couples eating street food on the dock

Certificates

High yields. Predictable returns. Peace of mind.

Enjoy up to 4.96% APY‍3 on a 17-month Certificate special.

CDs versus Certificates: What’s the difference?

A few differences exist between the deposit accounts known as Certificates of Deposits (CDs) and Share Certificates (also known simply as “Certificates”).

The most notable differences are in the name and the type of institution that offers each product. For-profit banks offer CDs, whereas member-owned, not-for-profit credit unions provide Certificates.

The federal government insures CD and Certificate investments: The FDIC backs banks, and the NCUA backs credit unions. CDs and Certificates have fixed terms, often from one year to five years. Certificate and CD rates are competitive and can help you safely and securely grow your savings with their low-risk structure and guaranteed returns.

To estimate what you could earn by investing in a Certificate, use our calculator. Then, check out Connexus’ leading Certificate rates in the tables below.

Certificate yields


Get started by opening your Certificate or Jumbo Certificate today.

Apply now

Calculator

Bump-Up Certificate

Our 24-month Bump-Up Certificate offers the option to bump the rate once during the 24-month term.

Available yield

Certificate – Bump-up Rates
TermAPY‍5
24 months4.06%
Accurate as of 11/23/2024

Open your Bump-Up Certificate today.

Apply now

Earn 91% More By Choosing Connexus*

Source: Datatrac. Rates as of November 22, 2024

Our Rates

As High As 3.45% APY for Certificate

National Average

  1.81% APY for 3 Yr CD – $100k

Big Earnings

You Can Earn 91% More With Connexus
Apply now View report

Why Connexus?

$5,000 minimum deposit

You don’t need a large investment to start taking advantage of our high yields. However, if you have $100,000 or more, open a Jumbo Certificate to maximize your returns.

No checking account required

There’s no catch, and no strings attached.

Safe & secure

Your money is federally insured by the National Credit Union Administration (NCUA) to at least $250,000. Learn more about how NCUA insurance works and estimate your coverage at MyCreditUnion.gov.

Available across the U.S.

Not a Connexus member? That’s okay. You can become a member in minutes. Learn more about membership here.

Member success stories

member testimonial photo of Paul

Paul

Wisconsin

“Very happy I joined Connexus. Your customer service was excellent and I’m getting a fantastic (Certificate) rate.”

Profile image of Robert from Florida

Robert

Florida

“Your people are always very helpful, the service is exceptional, and the rates are very competitive and among the highest available. Thanks for the great experience!”

Learn more about Certificates

Credit Unions vs. Banks: What are the Differences?

While there are many similarities, there are also some very key differences. We’ll explain it all, and then you’ll have the info you need to make your choice.

Certificate Laddering: How to Make Your Money Work Harder

Laddering is a strategy used by the most financially savvy Certificate investors. Find out why it works and how to create your own ladder.

FAQs: You asked. We answered.

Share Certificates

Do you offer Individual Retirement Accounts (IRAs)?

Yes, we offer both Traditional and Roth IRAs. Learn more about our IRA options.

Are there penalties for withdrawals before the maturity date?
If your account has an original term of one year or less: The penalty will equal 90 days dividends on the amount withdrawn subject to penalty. If your account has an original term of more than one year, but less than five years: The penalty we may impose will equal 180 days dividends on the amount withdrawn subject to penalty. If your account has an original term of five years or greater: The penalty we may impose will equal 365 days dividends on the amount withdrawn subject to penalty.
How often is the dividend on a Certificate compounded?

Dividends on Connexus Certificates are compounded and credited to your account quarterly. Alternatively, you may choose to have dividends automatically posted to another Connexus account quarterly or paid directly to you in the form of a check.

I’m interested in a Certificate, but I’m not a Connexus Credit Union member. Can I still open a Certificate?

We do require you to become a member to open a Certificate. Becoming a member is easy. See our Membership Eligibility page to get started.

Where can I find the status of my application?
If you already submitted an application, you can check its status online. Don’t want to wait? Check your application status now.
How long will it take for my membership application to be approved or denied?
It can take up to three business days for an application to be approved or denied. Don’t want to wait? Check your application status now.
How will I be notified of the status of my account after submitting my application?
You will be notified via email as to whether your account is approved. Don’t want to wait? Check your application status now.
What information do I need to apply online?
You must:
  • Be a U.S. citizen or resident alien.
  • Be 18 years of age or older.
  • Have a Social Security number and a driver’s license, military ID, passport, permanent resident card, or state-issued ID.
What’s a Jumbo Certificate?

Jumbo Certificates are the same as our standard Certificates except that they have a minimum balance requirement of $100,000 (versus $5,000 for our standard Certificates).

What happens when my certificate renews?

When your Bump-Up Certificate renews, it will automatically renew into a 24-month Bump-Up Certificate at the then-current yield. Your renewed certificate will allow you to bump the yield once during the new term.

How do I request a bump-up?

You can request a bump to the current 24-month yield by calling our Member Contact Center at 800.845.5025 or visiting your local branch and returning a brief form. We typically process bump-up requests within two (2) business days of the request and the return of the completed form.

What is a Bump-Up Certificate?

A Bump-Up Certificate allows the account holder to increase (or “bump up”) the annual percentage yield once during the term to the current 24-month Bump-Up Certificate yield. This option allows the account holder to take advantage of rising yields, should they increase during the term.