Deciding what to do with extra money doesn’t have to be complicated. Whether you’re building an emergency fund, planning ahead for a big purchase or just looking to make your money work harder, Certificate Accounts can be a smart part of your savings strategy. They offer stability and predictability to help you reach your financial goals with confidence.

What is a Certificate Account?

Certificate Accounts, also known as Share Certificates at some credit unions and Certificates of Deposit at banks, are a savings option that provides a guaranteed return in exchange for keeping your money deposited for a set amount of time. At Grow Financial, we offer flexible terms ranging from six to 60 months, with competitive rates that reward your commitment. With a minimum deposit of $500 to start, you can begin building a more secure future today.

Curious about how much you could earn? Try our new Certificate Account Calculator — just enter your deposit amount and choose a term to instantly see your estimated returns.

Benefits of Certificate Accounts

Higher earnings
Certificate Accounts offer higher annual percentage yields (APY) than traditional savings accounts or money markets. The APY reflects how often we compound your dividends, giving you an apples-to-apples comparison of returns.

Flexible terms
Choose a term that fits your timeline. Whether you’re saving for something in six months or stashing funds for the next five years, you have options. You can also open multiple Certificate Accounts with different maturity dates as part of the popular certificate laddering strategy. Learn how.

Security you can count on
Your money is safe. Certificate Accounts at Grow are insured by the National Credit Union Administration (NCUA), and your return is guaranteed if you hold the certificate until it matures. Enjoy peace of mind and no investment risk, making Certificate Accounts a perfect option as part of a well-rounded financial plan.

What’s the catch?

There is a tradeoff between immediate access to your funds and a higher rate of return. With a Certificate Account, you agree to keep your money in the account for a set period, and in exchange, we lock in (guarantee) a competitive rate of return for the term. Withdrawing money early typically results in a penalty. That’s why it’s important to pick a term that works for your needs. (Some members even see this structure as a built-in motivator to stay committed to their savings goals!)

Looking for retirement options? Try an IRA Certificate.

If you’re planning for retirement, consider an IRA Certificate Account. It combines the stability of a certificate with potential tax advantages* of an individual retirement account.

Get started today!

Ready to start doing more with your money? Use our calculator to explore your earning potential, then open a Certificate Account that fits your goals. Visit growfinancial.org to learn more and apply.

Open an Account

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• Savings Education