Share Certificates
Keep your savings safe and sound while earning great returns with our wide range of Share Certificates.
Benefits of Credit Union Share Certificates
Share Certificates offer a secure way to save your funds for a fixed period of time, so you maximize your gains. Commonly referred to as a Certificate of Deposit (CD), ACU has a range of Share Certificates to suit your specific needs. Choose from our Flex, Standard, Jumbo or IRA Share Certificates.
Better Returns
Get a generous APY and dividend rate.
Choice of Terms
Choose a term length from 3-months up to 48+ months depending on your needs.
Federally Insured
Your savings are insured up to $250,000 by the NCUA.
Multiple Types Available
Choose from a Standard, Flex, Jumbo or IRA Share Certificate.
Simple Opening Process for ACU Share Certificates
Step1 |
Become a MemberClick the link below to fill out an online application to join our credit union. |
Step2 |
Contact UsGive us a call or visit one of our local branches to open a Certificate. |
Step3 |
Deposit and Start Earning!Deposit your funds, then sit back and watch your money grow! |
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What is a Share Certificate Account?
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A Share Certificate is a NCUA-insured savings tool that offers a fixed rate of return over a specified period. When you open a Share Certificate, you agree to keep your money in the account until it matures and in exchange, your financial institution pays a higher rate than you would normally earn with other types of accounts. You may earn 10 to 30 times more!
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How much money do I need to open an account?
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The minimum opening deposit for the various share certificate types are as follows:
- Standard: $500
- Flex: $500
- IRA: $,1000
- Jumbo: $10,000
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Can I withdraw from my Share Certificate Account?
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You may be penalized for making withdrawals sooner than the maturity date, when your term length is complete.
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What are Compounding Dividends?
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This is when you earn interest on your funds, and you also earn interest on your dividends each month. That way, your funds grow faster.
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Why are Share Certificates More Secure than Other Investment Options?
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Your funds are federally insured up to $250,000 by the National Credit Union Administration Share Insurance Fund. This means you can’t lose your funds no matter what happens in the stock market or the general economy.
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What are the Different Types of Share Certificates?
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Here’s what you need to know about our different options:
- Standard: Requires a minimum deposit of $500 and allows you to earn higher dividends (compared to a normal savings account) for the duration of the certificate; choice of terms from 3 to 48 months.
- Flex: Similar to a Standard Certificate ($500 minimum initial deposit and higher dividends on deposited funds) but does allow you to add funds (minimum of $100 deposits) to your certificate without having to wait until the maturity date.
- IRA: Make an initial deposit of $1,000 and earn higher dividends on your IRA funds compared with an IRA savings account; offers the choice of terms from 13 to 33 months.
- Jumbo: Have minimum deposit requirements of around $10,000, but there are no downsides other than having your money locked up for the term of the certificate. They often offer a higher dividend rate than other types of Share Certificates.
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Can I Use Online and Mobile Banking to Check on my Share Certificate Account?
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Sure! With Online and Mobile Banking, you’ll have access to eStatements, eNotifications, eAlerts, and other convenient features that will make your savings experience easy and satisfying.
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Will I Need to Become an ACU Member Before I Can Open an Account?
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Yes, all types of ACU savings accounts and our competitive rates are only available to members.
Membership is open to:- People who live, work, worship, or attend school in the Pacific Northwest
- Members and employees of the Armed Forces and their relatives
- Members of the Association of the United States Army
- Members of the Pacific Northwest Consumer Council (PNWCC).
Learn more about joining and membership eligibility here.