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September 23, 2024

Save More with a Certificate Account

Do you enjoy earning money in your sleep? That’s what Certificate Accounts are designed to do. With today’s competitive rates, there’s no better time to maximize your extra savings. If you have $500 or more just sitting around, consider opening a Certificate Account to save more with better rates.

Earn better rates, worry-free.

Some credit unions call them Share Certificates. Banks have a similar product called Certificates of Deposit. We call them Certificate Accounts. No matter what term you’re using, you’re on the right track if you’re considering a Certificate Account as a tool to save more. Why? Certificate Accounts earn higher rates without the risk associated with other investment options such as stocks and mutual funds. They’re a great tool to round out your savings portfolio.

If you have extra cash that you won’t need for a while, you can earn competitive savings rates with a Certificate Account. With annual percentage yields (APYs) up to 4.59% for a 6-Month Certificate Account, you’ll save more compared to your Basic Savings.1

For example, if you put $5,000 into a 24-Month Certificate Account at 4.07% APY, you’d earn $415 on that money — just from letting it sit and grow — compared to $15 if left in Basic Savings.

The best part? There’s no risk of investment loss. Returns on Certificate Accounts are guaranteed. Earn higher rates without higher risk. That’s a win–win.

Choose the term you want.

Avoid early withdrawal penalties by selecting a certificate term that matches your goals. You can choose a custom term length, anywhere from six months to five years.

Need the money a year from now? Choose a shorter term. Have lots of time? Choose a longer term length to earn even higher rates. Check out our current rates now.

Ready to save more?

Opening a Certificate Account is fast and easy. You can visit any Grow Financial store or open a Certificate Account quickly through Grow Online and Mobile Banking.2

Become A Grow Member

Open A Certificate Account in Online Banking
Existing Grow Members

Subject to approval.

1The APYs are accurate as of 11/21/2024 and may change without notice. Fees could reduce earnings on the account. A penalty will be imposed for early withdrawals. If the account is opened with $100,000 or more, you must maintain a daily balance of $100,000 in your account each day to obtain the disclosed APY. If the account is opened with less than $100,000, you must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed APY. If your account falls below the minimum balance requirements, your account will be closed. Certain restrictions apply on IRAs. Not all taxpayers are eligible. Consult your tax advisor. View additional Certificate Account disclosures.

2Additional data charges may apply. Please see your wireless carrier for more information.

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