Term Share Certificates

If you’re looking to get a greater return on your savings but don’t want to make a risky investment, a Term Share Certificate could be your best option. You receive a higher return without tying up your money for an extended amount of time. As a member of Fort Bragg Federal Credit Union, you have access to Term Share Certificates with competitive rates and member-friendly features.

A Term Share Certificate from Fort Bragg Federal Credit Union is just the tool to take that extra cash you have sitting idly in your checking account or earning less at another financial institution, and put it to work.

  • Flexible terms: 3, 6, 12, 24 or 36 months

  • Minimum opening balance: 3 or 6 month terms…$500.00 12, 24 and 36 month terms…$1,000.00

  • You may be able to use your Term Share Certificate account as collateral for a credit union loan at a rate just 4.00% over the certificate rate

 Jumbo Term Share Certificates

  • Minimum deposit of $25,000.00

  • Available with 12, 24 or 36 month terms

 "Step Up" Term Share Certificates

"Step Up" Certificates give you the added advantage of grabbing a higher rate when you see one.

  • Available for 24 or 36 month terms

  • Minimum balance requirement of $5,000.00 

  • Once during the term you may "step up" your rate when you see that rates are on the rise 

  • Penalties are incurred with early withdrawals

Jumbo "Step Up" Term Share Certificates

Jumbo "Step Up" Certificates give you the added advantage of grabbing a higher rate when you see one. 

  • Available for 24 or 36 month terms

  • Minimum balance requirement of $25,000.00 

  • Once during the term you may "step up" your rate when you see that rates are on the rise 

  • Penalties are incurred with early withdrawals


IRA Term Share Certificates

IRAs were traditionally used as a tool for retirement, but are now more flexible than ever. We offer Traditional, Roth and Coverdell Education Savings Accounts. Consult your tax advisor for the best option for you.

  • Minimum balance requirement of $500.00

  • Dividend rates and annual percentage yields vary

  • All are fixed rate accounts

The Traditional IRA

A Traditional IRA plan offers three basic benefits: security for your retirement years; tax-deferred interest until you withdraw your funds (as early as age 59 ½); and a possible deduction from annual gross income on your federal income tax return.

The Roth IRA

Unlike a traditional IRA, Roth IRAs permit continuing contribution after age 70 ½, and there is no requirement to begin withdrawal at age 70 ½. Retirement savers can have both a Traditional and Roth IRA. Contributions to Roth IRAs are not deductible from federal income tax; however, as with Traditional IRA accounts, earnings are tax-deferred. Even more beneficial, once the account has been open for five successive tax years, owners may take tax-free distributions if they meet any of the following criteria:

  • At least age 59 ½

  • Become disabled

  • Use the funds towards a first-time home purchase (lifetime limit is $10,000 per person) 

  • Death results in a distribution to the account beneficiary

The Coverdell Education Savings Account

Seeing a child work toward a college degree is every parent's dream. If you're wondering how you'll pay for your child's education, a Coverdell Education Savings Account can be a smart way to save. Although contributions to a Coverdell Education Savings Account are not tax deductible, your withdrawals (including earnings) are tax-free if used for tuition, books and other qualified higher-education expenses.

  • Contributions of $2,000 are allowed for each child per year under the age of 18 

  • Contributions are not tax deductible, but earnings are tax free.

  • No early withdrawal penalties

  • Savings must be used or transferred to another family member’s Coverdell Education Savings Account before the child reaches the age of 30

IRA Share Certificate

Works like a regular share savings account, giving you the ability to make deposits at your own pace via cash or Payroll Deduction.

Jumbo IRA Term Share Certificates

Available with a $25,000.00 minimum investment.

"Step Up" IRAs

This IRA product will only be available for a limited time. Although our IRA options all feature fixed rates, our "Step Up" IRA gives you the added advantage of grabbing a higher rate when you see one. 

  • Available for 24, 36, 48, & 60 month terms

  • Minimum balance requirement of $5,000.00 during the term you may "step up" your rate when you see that rates are on the rise. 

  • Minimum balance of $25.00 

  • Allows payroll allocations or recurring deposits

  • No term limitations 

  • Variable rate of interest

NOTE: Any and all transactions, including opening, closing, withdrawing from or depositing to an IRA account must be handled through our Member Services Department.


Savings Bonds

U.S. Savings Bonds are now paperless! Paper savings bonds can no longer be purchased through financial institutions or mail-in orders. You can buy electronic savings bonds safely, 24/7, through TreasuryDirect. If you are currently holding paper savings bonds, you can continue to redeem them at financial institutions including Fort Bragg Federal Credit Union. Whether you’re saving for a child’s education, a new boat, your dream home, retirement, or a trip around the world, Savings Bonds can help you reach your financial goals with safety, market-based yields, and tax benefits. This is a great way for credit union members to put money away for the future!


MEMBERS Financial Services and eNewsletter

For more than two decades, Fort Bragg Federal Credit Union has made available to you financial services through the MEMBERS Financial Services Program located right here at the credit union. The MEMBERS Financial Services Program is a personal financial management services that can help you identify your major financial situation and recommend alternative methods to help you achieve financial security. With MEMBERS Financial Services Program, you can have the tools necessary to manage your finances in the face of inflation, taxation, and other uncertainties of life. There is no cost or obligation for the service…only a great opportunity to help yourself!