Certificates are safe, stable savings options that allow you to lock in a fixed dividend rate for the term of the certificate. They offer a higher dividend rate than Savings or Money Market accounts.
• Variety of terms available from 6-36 months. Dividends can be paid to the certificate or transferred to your savings or checking account on a monthly basis.
• Available as an IRA. Check our IRA Accounts page for more information.
• Federally Insured by the NCUA
• Fees may reduce earnings and an early withdrawl penalty may apply. Learn more about minimum requirements and Truth in Savings Disclosures by visiting our Deposit Account Rates page.
OnPar Rate Match
With OnPar Certificate Accounts, we will match the rate, minimum balance and terms offered at any NCUA or FDIC insured institutions. The credit union will simply need to verify the rate and term being matched by viewing the competitors website or by reviewing a print ad. The maximum Annual Percentage Yield may not exceed our cap of 3%, and the minimum term available is 6 months.
Contact us for more information.
Our Step-Up Certificates give a one-time option to adjust the Annual Percentage Yield (APY) to the current-day Progressions Credit Union APY offered for new certificates of identical terms. This is a great benefit in the event dividend rates rise during the term of your certificate. No need to worry you are missing out on the higher rate. Your certificate’s original maturity date will not change nor will your dividend rate decrease in the event rates go down. Learn more on our Deposit Accounts Rate page