Term Share Certificate
If a regular savings account operates like an orchid, a share certificate is more like a cactus. No watering is required to make this savings strategy grow.
Simply choose your term, deposit your funds, and sit back and relax as your money multiplies at a fixed rate. You don't have to wait for your term to end to cash in on your dividends. We pay them to you quarterly, so you can take that vacation early or reinvest your funds.
- Yields more than three times higher than regular savings rates
- Regular and jumbo certificates available
- Dividends paid quarterly*
- Penalty on dividend earnings for early withdrawal**
- $1,000 minimum deposit to open
Open via online banking Click Member Services > Secure Forms > Add a Certificate of Deposit
*APY = Annual Percentage Yield. Minimum of $1,000 to open regular; minimum of $75,000 to open jumbo. Dividends compounded quarterly. Penalty for early withdrawal. Account must be active and in good standing. Annual Percentage Yield is accurate as of 11/1/2023. Rates subject to change. See swacu.org for full details. Insured by NCUA.
**The penalty fee for early withdrawal is half of the term's dividends.