Certificate Accounts

Higher Yields + Flexible Terms = Peace of Mind for You.

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Regular and IRA Certificates

Whether you're aiming for short-term gains or long-term wealth building, our Certificate Accounts will help you earn higher returns.

Guaranteed Returns

Your money grows predictably with a fixed rate, and you earn monthly compounding dividends.

Flexibility

Withdraw dividends monthly or take advantage of our 10-day, penalty-free grace period.

Low Minimum Deposit

Start growing your savings with a low $500¹ minimum deposit.

APY up to

4.00% 3-Month Certificate

APY up to

3.85% 6-Month Certificate

APY up to

3.90% 9-Month Certificate

APY up to

3.65% 12-Month Certificate

APY = Annual Percentage Yield

See All Rates

¹Share Certificates require a minimum balance of $500.00 to earn the stated Annual Percentage Yield. For all accounts, the dividend rate and APY are fixed and will be in effect for the term of the account. The APY is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings. We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the early withdrawal penalty is based on the term of your account. Contact the Credit Union for more information.

Certificate Account Details

Flexible terms from 3 months through 120 months.
Peace of mind while your money grows.
Funds are insured up to $250,000 through the National Credit Union Association (NCUA).

Get Started

Membership Eligibility

Couple consulting with a financial manager at the bank. Peace of mind with a certificate investment.

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Discover the HY WOW! difference for yourself!

We are dedicated to being your partner through life's ups and downs, ready to do whatever is necessary to guide and support you. Our success comes from our members achieving financial stability and unstoppable growth.

The HY WOW! Difference

Membership Eligibility

How do I Open a Certificate Account?

Join.

Call or visit one of our convenient locations. Not a Member? Join Today!
Open a Savings Account.

Deposit $5 into a member savings account. This account is required for all members of CACL Financial and gives you access to all of the benefits of CACL membership.
Connect with us!

Once you've opened your savings account, connect with a representative from our team to open your Certificate Account.

Frequently Asked Questions

What is a certificate and how does it work?

A certificate is a type of savings account that earns a fixed interest rate for a specific term length. Certificates work by allowing you to deposit funds for a set period, earning interest on your principal. This type of account offers a higher interest rate than traditional savings accounts, and dividends are compounded and credited monthly.

What happens when I close my certificate before the end of the term?

If you withdraw your funds early, you may face early withdrawal penalties, which vary depending on the term length of your account.

Is there a maximum I can contribute to my certificate account?

Regular certificates do not have a maximum deposit amount. IRA certificates have maximum contribution regulations, depending on the type of account and the age of the member. It is important to remember that deposit products are insured by the National Credit Union Administration (NCUA), up to $250,000.