A certificate account with Ascend guarantees that your money will earn a certain interest rate for the entire length of the certificate. We have a range of terms for both short-term and long-term savings goals. Certificate accounts have no fees, though there is a penalty for early withdrawal.
IRA Certificate Account
An Individual Retirement Account (IRA) certificate combines the guaranteed dividends of a certificate account with the tax advantages of an IRA. We have a range of terms for both short-term and long-term retirement savings goals.
IRA Accumulation Account
An IRA Accumulation Variable Rate certificate is a 12-month certificate that's different from most certificate accounts. Instead of locking in an interest rate, the rate varies with the market allowing you to take advantage of any increases in the interest rate. You can also make additional deposits at any time.
A Member’s Advantage certificate account is offered to Ascend members for two terms; 15 months and 54 months. These certificates are unlike other certificates in that during the term, you can make one additional deposit of at least $1,000. Additionally, if interest rates change during the term, you can choose a one-time rate increase. Visit below for minimum opening deposit and rate information.
- When will dividends post to certificates?
Dividends for certificates are credited monthly.
- Can I withdraw from my certificate early without penalty?
No. Withdrawals are allowed on each of our certificate types, but they come with a penalty. Visit our Rates Dashboard for current rates and fees.
- Can I change the type or term of my certificate after it has been opened?
For members under age 59 ½, the type and term of a certificate cannot be changed unless the certificate is at maturity or during the grace period. Ascend does offer to our IRA holders who are age 59 ½ or older or who are disabled the opportunity to perform a one-time per calendar year movement of an IRA certificate.
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