SHARE CERTIFICATES
Earn a great rate on your money
SHARE CERTIFICATES
Earn a great rate on your money
A saved deposit for a given period of time with a fixed rate of interest
Take advantage of the highest rates in years with a share certificate! If you have cash to invest, this is one of the most reliable ways to watch it grow. Select a term between 6 and 60 months and enjoy a competitive fixed interest rate.
For a limited time, our 6-month Certificate Special offers you 4.25% APY on your funds of $25,000 or more!
Is a Share Certificate Right for Me?
As you plan for the future, saving for emergencies and long-term goals is crucial. While investments can grow your nest egg, keeping some funds in risk-free savings is wise. Share Certificates offer safety and competitive rates, but consider the pros and cons.
Advantages:
- Privately insured up to $250,000 per account, with no limit on the number of accounts
- Higher rates than savings accounts
- Minimum opening deposit starting at $500 for most options
- Rate remains fixed
- Flexible maturity dates
- Helps you save money because it’s not as accessible
Disadvantages:
- If you need to withdraw the funds before maturity, you will pay a penalty
- Consider inflation – rates may rise in the short-term and your funds will earn at a lower rate
Choosing a Certificate:
We’re here to help! Be sure to weigh the benefits of higher rates against the loss of liquidity for the term of the Share Certificate. But also remember that Share Certificates are generally your best risk-free investment. If you have questions about which savings options are best for your specific financial needs, please contact us.
Rates & Calculator
Certificates & IRA Certificates
| 3.82% APY* | 6 months |
| 4.25% APY* | 6 months ** |
| 4.07% APY* | 12 months |
| 2.78% APY* | 24 months |
| 2.27% APY* | 36 months |
| 2.53% APY* | 48 months |
| 2.53% APY* | 60 months |
*APY = Annual Percentage Yield. APY is accurate as of January 1, 2025. The Dividend Rate and APY may change without notice at the discretion of United Texas CU management. A penalty will be imposed for early withdrawal. A withdrawal of all or any portion of the principal prior to maturity will cause automatic termination of the Certificate Account. For a Certificate with a term of one year or less, the penalty will be equal to 30 days’ worth of dividends, whether earned or unearned, which could reduce the principal balance of the Certificate. For a Certificate with a term over one year but less than three years, the penalty will be equal to 60 days’ worth of dividends, whether earned or unearned, which could reduce the principal balance of the Certificate. For a Certificate with a term of three years or more, the penalty will be equal to 90 days’ worth of dividends, whether earned or unearned, which could reduce the principal balance of the Certificate.
**The minimum balance to earn the advertised APY is $25,000 for a 6-month term at the higher rate and $500 for all other Certificate terms.
Frequently Asked Questions
$500.
($25,000 for our 6-month Certificate Special)
You may invest as much as you wish. However, your funds will only be insured up to $250,000 per certificate.
If your investment exceeds $250,000, you may open unlimited certificates for up to $250,000 each and have insurance coverage.
