Share Certificates put your money to work 24/7
Share Certificates, also known as “certificates,” are a type of savings account that lets you lock in a fixed rate for a future return, usually at higher rates than regular savings accounts.
How much you’ll earn, which is indicated by the APY (Annual Percentage Yield), varies based on the terms. Choose short-term, long-term or a mix of both.
It’s easy and there are no fees. Simply deposit a minimum of $250 and pick your terms. Then sit back, relax and watch the savings roll in.
- Terms ranging from 6 to 84 months
- Zero fees — an early withdrawal penalty may be imposed
- Get started with as little as $250
- Federally insured by NCUA
Special competitive rates
7 Months
4.75% APY*
13 Months
4.50% APY*
Open today
How to choose a Share Certificate term length
Certificates hold funds until their maturity date, which makes them great vehicles for saving. They act like temporary locks on your money so you can’t spend it, all while giving you a great return. Because funds are locked, it’s best to carefully consider the term length and when you’ll have access to your money again.
Short-term certificates are best when:
- You’ll need the funds in the near future.
- You want more flexibility and frequent access to your cash.
Long-term certificates are best when:
- You’re saving for a big purchase that you plan to make in a few years
- You have other emergency funds and are confident you won’t need the money soon.
A third option is to get the best of both worlds by dividing your money between short-term certificates and long-term certificates, creating a certificate “ladder.”
Share Certificate Rates
| Term | APY%* |
|---|---|
| 6 months | 2.75% |
| 7 months | 4.75% |
| 12 months | 2.50% |
| 13 months | 4.50% |
| 18 months | 2.75% |
| Term | APY%* |
|---|---|
| 24 months | 2.50% |
| 36 months | 2.50% |
| 48 months | 2.50% |
| 60 months | 2.50% |
| 84 months | 2.50% |
Frequently asked questions
Share Certificates (certificates) and certificates of deposit (CDs) have a lot in common. Both hold funds for a specified term length and earnings are a fixed percentage. However, share certificates are offered only by credit unions. As cooperatives, credit unions provide certificates as shares in the cooperative, and earnings are paid in the form of dividends. Share certificates are often insured by the NCUA. CDs may be offered by credit unions or banks. Earnings are paid in the form of interest. CDs may be insured by the NCUA or FDIC.
You may close your certificate early, but penalty fees may apply. Please call 800.562.0999 or visit your nearest branch for assistance.
No. Funds cannot be added to Share Certificates once they’ve been created. However, you can open multiple Share Certificates.
Share Certificates automatically renew upon maturity for the same term length unless otherwise specified. If you wish to cash out or open a new certificate with a different term length, select “Change Certificate Maturity Options” in your Share Certificate account in Online and Mobile Banking, or visit your nearest branch for assistance.
Yes. Please call 800.562.0999 or visit your nearest branch for assistance.