You Have Questions, We Have Answers
- About OHecu
- Account Questions
- ATM Questions
- Automated Payments
- Bill Payment
- Certificates of Deposit Questions
- Checking Questions
- Debit Card Questions
- Direct Deposit
- Employer Partners/Select Employer Group (SEG)
- Family & Friends Reward Program
- Financial Literacy Questions
- Fraud Alerts
- General Product and Service Questions
- Home Banking Questions
- ID Protect®
- Lease Payments
- Loan and Credit Questions
- Loan Payments
- Miscellaneous Questions
- Money Management
- Online Banking Questions
- Prepaid Gift Card Questions
- Roth IRA Questions
- Security Questions
- Term Share Certificate Questions
- Touch-Tone Teller
- TruStage® Insurance
- Website
A penalty may be imposed for withdrawals before maturity:
- If your account has an original maturity of one year or less, the penalty we impose will equal ninety (90) days’ dividends on the amount withdrawn subject to penalty.
- If your account has an original maturity of more than one year, the penalty we impose will equal one-hundred eighty (180) days’ dividends on the amount withdrawn subject to penalty.
Dividend rates on Term Share Certificates vary and are based on the term of the certificate and on the opening balance of the certificate. Click here to see our current rates.
A Term Share Certificate (also referred to as a Certificate of Deposit) is a savings certificate entitling the bearer to receive dividends. A Term Share Certificate bears a maturity date, specified fixed dividend rate and can be issued in any denomination over $500. When you open a Term Share Certificate, your money is on deposit for a specific time period. For agreeing to keep it on deposit for a specified time period, you earn more than you would in a regular savings account. If you cash it in before it’s maturity date, you pay a penalty. For more information on Term Share Certificates, click here.