Certificates

Certificates or term deposit accounts earn higher dividends than traditional savings accounts and have pre-determined maturity rates.

Deposit money into a certificate for a set period of time, generally between one month and five years. In return your savings will earn a higher dividend rate than with a traditional savings account. Our Standard and Flex CDs come with a bump option. At the time of CD opening, members can opt for 0.15% lower than the stated rate. Should the Credit Union re-price the CD with the same term to a higher rate, the member has a one-time option to bump-up to the new CD rate for the remainder of the term. CD bumps are a great benefit members keeping an eye on raising rates!

Standard Certificate

  • Minimum deposit to earn dividends is $500
  • 1-month to 60-month terms available (longer maturities earn higher dividends)
  • Small penalty to withdraw money before maturity
  • Bump option
  • NCUA insurance

Flex Certificate

  • Minimum to earn dividend is $50
  • Add money at any time
  • Penalty-free withdrawals the first three business days of each quarter
  • 12-month term
  • Bump option
  • NCUA insurance

24-Month Step-Up CD

First 12 Months

Second 12 Months

2.75% APY

3.25% APY

24-month Step-Up CD with 2.75% Annual Percentage Yield (APY) earned the first 12 months and 3.25% APY earned second 12 months of 24-month term. New money only. Minimum opening deposit of $500 required. APYs current as of 11-23-2018 and subject to change. Bump option not available on Step-Up CDs. Current rates and terms available at gwcu.org. Member NCUA.

Term APY Dividend Rate Minimum Amount