This account is a long term savings account that earns dividends/interest, also known as a CD or Share Certificate. You can utilize this account when you have a savings goal and can commit to keeping the funds in the certificate for the length of time you select.
The minimum opening deposit is $100 and deposits of $25 or more can be made at anytime. Funds are locked in for the length of the Goal Account. The longer the term, the higher the interest rate earned. If the funds are withdrawn early, a penalty will be imposed for early withdrawals. Goal certificate lengths are as follows; 3, 6, 12, 18, 24 or 36 months.