savings account. The minimum balance for a certificate is $500.00, and interest is not compounded. There is an early withdrawal penalty of one month’s interest. It is easy to start a certificate, and it can be done through an IRA, too. When your certificate matures, you can withdraw all or some of it, or let it roll into a new certificate at the current market rates.
If you are interested in opening an IRA share certificate, stop by our branch or call 718-549-5858 to request the documents.
To open a Share Certificate account by mail, follow these simple steps:
Van Cortlandt Cooperative
Federal Credit Union
3960 Hillman Avenue, Grnd B
Bronx, NY 10463