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Share Certificate of Deposit Specials

Certificates of Deposit

When you invest in a Certificate of Deposit with SCU Credit Union, you’re choosing a savings tool that combines security and good returns. Plus, your deposits are 100% insured, meaning your money is always safe, no matter how much you save.

open a certificate of deposit

 It's time to make your money work harder for you. Explore our Share Certificates of Deposits and discover how you can maximize your savings today! 

Highlights


  • 3 to 60 month terms
  • Fixed interest rates
  • $500 minimum deposit required

Why Choose Our Share Certificates?


  • Safety First: Your funds are fully insured by the NCUA and MSIC, ensuring they are protected no matter what.
  • Better Rates: Enjoy higher rates compared to regular share savings or money market accounts, giving you more bang for your buck.
  • Predictable Returns: Lock in a fixed rate for the term of the certificate, so you know exactly how much you'll earn by maturity.

Your monthly dividends can be withdrawn, transferred to another SCU Credit Union product, or can be compounded. Principal can be withdrawn prior to term but will incur a penalty.

Your money is 100% safe. 100% insured.

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

Table data for Certificates of Deposit Account Specials
 Effective Date: May 1, 2025
Description Rate APY1 Minimum Balance2 Alert Me
9 Month Special 3.69% 3.75% $500.00 Receive a notification when this rate changes
15 Month Special 3.69% 3.75% $500.00 Receive a notification when this rate changes
30 Month Special 3.69% 3.75% $500.00 Receive a notification when this rate changes
  • 1APY = Annual Percentage Yield. All offered rates subject to change at any time. Rates for Certificate accounts are fixed at the time of account opening for the term of the account. Penalty may apply for early withdrawal from a Certificate account. Fees may reduce earnings. Please refer to SCU's Important Account Information for Our Members and Schedule of Fees and Service Charges for important information and disclosures.
  • 2Minimum balance required to open and earn the stated Annual Percentage Yield. Other terms and conditions may apply.

Information and interactive calculators are provided as self-help tools for personal use and are not intended to offer investment advice. We cannot guarantee their relevance or accuracy about your specific situation. All examples are hypothetical and meant for illustrative purposes only. We encourage you to seek personalized advice from qualified professionals for personal finance matters.

A Local Partner You Can Trust
At SCU Credit Union, we’ve served members in SharonMansfieldNorth AttleboroFoxboroEast WalpoleTauntonBrockton, and everywhere in between for years. Our team takes the time to understand your needs and provide guidance every step of the way.

Certificate of Deposit | Frequently Asked Questions

  • What is a Share Certificate of Deposit?

    A Share Certificate of Deposit (CD) is a savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued with minimum balance of $500. When you open a CD, your money is on deposit for a specific time period. For agreeing to keep it on deposit for a specified time period, you earn more than you would in a regular savings account. If you cash it in before its maturity date, you pay a penalty. 

    BLOG: CDs versus Share Certificates, is there a difference?

  • Are my deposits fully insured?

    SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.