Certificates

Certificates


Certificates

Earn Higher Dividends Than a Regular Savings

Looking for a secure way to stash some cash with a guaranteed rate of return? Earn higher dividends than a regular savings, checking or money market account with a long-term or short-term share certificate. Not sure which terms are best for you? Let us help you find the right balance between having your money accessible and letting it grow.

Hands punching numbers on a calculator with a laptop and eye-glasses close by

Short Term Share Certificate

Terms from 90 to 365 days allow you to ensure you won’t spend your money… In the meantime, dividends are accruing daily and are paid at maturity. Knowing there is a penalty for early withdrawal is the motivation to just leave it alone.

Two hands covering a piggy bank to protect it

Long Term Share Certificate

Terms from 12 to 60 months require more discipline and reward you with higher rates. Dividends accrue daily and are paid quarterly. If you need to make an early withdrawal, the penalty is as follows:

  • For less than 18 months: forfeiture of all dividends on the amount withdrawn for 90 days.
  • For greater than 18 months: forfeiture of all dividends on the amount withdrawn for 180 days.

Are you wondering what’s the difference between this and a certificate of deposit (CD)? Share Certificates are a credit union’s version of a bank’s CD.


Certificate Rates

See Current CD Rates