b'Deferment DividendsA temporary postponement A sum of money calculated on a loan payment. Defermentsfrom a credit unions profits are granted if you meetand given back to the member-specific criteria (for example,owners. unemployment or economic hardship). Share certificates (Certificates of deposit/Fixed rate vs variable/CDS)adjustable rate mortagesAn account where you deposit The life of the loan, keepingfunds for a set term (for your monthly payment forexample six months or one, principle and interest steadytwo, or five years), with the and predictable over time.promise of a set interest rate. Adjustable-rate mortgagesFor most CDs you cannot make have interest rates that changedeposits or withdrawals to the based on the market, so youraccount during the set term.payment will fluctuate.Share draft/checkingShare draft is the term used at a credit union, whereas checking is the term used at a bank. A share-draft/checking account is the most common type of account which isused to access funds in individual accounts. 43'