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Certificates

Certificates

When you're looking for steady growth combined with absolute security, our Certificates are an attractive option. They are the perfect choice for savers who want a higher, guaranteed rate of return for a fixed term. Certificates yield dividends that can compound or be transferred for your immediate use.

Regular Share Certificates

  • Earn dividends1 at a fixed rate
  • Terms from 3-60 months for Regular Share Certificates
  • $500 minimum deposit to open
  • Dividends are paid monthly
  • Choose to have dividends credited to your certificate, paid by check, or transferred for immediate use
  • Automatic renewal at maturity
  • May be used as security for an SSSCU certificate secured loan and you will continue to earn dividends
  • Insured up to $250,000 per deposit account by American Share Insurance, a private share insurer

Jumbo Certificates

  • Earn dividends1 at a fixed rate
  • Terms from 6-36 months for Jumbo Certificates
  • $100,000 minimum deposit to open
  • Dividends are paid monthly
  • Choose to have dividends credited to your certificate, paid by check, or transferred for immediate use
  • Automatic renewal at maturity
  • May be used as security for an SSSCU certificate secured loan and you will continue to earn dividends
  • Insured up to $250,000 per deposit account by American Share Insurance, a private share insurer

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Certificate account laddering: a sound saving strategy

Many financial experts suggest staggering or laddering the purchase of short-term certificate accounts. You can build a system of guaranteed steady returns, as well as incorporate a certain amount of liquidity into the investment process.

Basically, laddering refers to buying certificate accounts with varying dates of maturity. For example, let's say you have $10,000 to invest. To establish a one-year ladder, you would put $2,500 each into: a three-month certificate account, a six-month certificate account, a nine-month certificate account and a one-year certificate account. That means you have a certificate account maturing every three months. Upon maturity, you would simply roll over each certificate account into a one-year certificate account to continue the pattern.

This system allows you to achieve a more consistent return on your savings. If rates move up, you'll be able to earn the higher rate on part of your money. And, if rates decline, only a portion of your money will be affected. Remember, you always have the option of choosing a longer term certificate account to lock in higher returns. Use this calculator to determine the additional interest you could earn with a certificate laddering strategy.


Deposit Rates

Regular Certificates

($500.00 Minimum Deposit to Open)
TermRateAPY*
3-5 months0.15%0.15%
6-11 months0.25%0.25%
12-23 months0.30%0.30%
24-35 months0.45%0.45%
36-47 months0.55%0.55%
48-59 months0.85%0.85%
60 months1.00%1.00%

Jumbo Certificates

($100,000.00 Minimum Deposit to Open)
TermRateAPY*
6-11 months0.30%0.30%
12-23 months0.35%0.35%
24-35 months0.45%0.45%
36 months0.55%0.55%


1 Compounded 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.
*Annual Percentage Yield

Certificates 1
Certificates 2
American Share Insurance
Equal Housing Lender