Benefits of opening a certificate at PSECU
A credit union certificate is the equivalent of a bank Certificate of Deposit (CD). It’s a smart option if you don’t need instant access to your money and want to earn higher dividends (interest) on your money than you can with a savings account. A certificate’s guaranteed rate of return makes it easier to estimate your money’s growth. Your certificates are federally insured by the National Credit Union Administration (NCUA) up to a $250,000.1
Open with as little as $500. You’ll accrue dividends for a set period of time, or “term.” When your term is up, you can withdraw your money and earnings. Otherwise, you can renew your certificate at current rates.
Choose from terms of 3, 6, 9, 12, 18, 24, 36, 48, and 60 months.2
We never charge monthly maintenance fees for your certificate.
Dividend rates3 are guaranteed and locked in for the term of your certificate.
Your money grows faster, accelerated by dividends that are accrued daily and compounded monthly.