Certificates

A Certificate of Deposit (CD) is a secure, safe, and federally insured investment vehicle. It allows you to increase your savings potential by offering a higher rate of return than a regular savings accounts. A low minimum balance and flexible terms make it easy for you to add this high-yield deposit option to your investment portfolio.




Grow your savings faster with our NEW 21-Month CD Special. This limited-time offer is available through August 8, 2018. Learn more.


BENEFITS

Flexible terms

FLEXIBLE TERMS

Terms for certificates can be as short as one year or as long as five years.

Low minimum deposit

LOW MINIMUM DEPOSIT

The minimum deposit required to open any certificate is only $500.

High annual yield

HIGH ANNUAL YIELD

Certificates have a higher APY than regular savings for long-term investments.

Fixed rate

FIXED RATE

Certificates feature a fixed-rate annual percentage yield for all term lengths.

Monthly-Dividends

MONTHLY INTEREST

Interest earnings are compounded and credited to your account monthly.

No penalty withdrawal

INTEREST WITHDRAWAL

Earned interest can be withdrawn without penalty.

Think you need a shorter-term certificate? Enjoy a competitive yield on short-term savings with the Share Savings account. This account offers a premium return on the first $1,000 without restricting access to your funds. Learn more about this simple savings option, which establishes you as a member of VSECU.


21-MONTH CD SPECIAL RATES

Grow your savings faster with our NEW 21-Month CD Special. This limited-time offer is available through August 8, 2018. Don’t miss out! Learn more.

Account Type Minimum Daily Balance to Earn APY Minimum Balance to Open Account APY
21-Month CD (New Money) $500 $500 2.50%

Annual Percentage Yield (APY) listed for certificate accounts also apply to any certificate accounts regardless of type (i.e., fiduciary, rep payee, trust, POA, etc.). APY effective as of 5/16/2018 and subject to change without notice. Limited-time offer until 8/8/2018. Offer requires new money not currently on deposit at VSECU. Fees could reduce earnings. Early withdrawal penalties may apply.


IS ALL OF YOUR MONEY ALREADY WITH VSECU?

Though new money is important to the health of the credit union, we value the loyalty of our members. To demonstrate our appreciation, we are offering a 21-Month CD Special for existing money, which offers a 1.40% APY. As with the new money special offer, this is a limited-time offer that ends on August 8, so act now!

Account Type Minimum Daily Balance to Earn APY Minimum Balance to Open Account APY
21-Month CD (Existing Money) $500 $500 1.40%

Annual Percentage Yield (APY) listed for certificate accounts also apply to any certificate accounts regardless of type (i.e., fiduciary, rep payee, trust, POA, etc.). APY effective as of 5/11/2018 and subject to change without notice. Limited-time offer until 8/8/2018. Fees could reduce earnings. Early withdrawal penalties may apply.




CERTIFICATE OF DEPOSIT RATES

Account Type Minimum Daily Balance to Earn APY Minimum Balance to Open Account APY
One Year $500 $500 .85%
Eighteen Month $500 $500 .90%
Two Year $500 $500 .95%
Three Year $500 $500 1.05
Four Year $500 $500 1.15%
Five Year $500 $500 1.25%

Rates/APYs listed for certificate accounts also apply to any certificate accounts regardless of type (i.e., fiduciary, rep payee, trust, POA, etc.). Rates and yields effective as of 05/11/2018 and may change at maturity. Fees could reduce earnings. Early withdrawal penalties apply.





You can complete this online application to open a credit union savings, checking, money market or certificate of deposit account. You will have the option to fund the account via ACH debit or credit, and if you are an existing member you may do an ACH debit or credit or transfer from an existing account. If you are already a member and want to apply for a product online, it’s easier to apply once you’ve logged into our Online Banking system. That way we can save you time by pre-filling the application with the general information we already have on file for you.





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