Term Certificates

We offer different terms for our Term Share Certificate (Certificate of Deposits) ranging from 12 months to 60 months. All terms are offered at competitive rates and options are given to increase the dividend being paid based on your balance and relationship with the Credit Union.

Earn higher dividends on a fixed rate and term with a minimum deposit of $500. Terms range between 6 to 60 months.

Term Share, Traditional IRA, Roth IRA, and Educational IRATerm Share, Traditional IRA, Roth IRA, and Educational IRA

 $500-$49,000  $50,000-$89,000  $90,000 and up  
APR*APY* APR* APY* APR* APY*
6 Months
0.65%
0.65%
0.75%
0.75%
0.85%
0.85%
12 – 23 Months
0.70%
0.70%
0.82%
0.82%
0.90%
0.90%
24 – 35 Months
0.80%
0.80%
0.83%
0.83%
1.00%
1.00%
36 – 47 Months
0.90%
0.90%
1.03%
1.04%
1.30%
1.31%
48 – 59 Months
1.10%
1.11%
1.23%
1.24%
1.50%
1.51%
60 Months
1.25%
1.26%
1.43%
1.44%
1.79%
1.81%
Special Relationship Certificate (12 months)
2.472%
2.50%
Special 18 Month IRA
0.449%
0.45%

Your money deserves the most rewarding relationship possible — and that’s what it will get in a Relationship Certificate!

  • 2.5% APY on balances from $5,000 to $50,000
  • 12-month term
  • Additional deposits permitted anytime

To Qualify
Just make Schools Federal Credit Union your first choice for financial services, and move all of your financial accounts to where you get the greatest value: your member-owned credit union. This is all it takes:

  • eStatements
  • $500 in share savings
  • $500 in checking
  • Direct deposit
  • $15,000 in combined loan balances

Certificate Accounts

Rates current as of and subject to change.


 $500-$49,000  $50,000-$89,000  $90,000 and up  
APR*APY* APR* APY* APR* APY*
6 Months
0.65%
0.65%
0.75%
0.75%
0.85%
0.85%
12 – 23 Months
0.70%
0.70%
0.82%
0.82%
0.90%
0.90%
24 – 35 Months
0.80%
0.80%
0.83%
0.83%
1.00%
1.00%
36 – 47 Months
0.90%
0.90%
1.03%
1.04%
1.30%
1.31%
48 – 59 Months
1.10%
1.11%
1.23%
1.24%
1.50%
1.51%
60 Months
1.25%
1.26%
1.43%
1.44%
1.79%
1.81%
Special Relationship Certificate (12 months)
2.472%
2.50%
Special 18 Month IRA
0.449%
0.45%

APY (Annual Percentage Yield) effective 7/1/11 and subject to change. Minimum opening certificate balance is $5,000, up to a maximum balance of $50,000. Additional deposits permitted during term up to $50,000 maximum. Available for members meeting stated account requirements. Relationship Certificates cannot be used for Individual Retirement Accounts. Early withdrawals are subject to normal penalties. This offer is subject to cancellation at any time. Other discounts, including Relationship Rewards, cannot be combined with this offer. If at any time all of the minimum requirements/balances are not met, funds in the Relationship Certificate will be transferred to Regular Shares at the current APY for Regular Share accounts.

Online and Mobile Banking is getting an upgrade!More Info
+