Share Certificates
Lock it in, Earn More
What They Are
Think of share certificates as the credit union version of CDs – deposit your money for a fixed term and score a higher APY (Annual Percentage Yield) in return. Your funds are safe, but you cannot touch them without a penalty until maturity.
Why Consider a Share Certificate?
- Dividend rates are higher than a regular savings or money market account
- Terms from 3-48 months – pick how long to lock in
- Minimum deposit is only $500
- Dividends are paid monthly
- Ten calendar-day penalty-free grace period at maturity date
- Penalties if you withdraw early
Who Do Share Certificates Fit Best?
- You have a chunk of cash you won’t touch for several months
- You want stable, predictable growth
- You are cool sacrificing flexibility for better yield
Calculate Your Dividends
Use this calculator to estimate what it could be worth.
Certificate of Deposit Inputs
Initial deposit
Term
APY
After 6 months your account balance would increase by
$186
reaching a total of
$10,186.
Balance Over Time
Balance
Months