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Certificate Account

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Certificate Account

Lock in a great rate with a certificate!

Invest now for your future with our Certificate Account, one of the safest ways of investing your money. As with all of our savings products, you’re federally insured up to $250,000. A minimum deposit of $500 is all that is required.

To open your Certificate Account, click the red "Apply" button above.

 

How to Open a Certificate of Account

1. Click the "Apply for Membership" button above to access the Certificate of Account form

2. Fill in your name, account number, deposit amount, and certificate term at the top of the form; select "regular" as your account type

3. Decide if you want your interest earnings deposited to the certificate account (default), or deposited to another account, and indicate this on the form

4. Leave the issuance date, maturity date, APR, and APY fields blank.  Credit union staff will complete this for you.

5. Sign and date the bottom of the form.

6. Submit the form to the credit union via fax (212) 575-5836 or via a secure message from our mobile banking app.  You may also submit the form by mail to 165 W. 46th Street, 14th floor, New York, NY 10036

 

*APY = Annual Percentage Yield.  Rates are subject to change without notice. The above referenced dividend rate will be paid until first maturity. Because the Annual Percentage Yield (APY) is based on an assumption that dividends will remain in the account until maturity, a withdrawal will reduce earnings. A penalty will be assessed for early withdrawal. Earnings are determined by the amount of money deposited, the amount of time they are held, and the dividend rate/APY.  
Term APY APR
6 months 0.10% 0.10%
12 months 0.25% 0.25%
24 months 0.45% 0.45%
36 months 0.65% 0.65%
60 months 0.75% 0.75%
SPECIAL    
9 months 4.07% 4.00%

APY = Annual Percentage Yield; APR = Annual Percentage Rate

Rates and terms subject to change without notice. As of 03/20/2023
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