The formula for saving money is
For a limited time, Magnolia FCU is offering a superb rate on Share Certificates. Stop by a branch today or email firstname.lastname@example.org to secure your new Share Certificate.
1.75% APY* for 12 months
2.50% APY* for 36 months
*APY = Annual Percentage Yield, rates available as of 10/22/2018, no minimum balance required to receive the APY, no minimum amount to open, a penalty may be imposed for early withdrawal. After the initial term, the certificate will automatically renew as a standard, 12 month Share Certificate at the rate available at the time of maturity.
The best way to make that formula work is to put your money into a Share Certificate where you can earn a fixed rate of return with no surprises or rate changes. Stop by a branch or email email@example.com to get started!
*Early withdrawals: for certificates with a term of one year or less, the amount of the early withdrawal penalty is 30 days dividends calculated on the amount withdrawn. For certificates with a term of more than one year, the amount of the early withdrawal penalty is 90 days dividends calculated on the amount withdrawn.