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Members with money available to invest in insured funds should consider a Share Certificate of Deposit with Rocket City Federal Credit Union. Competitive rates are paid on credit union Certificates and dividends are allowed to compound quarterly on the Certificate. When comparing Certificate rates be sure to compare the Annual Percentage Yield (APY) because some other Certificates do not allow the dividend to compound on the Certificate. Time deposits available include 6 month, 12 month, 18 month, 24 month, and 36 month maturities. Substantial penalty is in effect for early withdrawals.
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