Share Company Document For Free

Share certificates usually have higher interest rates than savings accounts and money market accounts. This makes them a great way to save for something you need or want. You could use a share certificate to help save for a down payment on a home, for example.

Although share certificates earn a predictable and steady income, they may not earn as much as other investments, like stocks and bonds. The higher earnings potential with these investments comes with increased risk, however.

The secretary needs to sign the share certificate. The secretary must ensure that the company's stamp and revenue stamp are affixed to each stock certificate. Once the certificates are ready, a board meeting is called to approve the decision on the issuance of share certificates.

The main difference between share certificates and certificates of deposit is that share certificates are issued by credit unions, while certificates of deposit are issued by banks. Share certificates are federally insured by the NCUA while the FDIC insures CDs at banks.

CDs and Share Certificates really only have one distinction between them: Share Certificates are a product offered by credit unions. CDs are offered by banks.

One of the benefits of a share certificate is that you can choose how long you want to keep your money on deposit, whether it's just a few months or a few years. Once your account reaches maturity, you can cash out the balance.

What Is a Share Certificate? A share certificate is a written document signed on behalf of a corporation that serves as legal proof of ownership of the number of shares indicated. A share certificate is also referred to as a stock certificate.