A share certificate pays a higher rate than the Regular Savings Account or the Investment Plus Account. These accounts are offered for a term of three months to thirty months. Dividends on the three and six month certificates are paid at maturity. All other certificates offer quarterly dividends. Certificates will automatically renew for the same term and at the new rate that is being offered at maturity.
Young Scholar's Certificate
Young Scholars Club offers traditional savings for your child. You may also wish to set up a certificate in the child's name- which can be added to in increments of $100 throughout the life of the certificate. These certificates earn the same competitive rates as all of our certificates. A joint checking account is also available. Please call or visit with one of our Member Service Representatives for more details.
Individual Retirement Accounts
A Share IRA may be opened for as little as $25.00. Deposits may be made through payroll deduction on a regular basis. Once a balance of $500.00 is reached in this account, IRA savings may be transferred to an IRA Share Certificate. These accounts are for terms of 18, 24 or 30 months.
IRA accounts may be opened for Traditional, Educational, and Roth IRAs. Consult your tax advisor about the benefits of IRA accounts.
A certificate, IRA or Pension that has matured at another institution may also be transferred to Carolina Collegiate Federal Credit Union, often at better terms and at higher rates of return.
For more information concerning IRAs, visit the Internal Revenue's IRA site.
Click here for current rates.
Click here to apply.
Click here for disclosures.
Comparing Your IRA Options [PDF Format]