Certificates
Investing is easy with our Certificates.
Enjoy 3.86% APY2 on a 12-month Jumbo Certificate.
Questions? We can help.
CDs versus Certificates: What’s the difference?
A few differences exist between the deposit accounts known as Certificates of Deposits (CDs) and Share Certificates (also known simply as “Certificates”).
The most notable differences are in the name and the type of institution that offers each product. For-profit banks offer CDs, whereas member-owned, not-for-profit credit unions provide Certificates.
The federal government insures CD and Certificate investments: The FDIC backs banks, and the NCUA backs credit unions. CDs and Certificates have fixed terms, often from one year to five years. Certificate and CD rates are competitive and can help you safely and securely grow your savings with their low-risk structure and guaranteed returns.
To estimate what you could earn by investing in a Certificate, use our calculator. Then, check out Connexus’ leading Certificate rates in the tables below.
Certificate yields
Get started by opening your Certificate or Jumbo Certificate today.
Calculator
- How much will I earn? See what your Certificate could be worth at maturity.
Bump-Up Certificate
Our 24-month Bump-Up Certificate offers the option to bump the rate once during the 24-month term.
Available yield
| Term | APY3 |
|---|---|
| 24 months | 3.40% |
| Accurate as of 10/30/2024 | |
Open your Bump-Up Certificate today.
Earn 110% More By Choosing Connexus*
Source: Datatrac. Rates as of October 30, 2024Our Rates
National Average
Big Earnings
Why Connexus?
$5,000 minimum deposit
You don’t need a large investment to start taking advantage of our high yields. However, if you have $100,000 or more, open a Jumbo Certificate to maximize your returns.
No checking account required
There’s no catch, and no strings attached.
Safe & secure
Your money is federally insured by the National Credit Union Administration (NCUA) to at least $250,000. Learn more about how NCUA insurance works and estimate your coverage at MyCreditUnion.gov.
Available across the U.S.
Not a Connexus member? That’s okay. You can become a member in minutes. Learn more about membership here.
Member success stories
Paul
Wisconsin
“Very happy I joined Connexus. Your customer service was excellent and I’m getting a fantastic (Certificate) rate.”
Robert
Florida
“Your people are always very helpful, the service is exceptional, and the rates are very competitive and among the highest available. Thanks for the great experience!”
Learn more about Certificates
Credit Unions vs. Banks: What are the Differences?
While there are many similarities, there are also some very key differences. We’ll explain it all, and then you’ll have the info you need to make your choice.
Certificate Laddering: How to Make Your Money Work Harder
Laddering is a strategy used by the most financially savvy Certificate investors. Find out why it works and how to create your own ladder.
FAQs: You asked. We answered.
What is a Bump-Up Certificate?
A Bump-Up Certificate allows the account holder to increase (or “bump up”) the annual percentage yield once during the term to the current 24-month Bump-Up Certificate yield. This option allows the account holder to take advantage of rising yields, should they increase during the term.
How do I request a bump-up?
You can request a bump to the current 24-month yield by calling our Member Contact Center at 800.845.5025 or visiting your local branch and returning a brief form. We typically process bump-up requests within two (2) business days of the request and the return of the completed form.
What happens when my certificate renews?
When your Bump-Up Certificate renews, it will automatically renew into a 24-month Bump-Up Certificate at the then-current yield. Your renewed certificate will allow you to bump the yield once during the new term.
What’s a Jumbo Certificate?
Jumbo Certificates are the same as our standard Certificates except that they have a minimum balance requirement of $100,000 (versus $5,000 for our standard Certificates).
What information do I need to apply online?
- Be a U.S. citizen or resident alien.
- Be 18 years of age or older.
- Have a Social Security number and a driver’s license, military ID, passport, permanent resident card, or state-issued ID.
How will I be notified of the status of my account after submitting my application?
How long will it take for my membership application to be approved or denied?
Where can I find the status of my application?
I’m interested in a Certificate, but I’m not a Connexus Credit Union member. Can I still open a Certificate?
We do require you to become a member to open a Certificate. Becoming a member is easy. See our Membership Eligibility page to get started.
How often is the dividend on a Certificate compounded?
Dividends on Connexus Certificates are compounded and credited to your account quarterly. Alternatively, you may choose to have dividends automatically posted to another Connexus account quarterly.
Are there penalties for withdrawals before the maturity date?
Do you offer Individual Retirement Accounts (IRAs)?
Yes, we offer both Traditional and Roth IRAs. Learn more about our IRA options.