Welcome To Lennox Employees Credit Union!

A Family Place

 

Share Certificates

 

For the highest yield on your savings, open a share certificate.

  • TRADITIONAL SHARE CERTIFICATES

Terms vary from 6 months to 36 months.  A minimum deposit of $1,000 is required to open a certificate.  Early withdrawal penalties may apply.

  • MARKET INDEX CERTIFICATES 

If you’d like to cash in on the red hot stock market without getting burned, you might consider a certificate with a different spin,  our market index certificate.  2 year and 4 year terms are available.

Certificate dividends are tied to the growth of the Standard & Poor’s 500. 

Here’s how it works:  If the S & P 500 is higher on the day your certificate matures than it was when it was established, you earn a percentage of the increase.  But if the S & P 500 goes down, don’t worry – you won’t lose a penny of your principle.  It’s insured and will be returned to you.