Grow Your Money With COPFCU Savings Certificates.
Secure the best rates for a set period of time.
Looking to amplify your savings? Discover the power of a COPFCU Savings Certificate, featuring the highest rates of any of our savings products. Certificates are recommended for funds that you won’t need during the term because the funds are locked in to the certificate. Certificate terms range from 3 months to 5 years. The longer the term, the more interest you’ll earn.
Benefits of a Savings Certificate:
- $1,000 minimum to open
- The highest rates offered for any COPFCU savings product
- Safe, federally insured investment
- Terms from 3 months to 5 years
- The longer the term, the more you’ll earn
Certificate Rates
Base Rates
| Term | APY* | Rate |
|---|---|---|
| 3 mo. | 3.00% | 2.960% |
| 6 mo. | 3.75% | 3.687% |
| 9 mo. | 3.75% | 3.687% |
| 1 yr. | 3.85% | 3.783% |
| 18 mo. | 4.00% | 3.928% |
| 2 yr. | 3.50% | 3.445% |
| 30 mo. | 3.50% | 3.445% |
| 3 yr. | 3.50% | 3.445% |
| 4 yr. | 3.55% | 3.493% |
| 5 yr. | 3.55% | 3.493% |
FAQs
Is there a penalty if I need to close the Certificate?
Yes, penalties apply for early closure or withdrawal from a Certificate. The penalty is half the dividends that would have been earned during the term of the certificate. If the penalty to be applied exceeds the amount of dividends earned at the time of withdrawal, then the portion of the penalty in excess of the dividend earned shall be deducted from the principal amount.
Can my rate change during the term I selected?
No. Once you lock in your rate, you are guaranteed that it won’t change.
When are dividends paid?
Dividends are paid monthly and are usually applied to the certificate balance.