Certificates

Share Certificates earn competitive rates while requiring low minimum deposits. Certificate terms range from three (3) months to five (5) years. Dividends are calculated daily and paid monthly. Dividends can be transferred to another HMFCU account or mailed by check monthly to member. There is a penalty for early withdrawal.

Flex Certificates

Need some more flexibility? Flex certificates have terms from twelve (12) months or eighteen months (18) months. One penalty free withdrawal during the term. One rate change during the term. AND you can make deposits of $100 or more throughout the term.

Bump Up Share Certificates (Promotional Only)

Fixed terms of 18 or 36 months.
One time option to bump up rate anytime during the life of the certificate for 18 month certificate and two times option to bump up rate anytime during the life of the 36 month certificate.
Bump Up rate will match rate currently in effect at time Bump Up option is exercised for the 18 or 36 month Bump Up Share Certificate.
New rate will carry forward from the date of increase and will not be retroactive.
$1,500 minimum to open Bump Up Share Certificate.
Early withdrawal penalty applies.

Market Index Certificates-High Rewards Without High Risk

In the stock market, what goes up, must come down...eventually. Now you can defy gravity with a Market Index Certificate. If you are one of the 52% of Americans who are reluctant to invest in a risky Stock then a Market Index may be for you. This insured IRA, and non-IRA, investment gives you the opportunity to earn stock market-like returns without risking your deposit.

Market Index Certificates are based on the S&P 500 Composite Stock Price Index. If the Index is higher on the day your certificate matures than on the day it was established, you earn a percentage of the increase. If the Index goes down, no dividends are earned -- but your principal remains secure and federally insured.

Market Index Certificates offer you the choice of 1-, 2-, 4 or 7-year maturities, and are federally insured by the National Credit Union Administration.

Market Index Certificate Features

Affordable $1,000 minimum investment
Market returns with no risk to principal
For your safety, deposits are protected by NCUA
No sales or investment management fees