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Savings Certificates

Boost Your Savings with Rate Bumps Through March1

Lock in a great interest rate at opening, and then bump it up if savings rates increase during your term.

Overview

Make the most of your money with a high-yield savings certificate. Get a better rate when you maintain an active checking account with RCU.2

Rates2

With active checking

Earn up to %APYView all rates

Standard (without active checking)

Earn up to %APYView all rates

Highlights

Free Bump Up Option1

Due to popular demand, we're extending our free "bump up" promotion through March 31, 2024. Select the "bump up" option at the time of account opening to get a new, higher interest rate if rates increase during your term.

Free add on option3

Extended through March 31, we’ll waive the initial rate reduction when you select the add on option when you open your certificate. This allows you to deposit additional funds anytime during your term ($500 minimum).

Dividends compounded monthly

By compounding dividends every month, you earn dividends on your dividends.

Flexible dividend payments

Choose how to receive dividends: reinvest, transfer to another account, or get a monthly check.

And more...

Good to know

$1,000 minimum initial deposit

To open a savings certificate, you must make an initial deposit of at least $1,000.

Put at least $5 in regular savings

You must have at least $5 in a regular savings account to open a savings certificate, and at least $75 to avoid a monthly minimum balance fee.

View Regular Savings

Early withdrawal penalty

If you withdraw money from the certificate before the term is over, there is an early withdrawal penalty.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Rate
%
$
Months

How to open an account

Opening an account is easy and we're here to help if you need it.

  • 1

    Apply online

    It takes just minutes. Have your Social Security number and driver's license or valid ID handy.

  • 2

    Deposit money

    Move money into your new account so you can start using it.

  • 3

    Manage your money online

    Easily manage your money with online and mobile banking.

Open a Savings Certificate

Your hard-earned money is safe

  • stability-rating-1123

    Received Bauer Financial's 5-star Superior rating for strength based on financial data as of June 30, 2023.

  • #1-healthiest-cu

    Rated #1 healthiest credit union in California according to Glatt Consulting’s 2023 Credit Union Industry HealthScore

I don't usually write reviews but this branch is worth going the extra mile to thank. Kind, courteous customer service and a great affinity for detail. They are like a regular bank except you are their investors and they treat you like a person because of that.

— Eric P.

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Ready to earn more on your savings?

Earn a higher rate on your savings with a federally-insured savings certificate.

  • 1Promotion valid through March 31, 2024. Free one-time optional rate bump feature must be requested at the time of account opening and can be done at an RCU branch or by phone. Currently not available in digital banking. This option is only available for a limited time and is available on all savings certificates and savings IRA accounts. You may request a rate increase equal to RCU’s current rates for the same product and term as of the date of request. This feature will not carry over to the renewed product unless you request the feature at renewal, and it is available.

    2APY = Annual Percentage Yield. Certificate yields assume dividends remain in account until maturity, penalty imposed for early withdrawal. Fees may reduce earnings. Rates effective October 29, 2024 and are subject to change. To open, obtain, and maintain the advertised rate for the certificate, you must have a $1,000 deposit and an active checking account at RCU. Active checking is defined as a checking account having three or more transactions per month (excluding telephone teller or dividend posting transactions).

    3Promotion valid through March 31, 2024. Free add-on feature must be requested at time of account opening and can be done at an RCU branch or by phone. Currently not available in digital banking. This option is only available for a limited time and is available on all savings certificates and IRA accounts, except for liquid certificates. Add-on deposits must be $500.00 or more and can be completed at any time during the certificate term. This feature will not carry over to the renewed product unless you request the feature at renewal and it is available.

    4Consult a tax advisor for specific tax implications.

Calculate your savings

Use this calculator to find out how much you can earn on a certificate

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