Certificate Accounts are the Credit Union Equivalent of a CD

A Share Certificate Account (often called a CD or Certificate of Deposit at other financial institutions) is traditionally considered one of the safest ways to save for a variety of reasons, such as a dream vacation or for a down payment on the home you’ve always wanted.

Certificate accounts always hold their original value, unlike the stock market, plus they accrue interest over time. This makes a certificate account a perfect option for investors seeking a secure means for retirement investing. Certificate account dividends are paid monthly, quarterly or at maturity.