Designed to Work Just Like Certificate of Deposit (CD) Accounts.

A Term Share Account is a type of savings account offered by credit unions that works like a bank’s certificate of deposit (also called a CD) account. You deposit money into a Term Share Account for a set period and in return for committing the funds for the time period you earn a higher dividend rate than you would for a standard savings account.

If you’ve built up your savings beyond the basic emergency fund and are looking for savings options with a higher return, a Term Share Account might be a good choice. Choose the term you’re most comfortable with (from 6-months to 5-years) and enjoy your guaranteed returns at the end of that term.

now offering ira term share Accounts

IRA Term Share Accounts are similar to other share certificate / term share accounts (bank’s certificate of deposit or CDs). R-G offers both ROTH and Traditional IRA Term Share Accounts.

If you are looking for retirement options with a higher return, an IRA Term Share Account might be a good choice. Choose the term you’re most comfortable with (from 6-months to 5-years) and enjoy your guaranteed returns for that term.

Nearing the Required Minimum Distribution (RMD) age, and you're worried about committing funds for a period of time that's longer? With R-G's IRA Term Share Accounts, we never charge an early withdrawal penalty if the withdrawal is required due to RMD age. 

• Competitive dividend rates
• Open with as little as $500
• Dividends that compound and are paid quarterly

Have funds in a company 401K or a retirement account elsewhere and need to roll it over? Are you the beneficiary of funds from a loved one who has passed? We can help with these scenarios too.

View Current Savings Rates

Not a Member? Join Now and Open a Term share account

Existing Members: Open a term share account now

More Benefits of R-G Federal Credit Union Term Share Accounts

• Start earning more with opening deposits as little as $500
• Dividends paid quarterly
• Have a larger amount to invest? Choose a Premier Term Share Account and receive monthly dividends (see current Premier Account rates here).
• Keep it simple. At the end of your term your account can automatically renew, or you can opt to have all funds deposited back to your Savings Account. The choice is yours.

Who can Open an R-G Federal Credit Union Term Share Account?

As a credit union, R-G products and services are available to qualifying members. To open a Term Share Account at R-G you will need to qualify for membership as part of the account opening process. Becoming a member of R-G is easy, as membership is open to persons who live, work, worship, or attend school located in the Missouri counties of Bates, Benton, Cass, Cedar, Henry, Hickory, Jackson, Johnson, Morgan, Pettis, St. Clair, and Vernon. If you are not sure if you meet the membership requirement, contact us and a real person will be happy to help.