Share Certificates
Share certificates are a secure way to grow your money.
A share certificate is a product offered by credit unions that provides an interest rate premium in exchange for the member agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
- Terms from 6 to 60 months
- Fixed rate until maturity*
- Federally insured by the NCUA
- Available for IRA investment*
Depositing over $50,000?
Click here for our Super Share Certificate rates.
IRA Share Certificates
With an IRA Share Certificate, you can lock in the rates of a Certificate which are the benefits of an IRA. Therefore, you receive high yields, paid monthly, while your earnings are tax-deferred until you begin making withdrawals.
National Credit Union Administration
Deposits are Federally Insured up to $250,000 by the National Credit Union Administration.
Share certificates are a secure way to grow your money.
Community Resource offers Share certificates which are similar to a bank certificate of deposit (CDs) except they are exclusively offered by credit unions. Share certificates are low-risk, and are a great way to save money.
With a Share Certificate Account you can watch your money grow! You can choose from a variety of terms and rates to fit your financial plan. A Share Certificate account generally earns a higher rate of return than our regular savings and money market accounts.
A share certificate is a safer and more conservative investment than stocks and bonds, offering lower opportunity for growth, but with a guaranteed rate of return.
IRA Share Account vs IRA Share Certificates
Items | IRA Share Account | IRA Share Certificate |
---|---|---|
Rates | Tiered rate structure, earn a higher rate on higher balances See Rates | Use any of our Certificate rates and terms See Rates |
Benefits | High rate of return Funds can be withdrawn at any time (see account limits) No administration fees | Higher rate of return, based on term selected No administration fees |