Certificates for Growth You Can Count On

A term-share certificate (the credit union version of bank CDs) is a savings account that lets you lock in a guaranteed dividend rate for a set period of time, known as a term. In exchange for keeping your money in the certificate until the term ends, you receive a predictable return and know exactly what your savings will earn.

A certificate offers a fixed dividend rate for a specific term, which means your earnings won't change during that time. Savings and money market accounts typically allow easier access to your money, but their rates can change over time.

You can choose from a variety of terms, ranging from a few months to several years. The right term depends on when you'll need access to your money and the savings goal you're working toward.

Yes, but early withdrawal penalties may apply. Because certificates are designed for money you can leave untouched for a set period of time, it's best to choose a term that fits your timeline and savings goals.

When your term ends, you'll have options. You can withdraw your funds, move them to another account or roll them into a new certificate to continue growing your savings.