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Certificates of Deposit
6 Months Ended
Dec. 31, 2014
Certificates of Deposit [Abstract]  
Certificates of Deposit
  3. Certificates of Deposit

 


Remaining time   Under 90     91 days to     Six months to        
to maturity   days     six months     1 year     1 to 3 years  
Certificates of Deposit1   $ 5,014,366     $ 5,032,932     $ -     $ 10,096,680  

 

1-

Certificate of Deposit Account Registry Service (CDARS), which is a system method by which the Company may access multi-million-dollar Certificates of Deposit (CDs) deposits in principal and interest amounts that are fully insured by the Federal Deposit Insurance Corporation (FDIC) with original maturities that were greater than three months and up to three years at the time of purchase.