Certificate Accounts
A certificate works the same way that a Certificate of Deposit (CD) does at other financial institutions. All of our certificate accounts feature a higher interest rate than most savings accounts—without the risk of the stock market, making them a safe way to invest.
Certificates earn more than most savings accounts and are less risky than investing in the stock market.
Whether you're looking to invest $500 or much more, we have certificate accounts to fit your goals.
Terms for our certificates range from 6 to 60 months so you can choose the accounts that best suit your plans
If you have $500,000 or more to invest, higher interest rates may be available to you.
Receive up to 4.02% Annual Percentage Yield (APY) on our 60-month certificate. Minimum $1,000 deposit required. Offer effective as of Dec. 7, 2022. Fees can reduce your earnings. There is a penalty for early withdrawal.
Regular and/or IRA Share Certificate
| Term | Minimum Deposit | APY |
|---|---|---|
| 6 Months | $500 | 3.19% |
| 12 Months | $500 | 3.56% |
| 18 Months | $1,000 | 3.66% |
| 24 Months | $1,000 | 3.82% |
| 36 Months | $1,000 | 3.87% |
| 48 Months | $1,000 | 3.92% |
| 60 Months | $1,000 | 4.02% |
| Jumbo 6 Months | $100,000 | 3.45% |
| Jumbo 12 Months | $100,000 | 3.82% |
| Jumbo 24 Months | $100,000 | 4.07% |
| Jumbo 6 Months | $500,000 | Negotiable |
| Jumbo 12 Months | $500,000 | Negotiable |
| Jumbo 24 Months | $500,000 | Negotiable |
IRA Accumulation Share Certificate
| Term | Minimum Deposit | APY |
|---|---|---|
| 12 Month IRA Variable | $5 | 3.56% |
Member's Advantage Share Certificate
| Term | Minimum Deposit | APY |
|---|---|---|
| 15 Months | $1,000 | 3.56% |
| 54 Months | $1,000 | 3.97% |
Rates effective December 7, 2022.
Legal Disclosures and Additional Information
Share Certificate Accounts and Individual Retirement Account Share Certificates - Certificate rates are normally established each Wednesday. Fees and/or other conditions may reduce earnings on the account. A penalty may be imposed for early withdrawal. If you have any comments or requests, please email or call 800-342-3086.
Make your money work for you.
We offer certificate account options. From tax advantage IRA accounts to member's advantage accounts, find the right certificate account for you.
- 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.
Don't see the question you're looking for?
There are two different ways to open an Ascend certificate.