A way to earn higher dividends by locking your funds in for a set term
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Overview
Why get Share Certificates from HFS?
Make your money work for you while you save and profit from the dividends earned. You can select terms ranging from 6 months to 5 years – all at competitive dividend rates.
- Fixed Annual Percentage Yield (APY)
- Minimum deposit of $2,500
- Dividends deposited monthly into your designated Savings or Checking Account
Additional Info
Have your opening deposit transferred from your Savings Account or bring cash, check, or Money Order to any of our six convenient locations.
1A minimum deposit of $2,500.00 is required to earn the stated Annual Percentage Yield (APY). The stated APY is based on a 60 month term. Rates subject to change. Share Certificates may be subject to a penalty for early withdrawal. Fees may reduce earnings.
Membership with the Credit Union is required and open to all who live, work, worship, attend school, volunteer or participate in associations headquartered on the island of Hawaii. A non-refundable $1.00 fee is required to establish membership. A minimum opening balance of $50.00 is required to open a savings account. -
Reviews
Share Certificates Reviews
by LongtimecustomerDisapointed that interest does not compound.This CD should be sold with the words "simple interest rate" someplace prominent.
My Review
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Rates & Fees
Rates Effective as of: 09-25-2023
Share Certificates
Term Suffix Dividend Rate Annual Percentage Yield (APY) Minimum Deposit2 6 Months S6 0.35% 0.35% $2,500.00 12 Months S12 0.45% 0.45% $2,500.00 18 Months S18 0.55% 0.55% $2,500.00 24 Months S24 0.75% 0.75% $2,500.00 36 Months S36 0.90% 0.90% $2,500.00 48 Months S48 1.10% 1.10% $2,500.00 60 Months S60 1.25% 1.25% $2,500.00 Effective Date: May 1, 2017
1A minimum deposit of $2,500.00 is required to earn the stated Annual Percentage Yield (APY). The stated APY is based on a 60 month term. Rates subject to change. Share Certificates may be subject to a penalty for early withdrawal. Fees may reduce earnings.
2A minimum deposit of $2,500.00 is required to earn the stated Annual Percentage Yield (APY). Rates subject to change. Share Certificates may be subject to a penalty for early withdrawal. Fees may reduce earnings.Additional Info
Funds can be withdrawn from a certificate at any time however there is an early withdrawal penalty based on the term of the account.
- Terms of 12 months or less incur a penalty of 30 days’ dividends
- Terms of longer than 12 months incur a penalty of 90 days’ dividends
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FAQ
Frequently Asked Questions
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What type of interest accrues on an HFS Share Certificate?
HFS Share Certificates pay dividends monthly and is calculated at simple interest.
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What type of interest accrues on an HFS Share Certificate?
Helpful Links
Questions?
Drop us a message anytime with your questions about Share Certificates.
