Open an Account
A little info and a few minutes are all we need.
"I like making money, but could you pay me less?" said no one ever. No eDCU member anyway. Unlike most investments, share certificates carry zero risk — just a guaranteed, high rate of return. And unlike banks, we don't have stockholders to pay. So we can put that money where it matters most — your pockets!
*Amount of Penalty. For Term Share Certificates and IRA Share Certificate accounts, the amount of the early withdrawal penalty is based on the term of your account. the penalty schedule is as follows:
How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.