Certificates
Grow your savings with confidence
Earn 4.50% APY with our 11-month Certificate
$1,000 in new money required
Open a Certificate
At Educational Systems Federal Credit Union, we provide members with a variety of Certificate terms ranging from three to 60 months to suit your financial needs and help you build your savings.
Certificate Accounts
Open a Certificate to secure higher earnings on your savings with flexible terms, competitive interest rates and insured deposits. $500 minimum deposit.
Jumbo Certificates
Open a Jumbo Certificate account to leverage premium interest rates on larger deposits, offering a powerful way to grow your wealth securely and efficiently. $100,000 minimum deposit.
Star Members
A Certificate from Educational Systems Federal Credit Union is a great way to increase savings for your future, whether you’re saving for a college education or a down payment on a house. With terms ranging from three months to five years, the longer you leave the money in the account the more savings you can earn. In addition, Star Members are eligible for a premium annual percentage yield (APY) on new Certificates.
The minimum deposit to open a regular Certificate is $500 and a Jumbo Certificate is $100,000. Dividends for all Certificates are compounded and credited quarterly and are automatically deposited to the Certificate account unless you select another payment option. You may choose to have the dividends paid to you by check or to another account each quarter.
Keep in mind, when choosing the right account for your savings goals, it’s important to do your homework to determine when you'll need the money. Once the Certificate is opened, money cannot be added, and early withdrawals are subject to a penalty. A Certificate can also be opened as an Individual Retirement Account.
Your savings are insured up to at least $250,000.
Certificates and IRAs
| Term | Minimum Balance | Dividend Rate | APY | Star Member Dividend Rate | Star Member APY |
|---|---|---|---|---|---|
| 11 months* Open Now | $1,000 | 4.41% | 4.50% | 4.46% | 4.55% |
| 9 months Open Now | $500 | 3.94% | 4.00% | 3.99% | 4.05% |
| 12 months Open Now | $500 | 3.84% | 3.90% | 3.89% | 3.95% |
| 24 months Open Now | $500 | 3.80% | 3.85% | 3.84% | 3.90% |
| 18 months Open Now | $500 | 3.75% | 3.80% | 3.80% | 3.85% |
| 60 months Open Now | $500 | 3.65% | 3.70% | 3.70% | 3.75% |
| 6 months Open Now | $500 | 3.65% | 3.70% | 3.70% | 3.75% |
| 48 months Open Now | $500 | 3.60% | 3.65% | 3.65% | 3.70% |
| 36 months Open Now | $500 | 3.55% | 3.60% | 3.60% | 3.65% |
| 3 months Open Now | $500 | 2.97% | 3.00% | 3.02% | 3.05% |
APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal. Membership eligibility required.
Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans. Business and Association accounts are not eligible for the Star Member Program.
*Promotional APYs apply to new 11-month Certificates opened September 1 through October 31, 2026. A minimum of $1,000 in new money is required to qualify for this promotion. New money is defined as funds not previously on deposit with Educational Systems Federal Credit Union that are transferred from another financial institution electronically or deposited by cash or check within the 30 days prior to opening the Certificate. The promotional APY is 4.50% for balances of $1,000 to $99,999.99 and 4.55% for balances of $100,000 or more. Existing Star Members (members with $25,000 in combined deposits and/or loans) are eligible for APYs of 4.55% and 4.60%, respectively. The 11-month promotional Certificate will be established after the new-money requirement is verified. If the $1,000 new-money requirement is not met, the promotional Certificate rate will not apply, and the funds will be transferred to a 12-month Certificate at the applicable standard rate. This limited-time offer applies only to new Certificates and may change without notice. Dividends are compounded and credited monthly. Additional deposits are not permitted after opening. A penalty may apply for early withdrawal, and fees could reduce earnings. At maturity, the 11-month Certificate will automatically renew as a 12-month Certificate at the rate then in effect unless the member provides other instructions on or before the maturity date. Applicants must meet membership eligibility requirements.
Jumbo Certificates
| Term | Minimum Balance | Dividend Rate | APY | Star Member Dividend Rate | Star Member APY |
|---|---|---|---|---|---|
| 11 months* Open Now | $100,000 | 4.46% | 4.55% | 4.51% | 4.60% |
| 9 months Open Now | $100,000 | 3.99% | 4.05% | 4.04% | 4.10% |
| 12 months Open Now | $100,000 | 3.89% | 3.95% | 3.94% | 4.00% |
| 24 months Open Now | $100,000 | 3.84% | 3.90% | 3.89% | 3.95% |
| 18 months Open Now | $100,000 | 3.80% | 3.85% | 3.85% | 3.90% |
| 60 months Open Now | $100,000 | 3.70% | 3.75% | 3.75% | 3.80% |
| 6 months Open Now | $100,000 | 3.70% | 3.75% | 3.75% | 3.80% |
| 48 months Open Now | $100,000 | 3.65% | 3.70% | 3.70% | 3.75% |
| 36 months Open Now | $100,000 | 3.60% | 3.65% | 3.65% | 3.70% |
| 3 months Open Now | $100,000 | 3.02% | 3.05% | 3.06% | 3.10% |
APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal. Membership eligibility required.
Jumbo Certificate: A Jumbo Certificate can be opened with a minimum balance of $100,000. APYs, terms and disclosures also apply to IRA Certificates and individual retirement accounts.
Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans. Business and Association accounts are not eligible for the Star Member Program.
*Promotional APYs apply to new 11-month Certificates opened September 1 through October 31, 2026. A minimum of $1,000 in new money is required to qualify for this promotion. New money is defined as funds not previously on deposit with Educational Systems Federal Credit Union that are transferred from another financial institution electronically or deposited by cash or check within the 30 days prior to opening the Certificate. The promotional APY is 4.50% for balances of $1,000 to $99,999.99 and 4.55% for balances of $100,000 or more. Existing Star Members (members with $25,000 in combined deposits and/or loans) are eligible for APYs of 4.55% and 4.60%, respectively. The 11-month promotional Certificate will be established after the new-money requirement is verified. If the $1,000 new-money requirement is not met, the promotional Certificate rate will not apply, and the funds will be transferred to a 12-month Certificate at the applicable standard rate. This limited-time offer applies only to new Certificates and may change without notice. Dividends are compounded and credited monthly. Additional deposits are not permitted after opening. A penalty may apply for early withdrawal, and fees could reduce earnings. At maturity, the 11-month Certificate will automatically renew as a 12-month Certificate at the rate then in effect unless the member provides other instructions on or before the maturity date. Applicants must meet membership eligibility requirements.
Unlock smart strategies to save more money and reach your goals.
- Take advantage of higher-yield savings accounts or certificates to earn more interest
- Apply the 50/30/20 budget rule: 50% to needs, 30% to wants, and 20% to savings and debt repayment
- Save windfalls like tax refunds, bonuses, or gift money rather than spending them
- Review your subscriptions and recurring expenses quarterly to cancel services you not longer use
Save for your financial future with a Certificate
Helpful Tip
If you're building your credit, a Certificate can be used to secure a loan. A Certificate Secured Loan is a Personal Loan that allows you to use the funds in your Certificate as collateral.