Share or Savings Certificates
When you open a Share or Savings Certificate account at VAPR, you see how your savings grow even more. Choose your expiration term, which can be between three months and five years. Dividends are paid monthly, quarterly or at the expiration of the chosen term; they can also be added to the principal.
It is important to note that if you need to withdraw money before the expiration term, a penalty will be applied. Share or Savings Certificates, like all share accounts, are insured up to $250,000.00 by the NCUA, an agency of the federal government.