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Certificate Accounts

Earn more on the money you're already saving

Start saving money on your own terms

Today's Rates1

APY as high as 2

Certificates are a type of savings account with a specified term, maturity date, and dividend rate. Terms range from just 6 months to 5 years.

Choose the term that’s right for you and:

  • Earn monthly dividends at a competitive rate.2
  • Keep the same rate throughout the term of the certificate.
  • Open a certificate with as little as $500.
  • Rest easy knowing that your savings are federally insured by the NCUA up to $250,000.

Certificates automatically renew to easily keep investing with a 10-day grace period on maturity.

Why choose a certificate account?

Fundamentally, certificate accounts are a great way to earn competitive dividends on low-risk, long-term investments. It's an incredible tool to help you effectively invest money in a safe way. Set aside funds for a designated period of time and in return, you receive a higher dividend rate than with a traditional savings account. If you need to access your funds before maturity, you are able to break the certificate at any time, but know that an early withdrawal penalty will be deducted from your balance.

Balance your portfolio

Because certificate accounts are insured up to $250,000 by the NCUA, they're a low-risk way to invest your money - and a good option for balancing your investment portfolio.

How to open a certificate

Open your First Credit Union account online today by clicking “Become a Member” and following the instructions on screen. Once your account is established a Member Service Representative will reach out to open your Certificate.

You can also visit any of our branch locations, video chat or call our Member Solutions Center at (480) 756-5500 or toll-free at (800) 732-6986 if outside the Phoenix area.

Already a member?

You also have the option to open a certificate account via digital banking – simply follow the steps outlined below:


Open the Services tab, then select "Open Account"

Add to Cart

Select "Add Products," find the certificate and add to cart. Follow the onscreen instructions to open your new certificate account.

Certificate Account FAQs

What if I need the money before the certificate matures?

Certificates are designed to hold your money for a set length of time in exchange for a set rate of return, but there are ways to access the money earlier if you need it:

  • You can borrow against your certificate with a Certificate Secured Loan.
  • You may withdraw the money before your certificate matures, but an early withdrawal penalty will be deducted from your balance.
How are my dividends paid?

Dividends are compounded and credited monthly.

Your certificate will automatically renew for another term upon maturity. For all accounts, you have a grace period of ten (10) days before and ten (10) days after maturity in which to withdraw funds from the account without being charged.

What is certificate laddering?

Certificate laddering is a savings strategy that distributes your funds across multiple certificates with different rates and terms. This allows you to take advantage of the higher rates that are usually available for longer-term certificates, but also allows you earlier access to the money that you place in shorter-term certificates.

What is the difference between a certificate account and a certificate of deposit (CD)?

The main difference between certificate accounts and certificates of deposits (CDs) are that CDs are products offered by for-profit banks, while certificate accounts are offered by member-owned, not-for-profit credit unions. This means a CD earns interest and certificate accounts earn dividends.

1Current offer rates are subject to change at any time for any reason. Visit our rates page for full details.

2APY = Annual Percentage Yield, which is an estimated annualized rate of return that considers both the dividend rate and frequency compounding. Dividends are prospective. Dividends will begin to accrue on non-cash deposits on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will not be paid. In case of early withdrawal or fees, earnings could be reduced. Please see details below. The rate, APY, and service cost schedule may change at any time without notice. Other investments are also available. Call (480) 756-5500 for more information.

Early Withdrawal Penalty. We may impose a penalty if you withdraw from your account before the maturity date.

Amount of Penalty. For all accounts, the amount of the early withdrawal penalty is equal to 1.00% of the certificate principal per day throughout the remaining term of the certificate. There is a minimum early withdrawal penalty of $25.00 and a maximum penalty of 2.00% of the principal balance if more than two (2) years of the certificate term remain.

To calculate the penalty, use the following formula: Principal Amount x .01 x Number of Days Remaining ÷ 365; If this amount is below $25.00, the penalty will be $25.00; If the period remaining exceeds 2 years, the number of remaining days will be capped at 730 days.

For Special Certificate Account – $500 minimum balance required to open and maintain. Penalties apply for early withdrawals. Fees may reduce earnings. Offer not available for financial institutions or other institutional investors. Rate cannot be applied to previously opened certificates. Offering rates may be subject to change.