Grow Your Money with a Savings Certificate

November 6, 2024 - Investing is within reach, no matter what stage of life you’re in! With a savings certificate from Credit Union West, you can make your money work for you. A savings certificate is a type of savings account with a fixed interest rate and a set date for withdrawal, called the maturity date. They are a good option for people who have funds they don't need to access for a while and want to earn a guaranteed rate of return. Savings certificates are a safe, low-stress, low maintenance, guaranteed way to grow your money with minimal risk outside the stock market. Funds are insured by NCUA up to $250,000 or more if it's a joint account.

When you open a certificate, you know exactly how much you will earn over time. At Credit Union West, you can select the rate and term that work best for you. Choose from our traditional six, 12, 24, 36, or 60 month terms, or choose a promotional certificate with nine, 13, 18, or 25 month terms available. We also offer a low minimum deposit of $500, so no matter where you are on your financial path, you can start to build your savings and make your money work for you. After opening a savings certificate, you won’t have to do anything but sit back and wait for it to mature.

Now you can open a savings certificate online! We're excited to offer this new online service to make it convenient for you to grow your money. To celebrate, we're offering great rates on 9-month and 18-month saving certificates when opened online with an external account. This offer is available for a limited time and transfers from existing CU West accounts are not eligible for this special offer. Get a great rate when you move your money to Credit Union West!