REGULAR CERTIFICATES
GREAT FIXED RATES, A RANGE OF TERMS, AND MAXIMUM SECURITY
Steady growth and a guaranteed rate that beats most traditional savings accounts, with terms from 3 to 60 months.
FIXED-RATE DIVIDENDS, INSURED UP TO $500,000 PER ACCOUNT
With a certificate of deposit from SSSCU, your initial deposit stays in the account for the full fixed term. You can let dividends compound and earn even more over the course of your term or withdraw the earnings and use them right away.1
There’s a $500 minimum deposit to open a Regular Certificate, and we offer terms from 3 to 60 months. Your rate is guaranteed for the length of your term.
FEATURES OF ALL OUR CERTIFICATE ACCOUNTS
- Dividends1 are paid monthly
- Credit your dividends to your certificate so the balance compounds. Alternatively use your dividends immediately by requesting a check or transfer to another account
- Automatically renew your certificate when it matures
- Use your Certificate Account as security for a certificate-secured loan, and continue to earn dividends
- Insured up to $500,0002
CERTIFICATE ACCOUNT FAQs
With a savings account, you can withdraw your money as you need it .
With a certificate account, you leave your original deposit in the account for the full length of the term you choose, or pay a penalty. Once the term is over, you can automatically renew the certificate, or you can withdraw all the funds. As you earn dividends each month, you can withdraw just the earnings after they are credited to your account without any penalty.
A certificate-secured loan is a loan that is secured by the money in your certificate account. If you are unable to make your loan payments, the lender may take the money from your certificate account to cover the amount you still owe on your loan.
When you use your Certificate Account as security for a loan, you continue to earn dividends. And because secured loans usually offer better rates than unsecured loans, you will typically get a better loan rate as well.
The main disadvantage of withdrawing or transferring the dividends from your Certificate Account before the term is over is that no compounding will occur. You will continue to earn dividends on your original deposit for the rest of the term, but you will not earn any additional dividends on the earnings that you have withdrawn or transferred.
EXPLORE OUR ACCOUNT OPTIONS
Jumbo Certificates
Secure, steady growth that's insured up to $500,000 per account, with a minimum deposit of $100,000 and terms from 3 to 60 months.
Money Markets
Earn competitive dividends on your savings—and access your money whenever you need it, all with no monthly service fee.
Regular Savings
Opening this account gives you access to SSSCU membership, products, and services—and you earn dividends on your balance.
SET YOURSELF UP FOR FINANCIAL SUCCESS
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Practical advice on how to manage your money during college so you can enjoy this new adventure!
How to Start Managing Your Debt in Two Simple Steps
Key strategies to get yourself on the path to financial freedom.
Two Easy Ways to Save for Retirement
Effortless, yet effective methods to start saving for your golden years.
1Compounded and credited monthly. If you elect to have dividends paid to you by check, or transferred to another account, compounding will not occur. See complete account disclosures.
2American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account
