Share Certificates

Thanks to certificates, more young people are going to college.

Young couples have the down payment on their first home, and retirees have a supplement to their other retirement benefits. Certificates are a great way to earn a higher interest rate on your savings deposits without tying up your assets for long periods of time.

We offer certificates of 6, 18, 36 or 60 months.

By saving a little from each paycheck, you will soon have enough to invest in a certificate. With as little as $500, you can start earning certificate rates. When a certificate matures, we automatically renew it for the same number of months unless the funds are withdrawn. Of course, you receive prior notice and have a grace period in which to change the terms. There is a substantial penalty for early withdrawal.

Current Rates for IRA/Tiered Share Certificates

Term <$100,000 Rate (APY*) >$100,000 Rate (APY*)
6 months .10%/.10% .18%/.18%
18 months .25%/.25% .30%/.30%
36 months .35%/.35% .40%/.40%
60 months .70%/.70% .75%/.75%

*APY is Annual Percentage Yield. Rates subject to change without notice.

Membership Eligibility

You must live, work, worship or attend school in Wayne County, North Carolina or be an existing member to be eligible to open share certificates with us. If you are a new member, we will open your required Primary Savings (membership) account (you just need $1 to open this) when you come to open your certificate.

Open In Person

Visit a branch to open your share certificate.

IRAs Locations and Hours


When you come to complete your account opening, bring the following:

Valid Driver's License
Must list CURRENT address. If address IS NOT current, bring a recent bill, bank statement or lease agreement detailing current address.
Secondary Identification
Social Security card OR government issued document (tax return, w2, etc.) listing your FULL SS #
Minimum Deposit
$500 minimum opening balance.