Last Updated: 04/18/2025
Arkansas Health Center FCU Share Certificates
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
1.00%(Verified 07/17/2024)
Minimum Opening Deposit
$2,500
Certificate Term
12 months
Arkansas Health Center FCU Share Certificates Review
Arkansas Health Center FCU Share Certificates are offered by Arkansas Health Center Federal Credit Union, a credit union founded in 1953 and based in Benton, AR. Arkansas Health Center FCU Share Certificates are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Only one share certificate type available. Arkansas Health Center FCU Share Certificates only offers traditional share certificate accounts.
- Higher than average APY. Arkansas Health Center FCU Share Certificates has an annual percentage yield of up to 1.00%, which is higher than the national average for 3-month CDs.
- High minimum deposit. You must deposit a minimum of $2,500.00, which is high compared to most certificate accounts.
- Limited selection of share certificate terms. Arkansas Health Center FCU Share Certificates only offers one share certificate term. This limits your options when trying to set up a certificate ladder.
Pros & Cons of Arkansas Health Center FCU Share Certificates
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Arkansas Health Center FCU Share Certificates FAQ
Are share certificates from Arkansas Health Center Federal Credit Union federally insured?
Yes, your share certificates are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
What is the difference between CDs and Share Certificates?
Certificates of Deposit (CDs) and Share Certificates are both deposit accounts where your money can grow at a fixed rate for a predetermined period of time. Both are low-risk and federally insured products designed to give you a better rate on your deposits than typical savings accounts. The main difference between them is that CDs are offered by for-profit banks, whereas Share Certificates are offered by member-owned, not-for-profit credit unions.
What types of share certificates does Arkansas Health Center Federal Credit Union offer?
Arkansas Health Center FCU Share Certificates provides the following types of share certificates.- Traditional share certificates. These share certificates pay a fixed interest rate if you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or automatically renewing the share certificate for another term.
What rates does Arkansas Health Center Federal Credit Union offer on its share certificates?
The share certificate rates for this account have an APY of1.00% (APY stands for annual percentage yield, rates may change).
What terms does Arkansas Health Center FCU Share Certificates offer?
Arkansas Health Center Federal Credit Union offers share certificate terms of the following lengths:| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Term | 12 months | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12-Month APY | 1.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 1.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum deposit to open a share certificate account with Arkansas Health Center Federal Credit Union?
Arkansas Health Center FCU Share Certificates require a minimum deposit of $2,500.00 to open an account.
What is the grace period for Arkansas Health Center FCU Share Certificates?
Arkansas Health Center FCU Share Certificates does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your share certificate without paying an early withdrawal penalty. A grace period starts the day after a share certificate’s maturity date, or the final day a share certificate is opened. Standard share certificates renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new share certificate rates probably won’t be the same as the original.
What types of fees, such as early withdrawal penalties, does Arkansas Health Center Federal Credit Union charge?
Financial institutions don't typically charge many fees on share certificates. However, most charge a fee if you choose to withdraw your money before the term ends.
Arkansas Health Center Federal Credit Union charges an early withdrawal fee.
Arkansas Health Center Federal Credit Union does charge any of the fees we track.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 4:30PM
Tuesday
9:00AM - 4:00PM
Wednesday
9:00AM - 4:00PM
Thursday
9:00AM - 4:00PM
Friday
9:00AM - 4:30PM
Saturday
Closed