Small Savers
Start Your Savings Small and Build it Higher – Savers Starting Small
- No minimum deposit
- No age restrictions
- Add to the certificate at any time during the life of the certificate
- First year maximum is $500
- Second year maximum is $1000
You can only withdraw twice throughout the life of the certificate without being penalized. The dividends are only added to the account at maturity if the maximum for year one and year two are reached.
All savings and investment accounts at Belvoir Federal are federally insured up to $250,000.00 by the National Credit Union Administration (NCUA), an agency of the United States Government. IRA deposits are insured separately to $250,000.00 by NCUA.