NEW Investment Options

Jul 13, 2022


UFC is proud to offer new investment options to our members who live in Minnesota. UFC currently has 4 different certificates of indetedness available including the new 7 year maturity at 4.5% 

TYPE OF
CERTIFICATE OF
INDEBTEDNESS
MINIMUM
INDIVIDUAL CERTIFICATE ($)
 
CURRENT RATE
 
FREQUENCY OF
COMPOUNDING
 
Application of Interest
EARLY
WITHDRAWAL PENALTY
5 DAYS NOTICE $500 2% (VARIABLE) QUARTERLY APPLIED TO PRINCIPAL NONE
3 YEAR MATURITY $2,500 2.5% (FIXED)  
N/A
 
APPLIED TO PRINCIPAL
 
6 MONTHS INTEREST
5 YEAR MATURITY $5,000 3.5% (FIXED)
7 YEAR MATURITY $7,500 4.5% (FIXED)
 
If you have questions or wish to participate on these interest earning options, please feel free to contact our office in Winthrop at (507) 232-1000 or stop in.
 
 

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by: The UFC Agronomy Team

With our extended weather forecast showing below normal temperatures across much of UFC’s territory we know growers may not be waiting for “ideal” planting conditions. We suggest utilizing 6-24-6 starter fertilizer to help corn and soybeans deal with cooler planting temperatures.