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What is a share certificate?

Certificates provide a safe and secure way to save and grow your money.

How does a share certificate work? A share certificate works similar to a savings account. You deposit money and collect dividends, but you have a set opening deposit and need to keep the money in the account for a specified amount of time. Share certificates often earn a higher rate than savings accounts.

  • Choose from three, six, 12, 18, 24, 36, 48 and 60-month terms.
  • Minimum balance as low as $500.
  • Competitive rates with dividends paid monthly.
  • Jumbo rates available for balances of $100,000 or more.
  • Open a certificate online from six, 12, 24, 36, 48 and 60-month terms. For all other certificates, please visit any Interra office.

7-Month Special

1.700% APY1

  • $500.00 minimum balance to obtain the APY, with no maximum limit.
  • Open to personal accounts.
  • Traditional IRA, Roth IRA, Roth Coverdell IRA and Education IRA share certificate all qualify for this special.
  • Dividends will compound and be credited to the account monthly. Your dividends will be deposited directly into your primary savings account at Interra.
“We've been banking with Interra for ten years, and it's been amazing.”
Austin & Morgan
Interra Credit Union Members

What is a share certificate?

A share certificate is a secure way to save and grow your money. It guarantees a specified dividend rate over a set period of time.

Is a share certificate the same as a CD?

The only difference between a share certificate and a CD is that a share certificate is issued by a credit union rather than a bank.

Should I get a share certificate?

Share certificates are an excellent way to earn extra money without having to do much work. It is also low risk.

Compare Two Certificates
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What Makes a Credit Union Different?

Interra Credit Union is a member-owned, not-for-profit financial cooperative (also called a co-op). This means that our members pool their savings, borrow, and obtain related financial services together. Members are therefore united by a common bond and democratically operate the credit union.

1APY (Annual Percentage Yield) effective November 13, 2019. Limited time offer only. Rates and terms subject to change without notice. 3-month penalty for early withdrawal. Fees could reduce earnings on this account. At maturity, share certificate automatically renews at then 6-month share certificate dividend rate. Dividend will compound and be credited to account monthly.