CERTIFICATES AND IRAS
Good Things Come in Threes!
The phrase “good things come in threes” has never been more true. Why? Because we’re offering great the yield rates on our new 33-month Share Certificates!
Now, you can earn 3.00% APY* when you open a 33-Month Share Certificate with a minimum balance of $30,000 between now and March 31st, 2023. Steadily and securely building your savings has never been easier.
Ready to earn? Contact us, visit a branch, or fill out the interest form on this page to take advantage of our share certificate special today!
Which Certificate Will Work Better For Me?
It’s never too early to plan ahead. When you are saving money for retirement, Caro offers smart financial solutions to help you achieve your goals.
A Share Certificate pays a higher rate than a regular Savings Account and is issued for a term of 3 months to 30 months. This is a sound way to save as all certificates are safe and secure and insured by NCUA Insurance. For a limited time we are offering 33-Month Share Certificates.*
Share Certificate and IRA Interest Form
Individual Retirement Accounts (IRAs) allow you to purchase investments with the big plus of not having to pay income tax on that investment as long as it remains untouched in the IRA.
A Share IRA may be opened for as little as $25, giving you the option of making additional deposits through the convenience of payroll deductions. IRA accounts can be opened for Traditional, Educational, and IRAs.
Young Savers Share Certificate
Caro also offers a Young Saver’s Certificate which offers traditional savings for your child, allowing you to set up a certificate in the child’s name. Feel free to add to the certificate in increments of $100, which can help pay for education down the road.
Your Caro representative or tax consultant can give you the additional benefits of Share Certificates and IRA accounts.
*APY = Annual Percentage Yield. Rates effective February 15 – March 31, 2023. 3.00% APY is valid on the special 33-month Share Certificate. Required minimum balance $30,000. Fees or other conditions may reduce the earnings on your account. A penalty may be imposed for early withdrawal. This is a limited-time offer and may be canceled at any time. Other terms and conditions may apply. See credit union for details. Federally insured by NCUA.