Ca-Ching!
You work hard every day to make your business profitable. Our certificates do the same thing! Most of our terms have a modest $500 minimum deposit, so it’s a no-brainer to take advantage of our dynamite rates.
Go the Distance(s).
Basically the longer you term the more you’ll earn with TruStone certificates. So sprinkle some generous funds up in the 60-month range; others in mid-range around 24 months; and some quick turners in the 3-6 month range for maturity diversity.
- Dividends are compounded and credited at the end of each quarter and at maturity.1
- $500 minimum deposit for most certificates.2
- Rest easy, you’re insured up to $250,000 by the NCUA.
And here’s another tip: Take advantage of our certificate “Specials” when they pop up. They’re must-haves!
On-Line & On-Target.
With TruStone digital banking and our mobile app you’re in complete control.
- Track all account activity with ease.
- Quickly transfer money between accounts.
- Streamline business budgeting with Financial Tracker.
- Deposit checks any time, anywhere.
- Enable alerts and eStatements for crystal clarity.
More ways to save.
Business High Yield Money Market
As the name promises, your funds will soar with this account.
Business Money Market
Bump up to higher dividends while maintaining fast, easy access to funds.
Business Share Savings
Think of it as your entry level account and gateway to the benefits of being a TruStone member and owner.
*APY: Annual Percentage Yield. Fees could reduce the earnings on the dividend bearing accounts. TruStone Financial membership required. The APY assumes that dividends will remain in your account until maturity. Penalties may be imposed if you withdraw any of the principal in your account before the maturity date. The penalty will equal 90 days’ dividends on your account if the original term is one year or less. The penalty will equal 365 days’ dividends on your account if the original term is greater than one year. If a certificate is withdrawn within six calendar days after the account is opened, a penalty of at least seven days dividends will be assessed.
1DIVIDEND INFORMATION: Balance computation method – Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Accrual of dividends on non-cash deposits – Dividends will begin to accrue on the business day you deposit non-cash items (e.g. checks) to your account. Compounding and crediting frequency – Dividends will be compounded and credited at the end of the calendar quarter and on the maturity date of your certificate. Withdrawal of dividends prior to maturity – The APY assumes that dividends will remain in your account until maturity. A withdrawal will reduce earnings.
The dividend period is quarterly. For example: the first dividend period of the calendar year is January 1 through March 31. All other dividend periods follow this pattern of dates. The dividend declaration date is the ending date of a dividend period, such as March 31. Dividend rates on certificates will be in effect until the maturity date. Dividends are no longer paid on nonrenewable certificates after maturity.
2CERTIFICATE INFORMATION: The required minimum balance to open a certificate is $500, unless otherwise noted. Automatically renewable certificates have a 10-business day grace period after the maturity date to withdraw funds or close the account without being assessed an early withdrawal penalty. Accrued dividends will be paid during the grace period. Automatically renewable certificates will be renewed at maturity for the same term as the original, unless otherwise noted. The new certificates will also be automatically renewable.
Special Certificates 7-, 13-, 20- and 30-month: The minimum balance to open, when offered, is $2,500, and at least 50% of the total deposit must be new money not on deposit with TruStone Financial. 7-month certificates will automatically renew as a 6-month certificate. 13 and 20-month certificates will automatically renew as a 12-month certificate, 30-month certificates will automatically renew as a 24-month certificate. The new certificates will also be renewable.
13-month: The minimum balance to open is $2,500.
MoneyWise Certificate 12-month: MoneyWise certificate will be converted to a regular 12-month certificate on the maturity date immediately following the 18th birthday of the primary member. Additional deposits may be made throughout the term of the MoneyWise certificate.
IRA Certificate: If the account is part of an IRA, see your plan disclosure for details on penalty exceptions. IRA certificates are not available on terms less than 12-months.
RATE INFORMATION: These are prospective dividend rates and anticipated Annual Percentage Yields (APY) for the current dividend period and may change at any time without limitations as determined by the TruStone Board of Directors. To confirm the current rates, call 763.542.4200 or 800.343.8328. The dividend rates on certificates will be in effect until the maturity date.