Certificates

Open a certificate today to advance your savings plan.

Community Resource FCU Share Certificates (commonly referred to as a Share Certificate of Deposit or similar to a bank CD) offer a fixed rate of return with a higher dividend rate than a savings account.

Or see our certificate rates table


Turn your money into more of your money — with our certificate specials.

Ready to open a Certificate Special? Click to call or visit your local CRFCU branch.

6 Month Certificate60 Month Certificate
What makes it special?It’s simple — earn an above average rate on your savingsYour rate will double halfway through its term.
APY*0.65% APY*2.02%. APY*
Dividend Rate0.65%2.00%

 

Minimum Deposit$500$500

With terms of 6 months to 5 years, use a certificate as a savings tool for retirement, education expenses or a home purchase. Or, use the dividends (paid out monthly for terms of at least 1 year) for additional income. Deposits are federally insured up to $250,000 by the National Credit Union Administration.

Tip! Save more with a certificate laddering strategy.

Use a certificate laddering strategy to take advantage of higher rates without tying up all of your investment long-term.

Example: If you have $30,000 to invest, put $10,000 into a 1-, 2-, and 3- year certificate. As the 1-year certificate comes due, you are able to access those funds if needed, or keep the ladder going by renewing it for a 3-year certificate at a higher rate. From that point, a certificate will renew every year, giving you the option of using those funds or renewing for a 3-year term.


*APY= Annual Percentage Yield. Rates listed effective as of November 1, 2017. Fees may reduce earnings on the account. ***Dividend rates are set at the time the certificate is opened and are not adjustable. Savings rates are variable and are subject to change at the discretion of the Board of Directors. Annual percentage yields are based on the reinvestment of principal and interest for one full year. Dividends are compounded and paid monthly. A penalty will be imposed for early withdrawal on certificates, including IRA certificates. Full or partial withdrawal of funds may be taken within 7 days of maturity without penalty. For more detailed savings account information, call 518-783-2211 to speak to a financial services representative.