Share Certificates

Our Signal Smart™ Share Certificates offer flexibility to manage
your long-term savings your way

Signal Smart Share Certificates are better than ever—with as little as $500 to open and a variety of options to choose from, you can bank smarter, not harder to build your long-term financial security.  

Share Certificate Dividend Rates

Share Certificate: TermAmount to OpenDividend RateAnnual Percentage Yield
6 Months$5004.85%4.969%
12 Months$5005.00%5.127%
24 Months $5004.70%4.812%
36 Months$5004.24%4.331%
48 Months$5004.18%4.268%
60 Months$5004.11%4.195%

Extend Your Term

Take advantage of the prevailing rate when you extend your term by six (6) months or more²—this allows more time to build your investment to meet its maximum potential.

Already a Member?

There are four ways to add a Signal Smart Share Certificate to your account. You can:

  • Log into Signal’s online banking and mobile app. Select “Add a Product” under the Accounts tab and follow the steps.
  • Send a secure message via online banking and we will get back to you with next steps
  • Book an appointment to visit your local branch
  • Complete this contact form and a member of our Signal Team will reach out

Rates effective May 16, 2024.

1 Options to add funds, conduct penalty-free withdrawals, or extend terms are not available for Individual Retirement Account (IRA) Share Certificates and Coverdell Education Savings Account (ESA) Certificates.

2 To qualify for a term extension, the new term must extend the remaining term by at least six (6) months. The extended certificate will receive the prevailing dividend rate for the new term.

*DIVIDEND PERIOD — For each certificate, the dividend period is the certificate’s term. The dividend period begins on the first day of the term and ends on the maturity date. If a certificate term is extended, the new dividend period begins the first day of the term extension and ends on the new maturity date. For only the 10 month diamond anniversary certificate; If an account relationship is upgraded within 75 days to the Premium Bundle, the new Premium rate will be effective on the date of account change to the Premium Bundle. The new dividend rate and period starts from the date of change to the premium bundle, and accrued dividends will be paid on the date of the account change to premium bundle.

DIVIDEND COMPOUNDING AND CREDITING — Dividends are compounded daily and credited monthly. If a certificate term is extended, accrued dividends for the original certificate term will be credited on the first day of the term extension.

BALANCE INFORMATION — To open a share certificate, you must deposit a minimum of $500. The minimum amount required to earn dividends on the certificate term is $500 unless otherwise stated. Dividends are calculated by the daily balance method which applies a daily periodic rate to the end of day balance in the certificate each day.

ACCRUAL OF DIVIDENDS — Dividends will begin to accrue on cash and noncash deposits (e.g., checks) on the business day you make the deposit to your certificate. If you close your certificate before accrued dividends are credited, accrued dividends may not be paid.

TERM EXTENSION — To qualify for a share certificate term extension, the new term must extend the remaining term by at least six

(6) months. The rate will be adjusted to reflect the current rate for the new term at the time of the term extension. Keogh Retirement Account (IRA) Share Certificates and Coverdell Education Savings Account (ESA) Certificates are not eligible for term extensions.

MATURITY — Your certificate will mature as stated on this Share Certificate Disclosure, your Receipt, and Renewal Notice. Promotional share certificate of the 10 month Diamond Anniversary will renew at the 12 month term and rate on the date of maturity. You have ten (10) calendar days AFTER maturity to make changes to your certificate without incurring a penalty. Penalties may reduce the principal balance

EARLY WITHDRAWAL PENALTY — We may impose a penalty if you withdraw funds from your certificate before the maturity date.

a. Amount of Penalty. The amount of the early withdrawal penalty is based on the following schedule:

b. How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the certificate. It applies whether or not the dividends have been earned. In other words, if the certificate has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal. Partial withdrawals are not allowed

c. Exceptions to Early Withdrawal Penalties. At our option, we may pay the certificate before maturity without imposing an early withdrawal penalty under the following circumstances:

-When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

Additional Deposits* – The 10 month Diamond Anniversary certificate allows deposits to be made for up to 75 days, including date of opening. Minimum deposit required is $500 for each additional deposit. On the 76th day of the term, additional deposits will no longer be allowed. Additional deposits are not allowed for IRA Share Certificates or any other share certificates.

RENEWAL POLICY — The certificate will automatically renew. The 10 month Diamond Anniversary share certificate will renew at the 12 month term and rate at the time of maturity.   You have a grace period of ten (10) calendar days after maturity in which to add funds or withdraw funds in the certificate without being charged an early withdrawal penalty.

NONTRANSFERABLE/NONNEGOTIABLE — Your certificate is nontransferable and nonnegotiable.