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Certificates of Deposit

SELCO offers high-yield Certificates of Deposit with terms from six months to five years. The minimum amount to open a certificate is $1,000. Dividends are compounded and paid quarterly. There is a penalty for early withdrawal.

For the investor who wants a guaranteed higher interest rate, Certificates of Deposit offer guaranteed earnings over a set amount of time. Ideal for long term savings, Certificates may be purchased in amounts of $1,000 or more. Interest rates vary according to the length of the term.

  • Certificates generally earn higher dividend rates than regular savings or Money Market accounts.
  • Dividends earned on certificates may be transferred quarterly to your share or checking account or added to your certificate balance.
To open any savings, checking, or deposit account, please call SELCO at
686-8000
or toll-free at (800)445-4483


Use these instant options to access your accounts from home or work:
ATM Card I Debit Card I Online Banking I Phone Banking

Current Rates I Financial Calculators

 

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