Modesto’s First FCU offers a variety of Share Certificates to suit your financial needs. Our Share Certificates provide an excellent investment opportunity with an exciting advantage – the opportunity to lock in a guaranteed dividend rate. Share Certificate maturity dates vary as do minimum balance requirements. Dividends are paid on the last day of each quarter.

We may impose a penalty if you withdraw principal from your account before the maturity date. The penalty imposed shall be as follows:

1. If the qualifying period is one year or less, the member shall forfeit an amount equal to: a) all dividends for 90 days on the amount withdrawn, or b) if a withdrawal reduces the balance below the required minimum, the account shall be closed and a loss of dividends as stated above, whichever is less, will be assessed on the entire amount in the account.

2. If the qualifying period is more than one year, the member shall forfeit an amount equal to: a) all dividends for 180 days on the amount withdrawn, or b) if a withdrawal reduces the balance below the required minimum, the account shall be closed and a loss of dividends as stated above, whichever is less, will be assessed on the entire amount in the account.