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Certificate (CD) Shares

A great place to put extra funds when you want to earn higher dividends than regular Savings or Money Market Share Accounts

Reasons to invest in a Certificate Share Account

  • Earn a guaranteed (fixed rate) return. Leave your funds in for the full term and you can calculate your dividends up front
  • Many options to choose from: if you think rates will go up, invest short term; if you think rates may decline, invest in a long-term certificate
  • Less risky alternative to the stock market
  • Share Certificates are federally insured by the NCUA (National Credit Union Administration) to at least $250,000 for each member. (Individual Retirement Accounts (IRAs) are insured by the NCUA for an additional $250,000 per member)

The Details

  • Minimum investment is $1,000
  • Terms are available from 3 months to 5 years
  • Certificates automatically renew at a like term at the current rate

Bump Rate Certificates

Available in 9 month or 15 month options

Allow for a one-time option during the original term to:

  1. Bump the rate to the current rate being offered for this product; and/or
  2. Bump the term for up to three (3) additional months; and/or
  3. Bump the principal deposit balance by making an additional deposit (minimum of $1,000 with a maximum total principal deposit of $100,000, inclusive of the original opening deposit).

EARLY WITHDRAWAL PENALTY FOR SHARE CERTIFICATE ACCOUNTS

We may impose a penalty if you withdraw any of the principal before the maturity date.

Amount of Penalty:
  • Terms of up to one year – 30 days of dividends or $25.00, whichever is less
  • Terms of greater than one year – 90 days of dividends

 

Savings Rates

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Members LoveECSFCU!

  • Karl Danielson 2018
    I've bought three cars through the credit union. They make it very easy, very simple, and you can't beat the interest rate. I highly endorse them, their friendly staff, and the service that East County Schools gives its members!
    Karl Danielson Granite Hills HS Television, Film and Digital Media Teacher
  • ECSFCU is big enough to approve loans with great rates and small enough to provide personal service and products that are important to the educational community.
    Randy Montesanto Grossmont Union High School District
  • We bank with East County Schools Federal Credit Union and learned they also have a great car buying service! We decided to look into it and ended up with the best customer service, an amazing price, no hassle of going to the dealership, and a brand new 2017 Honda Accord Sport! A year later, we were in need of another car for our growing family. It was an easy decision to go with the credit union and New Cars Inc again. The process and customer service didn’t disappoint once again, and we love our new 2018 Honda CRV! A big thank you to New Cars Inc and ECSFCU!
    Carly and Luke Esquerra