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Savings Certificates

Free rate bump ups through September1

Lock in a great interest rate at opening then bump it up if rates increase during your term.

Open a Savings Certificate

Overview

Make the best use of your money now and accomplish your financial goals in the future. Get a better rate when you maintain an active checking account with RCU.2

Rates2

View all rates

With active checking

Earn up to  % APY

Standard (without active checking)

Earn up to  % APY

Highlights

Free Bump Up Option1

From now through September 30, you can "bump up" to a new, higher interest rate if rates increase during your term and we’ll waive the initial rate reduction. Just choose the bump-up option at the time of account opening.

Free add on option3

From now through September 30, we’ll waive the initial rate reduction when you select the add-on option when you open your certificate. This allows you to deposit additional funds anytime during your term ($500 minimum).

Dividends compounded monthly

By compounding dividends every month, you earn dividends on your dividends.

Flexible dividend payments

Choose how to receive dividends: reinvest, transfer to another account, or get a monthly check.

And more...

View all highlights

Good to know

$1,000 minimum initial deposit

To open a savings certificate, you must make an initial deposit of at least $1,000.

Put at least $5 in regular savings

You must have at least $5 in a regular savings account to open a savings certificate, and at least $75 to avoid a monthly minimum balance fee.

View Regular Savings

Early withdrawal penalty

If you withdraw money from the certificate before the term is over, there is an early withdrawal penalty.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Rate
%
$
Months

This calculation represents an estimate

How to open an account

Opening an account is easy and we're here to help if you need it.

  • 1

    Apply online

    It takes just minutes. Have your Social Security number and driver's license or valid ID handy.

  • 2

    Deposit money

    Move money into your new account so you can start using it.

  • 3

    Manage your money online

    Easily manage your money with online and mobile banking.

Open a Savings Certificate

Your hard-earned money is safe

  • a-plus-stability-rating

    Rated one of 21 strongest credit unions in the US by Weiss Ratings in 2021

  • 4th-healthiest-cu

    Rated 4th healthiest credit union in the US by Glatt Consulting HealthScore in 2020

I don't usually write reviews but this branch is worth going the extra mile to thank. Kind, courteous customer service and a great affinity for detail. They are like a regular bank except you are their investors and they treat you like a person because of that."

— Eric P.

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Contact Us Schedule Appointment

Ready to earn more on your savings?

Earn a higher rate on your savings with a federally-insured savings certificate.

Open a Savings Certificate

  • 1Promotion valid through September 30, 2023. Free one-time optional rate bump feature must be requested at the time of account opening and can be done in online banking, at an RCU branch or by phone. Currently not available on the mobile app. This option is only available for a limited time and is available on all savings certificates and savings IRA accounts. You may request a rate increase equal to RCU’s current rates for the same product and term as of the date of request. This feature will not carry over to the renewed product unless you request the feature at renewal, and it is available.

    2APY = Annual Percentage Yield. Certificate yields assume dividends remain in account until maturity, penalty imposed for early withdrawal. Fees may reduce earnings. Rates effective September 21, 2023 and are subject to change. To open, obtain, and maintain the advertised rate for the certificate, you must have a $1,000 deposit and an active checking account at RCU. Active checking is defined as a checking account having three or more transactions per month (excluding telephone teller or dividend posting transactions).

    3Promotion valid through September 30, 2023. Free add-on feature must be requested at time of account opening and can be done in online banking, at an RCU branch or by phone. Currently not available on the mobile app. This option is only available for a limited time and is available on all savings certificates and IRA accounts, except for liquid certificates. Add-on deposits must be $500.00 or more and can be completed at any time during the certificate term. This feature will not carry over to the renewed product unless you request the feature at renewal and it is available.

    4Consult a tax advisor for specific tax implications.

All Highlights

Free Bump Up Option1

From now through September 30, you can "bump up" to a new, higher interest rate if rates increase during your term and we’ll waive the initial rate reduction. Just choose the bump-up option at the time of account opening.

Free add on option3

From now through September 30, we’ll waive the initial rate reduction when you select the add-on option when you open your certificate. This allows you to deposit additional funds anytime during your term ($500 minimum).

Dividends compounded monthly

By compounding dividends every month, you earn dividends on your dividends.

Flexible dividend payments

Choose how to receive dividends: reinvest, transfer to another account, or get a monthly check.

Flexible terms

Choose terms from 3 months to 5 years depending on what works best for you.

Higher dividends

Earn more dividends than you could from checking or short-term savings accounts.

IRA option4

With an individual retirement account (IRA), you can enjoy tax advantages on your dividend earnings.

Federally insured

All RCU accounts are federally insured by the National Credit Union Association for up to $250,000 per account.

Rates

Short Term Certificate Rates

Short term with active checking
12-17 month certificates

Earn up to  % APY

Short term without active checking
12-17 month certificates

Earn up to  % APY

Short Term Certificates With Active Checking

Get a better rate when you maintain an active checking account with RCU (see disclosures for details).

 

Short Term Standard Certificates (without active checking)

 

Long Term Certificate Rates

Long term with active checking
18-21 month certificates

Earn up to 4.50 % APY

Long term without active checking
18-21 month certificates

Earn up to 3.50 % APY

Long Term Certificates With Active Checking

Get a better rate when you maintain an active checking account with RCU (see disclosures for details).

 

Long Term Standard Certificates (without active checking)

 

Short Term IRA Certificates With Active Checking

Get a better rate when you maintain an active checking account with RCU (see disclosures for details).

 

Short Term IRA Standard Certificates (without active checking)

 

Long Term IRA Certificates With Active Checking

Get a better rate when you maintain an active checking account with RCU (see disclosures for details).

 

Long Term IRA Standard Certificates (without active checking)

 

Certificate online application

Not a Member?

Become a Member and open your savings certificate. Review our Membership requirements below to determine if your are eligible.

Open a Savings Certificate

Already a Member?

Go to online banking to add your savings certificate.

Learn how to open your savings certificate online.

Add a Savings Certificate

You can become a Member of RCU if you meet any of the following:

  • You live, work or own a business in the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Solano, or Contra Costa.
  • You are an immediate family member of a current RCU Member.
  • You work for a designated Select Employer Group.

PPP Forgiveness Application Deadline

Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:

  • PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
  • RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
  • Your correct deadline will be reflected in your online banking account.

If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.

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