Certificates
Certificates or term deposit accounts earn higher dividends than traditional savings accounts and have pre-determined maturity rates
Deposit money into a certificate for a set period of time, generally between one month and five years. In return your savings will earn a higher dividend rate than with a traditional savings account. Our Standard and Flex CDs come with a bump option. At the time of CD opening, members can opt for 0.15% lower than the stated rate. Should the Credit Union re-price the CD with the same term to a higher rate, the member has a one-time option to bump-up to the new CD rate for the remainder of the term. CD bumps are a great benefit for members keeping an eye on raising rates.
Standard Certificate
- Minimum deposit to earn dividends is $500
- 1-month to 60-month terms available (longer maturities earn higher dividends)
- Bump option
- NCUA Insurance
Flex Certificate
- Minimum to earn dividend is $50
- Add money at any time
- Penalty-free withdrawals the first three business days of each quarter
- 12-month term
- Bump option
- NCUA insurance
Health Savings Account Certificates
- Minimum $500.00 balance to earn dividends
- Earn higher interest rates on a lump-sum contribution
President’s Club members earn an additional 0.25% on CDs.
