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Term Dividend Rate APY Minimum Compounding
12 Month 3.94% 4.00% $500 Quarterly
24 Month 3.455% 3.50% $500 Quarterly

*APY= Annual Percentage Yield. Specials are accurate as of 6/12/23. All rates subject to change. Penalty may be imposed for early withdrawal. 

Open a Certificate Today and Start Earning.


What is a Certificate?

A share certificate is similar to a certificate of deposit (CD), but is issued by a credit union, rather than a bank. You deposit a certain amount and cannot withdraw the funds during the pre-selected length of the term without penalty. At OUCU, you'll never lose principal (your original certificate amount) should you need the money early.

Certificates are a good savings option because they typically earn higher rates than savings accounts. 
We believe everyone should have a chance to save so our minimum balance is $500 - lower than most other institutions!

  • Certificate terms:  12 months to 60 months
  • Minimum to open:  $500 - lower than most institutions!
  • Jumbo certificates:  earn higher rates for certificates of $25,000 or more
  • Dividends:   compounded and paid quarterly – dividends earned can be added to the certificate or deposited into a savings account
  • Types of certificates:  regular share, Roth IRA, & Traditional IRA




Want to Learn More About How Certificates Work?

Check out this three minute article from our education partners at Banzai!



Federally Insured

Your savings and certificates are insured up to $500,000. The first $250,000 is federally insured by the National Credit Union Association (NCUA). Your next $250,000 is insured by Excess Share Insurance, the nation's largest private deposit insurer.

Our Early Withdrawal Penalty 

We know that life has its ups and downs. If you need to withdraw funds from your certificate before it matures, we’ll make it as painless as possible. Although you may lose some of the interest earned (in the last 90 days or less), you’ll never lose your principal (the amount you initially deposited). 

Other institutions will penalize early withdrawals by deducting from your original deposit, but we never will. You can rest assured your money will have a safe place to grow. That’s just one more OUCU advantage!