Share Certificates

Share certificates are a type of credit union savings account very similar to the certificates of deposit, or CDs, offered at banks. These accounts usually offer higher yields than regular savings accounts; in exchange, you leave your money in the account for a specified amount of time. Longer lengths tend to have better rates than shorter ones. If you withdraw your money too early, you can be charged a penalty.

In addition, money put into one of these accounts by members of federally insured credit unions is safe. Share certificates and other accounts are generally insured for up to $250,000 through the National Credit Union Administration, or NCUA.

NOTICE: Effective December 31, 2018, Monmouth FCU will permanently close its Greene branch located at 19A Patten Road. For more details, please refer to your statement insert or special mailing received in November 2018. It is our hope that you continue to appreciate the value that your Monmouth FCU membership provides you and your family. Please call 207-933-2667 with any questions or email cblais@monmouthfcu.com