Certificates

PSECU offers its members a safe and easy way to invest their money. Whether you are looking for a short or long-term investment, PSECU has a Certificate that will work toward helping you reach your financial goals. All you need to do is select the product and term that works for you.

PSECU Certificates and Shares, excluding IRAs, are federally insured by the National Credit Union Administration (NCUA) up to a total of $250,000 for any Certificate set up under the same ownership. This is the maximum amount allowed by law.

Benefits Include

  • $500 minimum balance to open and earn dividends
  • 3, 6, 9, 12, 18, 24, 36, 48 and 60 month terms
  • No monthly service fees
  • Rates declared weekly and fixed for the term of the certificate

Early Withdrawal Penalty

Any early withdrawal from a 36 - 60 month certificate will cause a forfeiture of 180 days of dividends on the principal amount withdrawn, whether or not the certificate has earned an initial dividend. This penalty will be deducted from the certificate and calculated at the annual dividend rate being paid on the certificate.

If the withdrawal plus penalty takes the certificate below the minimum $500 balance, the certificate will be closed and the penalty will now be calculated on the entire balance. All certificate penalty withdrawals must be in writing.

Important: There is no change to the 90-day penalty currently in place for 3-24 month certificates.

Rates valid as of 12/6/2016 9:03 AM

DescriptionAPY*Rate
3 months.25%Calculate0.25%
6 months.30%Calculate0.30%
9 months.35%Calculate0.35%
12 months.75%Calculate0.75%
18 months.85%Calculate0.85%
24 months1.05%Calculate1.045%
36 months1.50%Calculate1.49%
48 months1.75%Calculate1.74%
60 months2.00%Calculate1.98%
*APY denotes Annual Percentage Yield

Rates and information are subject to change at any time. Recurring deposits may be made into the certificate through automatic transfers (ATS) only. You may set up recurring deposits through ATS within 30 days after the certificate is purchased. Deposits can be stopped or reduced at any time. This rate will be paid until the certificate matures. Your certificate will automatically renew at the rate in effect at the time of maturity unless we are contacted on or before the maturity date. Upon renewal, the term will be the same as the original term. You have ten calendar days after maturity to redeem your certificate without penalty if you do not want to renew. Dividends will not accrue on the certificate after the maturity date unless it is renewed. A penalty will be imposed for early withdrawal. A minimum daily balance of $500 must be maintained in order to earn the disclosed APY. View Truth in Savings Account disclosure.