Share Certificates

Share Certificates

A share certificate is an account issued by the credit union that is open for a specific amount of time and guaranteed a fixed rate, similar to a certificate of deposit (CD). Funds in the account cannot be taken out early without a penalty, but the rates are typically higher than traditional savings, checking, or money market accounts.

Why invest in a share certificate?

  • Guaranteed rate of return.
    In a share certificate, you have control over the deposit amount, term, and rate. You can calculate your dividends and know exactly what to expect in return.
     
  • Investment options are endless.
    Choose a term that fits your needs, whether its three months or five years.
     
  • Low upfront deposit.
    You can open a share certificate account with as little as $500 and see better returns, while a money market typically requires more upfront with lower rates.
     
  • Member only features.
    Archer Credit Union offers a variety of share certificate options, as well as IRA and student-specific accounts.
     
  • Peace of mind.
    The National Credit Union Administration federally insures share certificates up to $250,000.
Share Certificates
Minimum $500.00 to Open Certificate		 RATE APY

6 Month

 0.82% 0.82%

12 Month

 1.31% 1.32%

18 Month

 1.46% 1.47%

24 Month

 1.52% 1.53%

30 Month

 1.71% 1.72%

36 Month

 2.53% 2.55%

48 Month

 2.87% 2.90%

60 Month

 3.11% 3.15%
IRA Share Certificates
Minimum $500 to Open Certificate		    

4 Year

    
2.87% 2.90%

5 Year

    
3.11% 3.15%
One Year Student Share Certificates
Minimum $500.00 to $10,000.00 Maximum.
Eligible through age 22.		 1.50% 1.50%


**Annual Percentage Yield
RATES ARE SUBJECT TO CHANGE ANYTIME

YOUR DEPOSITS AND INVESTMENTS AT ARCHER COOPERATIVE CREDIT UNION REMAIN IN OUR LOCAL AREA TO SERVE THE NEEDS OF THE CREDIT UNION, THE MEMBERS AND THE COMMUNITIES WE SERVE.

90 days interest penalty will apply with an early withdrawal for 2 year or less certificates.
180 days interest penalty will apply with an early withdrawal for over 2 year certificates.