Junior Term Share Certificates
IT's NEVER TOO EARLY TO START SAVING
Help your child start building his savings nest egg with a Spero Junior Term Share Certificate. To jump-start their savings, take advantage of our limited-time certificate special of 1.25% APY1. Plus, soar higher by bumping up the rate once during the 24-month term.
Here's how it works:
A Junior Term Share Certificate is designed for children under the age of 18. Benefit from earning even more than a traditional savings account with as little as $250 to get started. It's a great way to start building a strong savings portfolio.
- $250 minimum opening deposit
- 6 to 48-month term options
- Certificate dividends paid at maturity for 6 to 11-month terms and quarterly for 12 to 48-month terms
It’s your money. You should have access to it whenever you’d like!
Last, but not least:
1The Annual Percentage Yield of 1.25% is valid on 24-Month Bump-Up Certificates beginning on 06/1/2022. Promotion is subject to change, cancellation, or renewal without notice. A minimum opening deposit of $250 is required. Early withdrawal fees could reduce earnings and principal on the account. You may elect to change the rate on the Bump-Up Certificate once during the original term of the certificate. To request a rate change, an owner of the certificate must contact the Credit Union by calling us at 800-922-0446 or by visiting a branch. The rate on the Bump-Up Certificate will be changed on the date the Credit Union receives the request to the current rate published by the Credit Union for 24-month certificates, excluding promotional rates, and will remain in effect until the original maturity date. At maturity, unless you instruct us otherwise, the Bump-Up Certificate will automatically renew as a 24-month certificate (with no “bump up” feature). The availability of the rate increase option neither implies nor guarantees that our rates will increase during the term of the 24-Month Bump-Up Certificate.
2For every Certificate, members will receive a notice of renewal one month prior to its maturity.