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Certificate Account

For growing your money with a guaranteed fixed rate of return, a Certificate Account is hard to beat. Your rate is locked in when it is opened – eliminating the volatility inherent in other investments. With term options ranging 3 months to 60 months, it will be easy to find a Certificate that’s right for you.

  • Savings option that typically earns the highest rate of return than a regular savings account where the dividends are compounded daily.
  • Open a Certificate with as little as $500.
  • Lock in a guaranteed rate of return for a variety of terms between 3 – 60 months.
  • Most Certificates are also available as Traditional or Roth IRAs.
  • The funds in your certificate are insured by the National Credit Union Share Insurance Fund (NCUSIF).
  • Can be pledged as collateral for a secured loan (certain conditions apply)
certificate account

  How do I open an account

What You Need:

  • If you are a NEW member you will first need to first open a Savings account online or in branch, you’ll need an unexpired government issued identification such as a State-issued Driver’s License or a U.S. Passport.
  • If you are an EXISTING member you may open an account securely and conveniently through Digital Banking or at a branch where you will be required to provide a government issued ID.

Initial Deposit– There is a $500 Minimum deposit required when opening a Certificate Account.

  • If opening an account through Digital Banking you can fund the account through ACH from another Financial Institution, transfer from any existing Greater Alliance account or use a Debit or Credit Card to fund the account.
  • If opening an account at a branch, you can transfer funds from another Greater Alliance account or deposit funds using a Check.
Product Rate APY* Crediting Frequency
3 Month 1.49% 1.50% Monthly
6 Month 5.02% 5.15% Monthly
12 Month 5.21% 5.35% Monthly
15 Month 3.54% 3.60% Monthly
18 Month 3.68% 3.75% Monthly
24 Month 3.78% 3.85% Monthly
36 Month 3.78% 3.85% Monthly
48 Month 3.78% 3.85% Monthly
60 Month 3.78% 3.85% Monthly

APY=*Annual Percentage Yield (APY) effective 08/12/2023 is subject to change without notice. $500 minimum balance to open a CD. Penalties may be imposed for early withdrawal. APY assumes dividends remain in the Certificate. A $100 minimum balance is required to open a membership. Offer valid for a limited time and can be withdrawn at any time.