Term Share Certificates: The Risk Free Way to Save Money

Posted by GO Federal Credit Union on October 25th, 2018

In today’s world, saving money has become an essential aspect of life. We have to save for kid's college education, a new car, a new home, or retirement. Saving your money is a way to ensure that when life throws you lemons, you can buy the sugar to make lemonade.

Credit unions in Dallas, such as GO Federal Credit Union are offering a great opportunity to save or invest your money with a risk-free option. Term Share Certificates are an easy and reliable way to save and protect your money. Not only is it risk-free, but you also have control. Your money is yours.

What is a Term Share Certificate?

Term share certificates are the equivalent to a certificate of deposit (CD) at a bank. They primarily work the same way, but at GO Federal Credit Union in Dallas, you will obtain better rates. A standard savings account is excellent, but receiving a term share certificate is more effective at reaching your monetary goals.

Terms of the Term Share Certificate

When you visit Go FederalCredit Union at a branch or on-line to inquire about a term share certificate, you will find the following information.

•    USD 1,000 minimum deposit is required
•    Choose a term ranging from 6 months to 5 years
•    Once the initial deposit is completed, no additional deposits can be made

Term Share certificates are a jewel in the crown of Dallas credit unions. This type of savings account allows you to make a deposit and sit back while the numbers grow. GOFCU will give you a fixed rate,no need to worry about rate changes over time as yours is locked in.

In conclusion, a term share certificate is available at GO Federal credit union in Dallas. This risk-free savings option is an excellent way to save for whatever life hands you.

About Go Federal Credit Union

Based in Dallas TX, GO Federal Credit Union has committed itself to empower its members through meeting their various financial needs. Like any other credit union, GOFCU is also a non-profit financial institution.

Federally insured by NCUA and Equal Housing Lender

Like it? Share it!


GO Federal Credit Union

About the Author

GO Federal Credit Union
Joined: May 20th, 2018
Articles Posted: 21

More by this author