Discover how Service Credit Union’s Share Certificates can help you secure your financial future with competitive rates, guaranteed growth, and flexibility. Learn everything you need to know about these high-yield savings options.
Introduction
When it comes to saving for the future, you want more than just security—you want growth. Service Credit Union’s Share Certificates offer just that. With guaranteed interest rates, flexible terms, and federal insurance protection, these certificates are a smart way to turn your savings into something more.
Whether you’re saving for a dream vacation, a down payment on a home, or simply building an emergency fund, Service Credit Union’s Share Certificates provide peace of mind while growing your funds.
Service CU’s Share Certificates are available nationwide via membership, such as military affiliation.
Let’s explore how these certificates work and how you can benefit.
Key Takeaways
- Earn up to 4.50% APY with Service Credit Union’s Share Certificates.
- Guaranteed returns on fixed-rate terms ranging from 3 to 60 months.
- NCUA insured for up to $250,000, providing complete peace of mind.
- Minimum deposit of only $500 to get started.
What Are Share Certificates?
A Share Certificate is similar to a Certificate of Deposit (CD) at a bank, but offered by credit unions. It’s a savings account where you commit to leaving your funds untouched for a set period of time in exchange for higher interest rates. With Service Credit Union’s Share Certificates, you can enjoy competitive APY rates that are locked in for the duration of your chosen term, providing a safe and predictable way to grow your money.
Service Credit Union Share Certificate Rates (Effective as of 5/20/2025)
| MINIMUM DAILY BALANCE TO OBTAIN APY | TERM | DIVIDEND RATE | ANNUAL PERCENTAGE YIELD |
|---|---|---|---|
| $500.00 | 3 Months | 3.687% | 3.75%* |
| $500.00 | 6 Months | 4.073% | 4.15%* |
| $500.00 | 9 Months | 4.073% | 4.15%* |
| $500.00 | 12 Months | 3.977% | 4.05%* |
| $500.00 | 15 Months | 3.445% | 3.50%* |
| $500.00 | 18 Months | 3.203% | 3.25%* |
| $500.00 | 24 Months | 2.960% | 3.00%* |
| $500.00 | 36 Months | 2.325% | 2.35%* |
| $500.00 | 48 Months | 2.423% | 2.45%* |
| $500.00 | 60 Months | 2.472% | 2.50%* |
*Rates shown are Annual Percentage Yields (APY), accurate as of 05/20/2025, and subject to change without notice as determined by the Board of Directors. Minimum deposit of $500 required. Penalty for early withdrawal. The APY is based on the assumption that dividends will remain on deposit until maturity. Withdrawal or fee will reduce earnings. Certificates are fixed-rate accounts and*
Note: Early withdrawal penalties apply. Rates are subject to change, so lock in these competitive rates while they last!
Benefits of Service Credit Union Share Certificates
1. Guaranteed Growth with Fixed APY
When you invest in a share certificate, your APY is guaranteed for the entire term. This means you’ll know exactly how much you’ll earn by the end of your term—no surprises, no fluctuations. It’s a secure way to grow your savings.
2. Flexible Terms to Suit Your Needs
Whether you want a short-term investment or a longer commitment, Service Credit Union offers terms from 3 months to 60 months. This flexibility allows you to choose a term that fits your financial goals, whether you’re saving for a near-term purchase or long-term security.
3. Low Minimum Deposit
You don’t need thousands of dollars to get started. With a minimum deposit of $500, Service Credit Union makes it easy for anyone to take advantage of their share certificate rates.
4. Federally Insured Security
Your funds are safe with NCUA insurance covering up to $250,000 per account. This means your savings are backed by the federal government, ensuring that your money is protected no matter what.
5. Compound Dividends
Dividends on share certificates are compounded monthly and credited directly to your account. This means your savings grow faster, as you earn interest on both your principal and the dividends you’ve already earned.
How to Open a Share Certificate
Opening a Service Credit Union Share Certificate is simple. Here’s how you can get started:
- Choose Your Term: Pick a term length that aligns with your financial goals. Whether it’s 6 months for a short-term goal or 5 years for long-term savings, Service Credit Union has options.
- Make Your Initial Deposit: With as little as $500, you can open a share certificate and start earning a competitive APY.
- Watch Your Money Grow: Sit back and relax as your savings grow with guaranteed interest, compounded monthly.
- Maturity Options: When your certificate matures, you can either withdraw your funds, including the dividends earned, or roll it over into a new share certificate to keep growing your savings.
Service CU Availability & Eligibility
Service Credit Union is available nationwide to individuals through military affiliation and other eligible members. Here’s who qualifies:
- Military Affiliation:
- Active duty military personnel, veterans, and their families, as well as those affiliated with the U.S. Department of Defense or stationed overseas, particularly in Germany, are eligible for membership.
- New Hampshire Residents:
- Anyone who lives or works in the state of New Hampshire qualifies for membership.
- Massachusetts Residents:
- Residents of Falmouth, Massachusetts, can also become members.
- Immediate Family Members:
- Family members of existing Service Credit Union members can join, regardless of their location.
With its strong online and mobile banking services, Service Credit Union provides easy access to financial services for members nationwide.
FAQs About Service Credit Union Share Certificates
What Happens if I Need to Withdraw Funds Early?
Early withdrawals are allowed, but they come with penalties. It’s important to choose a term that matches your financial timeline to avoid these fees.
Are There Any Fees for Maintaining a Share Certificate?
There are no maintenance fees for Service Credit Union Share Certificates. However, penalties apply for early withdrawals.
What Happens When My Share Certificate Matures?
When your certificate reaches maturity, you’ll have the option to withdraw your funds or roll them over into a new certificate at the current rate.
Is My Money Safe in a Share Certificate?
Yes! Your funds are federally insured by the NCUA for up to $250,000.
Our Take
With guaranteed rates, a low minimum deposit, and terms that fit a variety of needs, these certificates are a safe and effective way to reach your financial goals. Plus, with NCUA insurance and no hidden fees, you can trust that your money is in good hands.
Service CU also offer checking accounts that can meet your banking needs with competitive rates and comprehensive services. Read our full review to learn more.
For more online CD accounts, see our comprehensive list here.
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