Joint Account Certificate · VirginWoods Holdings

Joint Account

Two holders, shared ownership, survivorship rights

A certificate held in two names, with both holders owning the whole deposit rather than a half each.

What this account signifies

A joint certificate is held with right of survivorship: both holders own the entire deposit, and if one dies the certificate passes directly to the survivor without waiting on probate. That is the main reason couples and business partners choose it. The trade-off is control. Either holder can act on the certificate, and both are disclosed to the other — there is no private side to a joint holding. Early withdrawal and closure require both signatures, so a disagreement can freeze the deposit until it is resolved.

How it operates

Two named holders with right of survivorship
Either holder may view and instruct; closure needs both
Higher opening minimums, and a rate premium on every term
Both holders complete identity verification before funding
Proceeds settle to a shared nominated account

Deposit sections

Joint Account terms and amounts

Each term is its own section with its own minimum, its own ceiling and its own fixed rate. Longer terms pay more because the capital is committed for longer.

3 months

4.25%

fixed for the full term

$2,500 – $49,999

Short joint lock for two holders parking funds between commitments.

Open 3 months

6 months

4.85%

fixed for the full term

$10,000 – $99,999

Common choice for partners saving toward a dated purchase.

Open 6 months

12 months

5.50%

fixed for the full term

$20,000 – $249,999

The standard joint term, carrying a premium over the single-holder rate.

Open 12 months

24 months

6.05%

fixed for the full term

$50,000 – $749,999

Medium-term household or partnership reserve.

Open 24 months

60 months

6.70%

fixed for the full term

$150,000+

Highest rate offered, with survivorship across the full five years.

Open 60 months

Rates shown are indicative. Your rate is fixed at the moment the certificate is opened and funded, and does not change for the term. Rates offered to new certificates may differ from those shown here. Both holders must complete identity verification before a joint certificate can be funded.