Certificates
A CapEd Certificate is a great way to save and earn a higher dividend rate than other savings or checking accounts.
What is a Certificate?
A Certificate is a savings account that earns a higher dividend rate over time than a standard savings account. Generally, a certificate is used if you have money you want to stash away for months or years that you don't need to use in the immediate future. The money in the certificate account will earn dividends at a fixed rate while it sits there waiting for its maturity date.
Certificate Options
CapEd offers three primary certificate options:
Share Certificates
With as little as $500, members can invest in a fixed rate share certificate and maximize their earnings. A minimum balance of $500 is required with terms of 6 to 60 months available.
Smart Step Certificates
A Smart Step Certificate can be opened by or for members under age 25. A minimum deposit of $25 is all that is required for a Smart Step Certificate. 6 month and 12 month options are available.
Benefits and Features
- No monthly service charges
- Earns a fixed rate dividend until maturity
- Terms of 6 months to 60 months
- Paper or e-statements
- Earns dividends that are compounded and credited quarterly
- Dividends may be accumulated in the account or transferred to another account
- Federally insured by NCUA
Rates
Rates current as of .
| Term | Minimum Deposit | Dividend Rate | APY1 |
|---|---|---|---|
| 6 Months | $ | % | % |
| 12 Months | $ | % | % |
| 24 Months | $ | % | % |
| 36 Months | $ | % | % |
| 60 Months | $ | % | % |
All promotional certificates must be opened with funds that are not currently held in a CapEd Credit Union account or that have been deposited to a CapEd Credit Union account less than 30 days.
| Term | Minimum Deposit | Dividend Rate | APY1 |
|---|---|---|---|
| 6 Months | $ | % | % |
| 12 Months | $ | % | % |
| Term | Minimum Deposit | Dividend Rate | APY1 |
|---|---|---|---|
| 6 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 12 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 18 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 24 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 36 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 48 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % | |
| 60 Months | $500 | % | % |
| $10,000 | % | % | |
| $50,000 | % | % |
Request a Certificate Account
Make a request for a Share Certificate Account or a Smart Step Certificate Account.
Resources
Calculators to help you find out how much interest you can earn on a Share Certificate.