Share Certificates
Save for long-term gain
You can open a CD for as little as $1,000 and earn a higher rate than regular savings. This is ideal for future expenses such as college, weddings, retirement or big vacations.
Features:
- Dividends paid quarterly
- Receive a higher rate market sensitive rate for a guaranteed period of time
- Dividends can compound on the CD or be transferred to another savings or checking
- Keeps your funds out of reach until maturity
- Automatic rollover at maturity if you choose
- Federally Insured by the NCUA
Requirements:
- Must be an ELGA Credit Union Member
- Minimum deposit of $1,000 (no maximum)
- Early redemption penalty
Education IRA Savings: Minimum Opening Balance: $0
| Name | APY | Dividend Rate |
|---|---|---|
| All | 1.51% | 1.50% |
Promotional Certificate and IRA Certificate Accounts: $25,000 minimum balance required
| Name | APY | Dividend Rate |
|---|---|---|
| 18 Month Certificate | 2.40% | 2.38% |
| 27 Month Certificate (Minimum of 50% new money required to open) | 3.01% | 2.98% |
| 30 Month Certificate | 2.75% | 2.72% |
| 42 Month Certificate | 2.80% | 2.77% |
| 55 Month Certificate | 3.10% | 3.06% |
| 65 Month Certificate | 3.25% | 3.21% |
Youth Certificate of Deposit: Minimum Opening Balance $250
| Name | APY | Dividend Rate |
|---|---|---|
| 12 Month Youth Certificate | 1.80% | 1.79% |
| 24 Month Youth Certificate | 2.15% | 2.13% |
Certificate Accounts: $1,000 minimum balance required
| Name | APY | Dividend Rate |
|---|---|---|
| 12 Month Certificate | 2.05% | 2.03% |
| 24 Month Certificate | 2.40% | 2.38% |
| 36 Month Certificate | 2.70% | 2.67% |
| 48 Month Certificate | 2.75% | 2.72% |
| 60 Month Certificate | 3.10% | 3.06% |
| 72 Month Certificate | 3.25% | 3.21% |
6 On The Bricks ($1,000 CD ONLY)
| Name | APY | Dividend Rate |
|---|---|---|
| 6 On The Bricks 12 Month Certificate (Must be opened at the Downtown Flint location & new money not currently on deposit) | 6.00% | 5.87% |
Traditional IRA & Roth IRA Certificate Accounts: $1,000 minimum balance required
| Name | APY | Dividend Rate |
|---|---|---|
| 12 Month IRA Certificate | 2.05% | 2.03% |
| 24 Month IRA Certificate | 2.40% | 2.38% |
| 36 Month IRA Certificate | 2.70% | 2.67% |
| 48 Month IRA Certificate | 2.75% | 2.72% |
| 60 Month IRA Certificate | 3.10% | 3.06% |
| 72 Month IRA Certificate | 3.25% | 3.21% |
Save To Win: Minimum Opening Balance: $25
| Name | APY | Dividend Rate |
|---|---|---|
| 12 Month Certificate | .75% | .75% |
Traditional IRA Savings: Minimum Opening Balance: $0
| Name | APY | Dividend Rate |
|---|---|---|
| All | 1.51% | 1.50% |
Roth IRA Savings: Minimum Opening Balance: $0
| Name | APY | Dividend Rate |
|---|---|---|
| All | 1.51% | 1.50% |
Minimum balance to earn dividends matches minimum opening balance except Save To Win where minimum balance to earn dividends is not applicable. Dividends compounded and credited quarterly. APY = Annual Percentage Yield. For further details please see our Rate and Service Charges Disclosure.
