Certificates

EARN HIGHER DIVIDENDS – GET MORE FOR YOUR MONEY!

Lock in a guaranteed rate on your savings for a fixed amount of time ranging from three months to five years. Minimum deposits start at $2,000. IRAs are also available with a defined term or a regular IRA savings rate.

  • Earn higher dividends

  • Short-term commitment at no risk

  • Minimum to open $2000

  • Courtesy reminder notice sent 30 days prior to maturity

  • No action required to renew a certificate. Funds are automatically renewed into a new certificate at the current dividend rate, with the same term length at the original certificate, with a 7-day grace period, unless otherwise instructed prior to maturity.

  • Funds are insured by the NCUA

To open your certificate, call us at 619.283.5477 or come visit us at the branch. You can also send us a secure message via your Virtual Online Branch.

LADDER YOUR FUNDS FOR MORE FLEXIBILITY

When opening your new certificates of deposit, we recommend a technique called “laddering”, a strategy that deposits approximately equal amounts in every maturity within a given range, allowing you more flexibility and an ability to move quickly in the event of rate changes. (Early withdrawal penalties may apply when withdrawing funds before the maturity date).

For example, if you had $50,000 in a Money Market Account, you could:

  • Open a 1 year term certificate with $10,000

  • Open a 2 year term certificate with $10,000

  • Open a 3 year term certificate with $10,000

  • Open a 4 year term certificate with $10,000

  • Open a 5 year term certificate with $10,000

Then if rates do go up at some point, you still have some flexibility with certificates maturing at different times. Take a look at our rates and decide what would work best for you.