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Certificates

CFCU is where your money can growLooking for some of the best rates around with a guaranteed return for your hard earned money? Smart move.

Investing your funds in a local not-for-profit financial institution will not only provide you with some of the highest returns around, it strengthens your community in ways you wouldn't believe. Now with our new Bump Up Certificate, you even have a chance to bump your rate up once during the initial term! Experience a win-win and choose CFCU to grow your money.

Apply within Online Banking for many Certificate types, stop by any branch, or call us today at 800-428-8340. It only takes a few minutes to set up and you'll be earning more than before!

$5,000 Quarterly Prizes!

Simply save for a rainy day and have a chance at prizes up to $5,000!

Learn more about the CFCU Lucky Savers program

Lucky Savers

So lucky

YOU COULD WIN BIG CASH PRIZES!

What is Lucky Savers?

It's a special Certificate at CFCU that helps you build your savings while giving you a chance to win monthly and quarterly cash prizes! Every $25 deposit (up to 10 entries, with no limit to the amount you are able to deposit) into this account gets you a chance to win - up to 10 chances every month. Plus, all the money deposited into the Lucky Savers account is still yours and helps to build your savings. It's a win-win situation!

Interested in winning big?

It's a Win-Win Scenario... and free for you to enter!

Already a member? Open a Lucky Savers Online Today!

Visit a branch to open a Lucky Savers Certificate

How do I open an account?

You can open a Lucky Savers account by visiting one of our convenient branch locations. You can even set up direct deposit or scheduled transfers to increase your chance to win.

What are the prizes?

The real prize is the savings account you'll build with regular deposits each month... but to sweeten the pot, there are these prizes:

  • Each $25 deposit gives you a chance to win quarterly prizes up to $5,000, with 4 prizes to be won at each quarterly drawing!
  • Each $25 deposit gives you a chance to win monthly prizes up to $500, with 33 prizes to be won at each monthly drawing!

What are the requirements to open a Lucky Savers Certificate?

  • Must be 18 years of age or older
  • You must be a CFCU member with accounts in good standing
  • Business and Trust accounts are not eligible for this account

What is a term deposit account?

A term deposit account is a special savings account. You earn a specified dividend if the term deposit account is held for the full term; in the case of Lucky Savers, the term is 12 months.

What's the dividend rate?

View current deposit rates here.

Why should I open a Lucky Savers account?

Because it's a win-win situation! You can win monthly and quarterly prizes, and with regular deposits into your Lucky Savers account, you are guaranteed to have money saved at the end of the year. You seriously have nothing to lose - and everything to win!

See official rules here. For more information, please visit www.nycua.org.

Bump-Up

Giving BackCFCU Certificates are a smart move for anyone looking to grow their money. Why?

1. We're local AND not-for-profit.

Honestly, what more could you ask for? Not only will you receive the benefit of earning more on your investment, you are strengthening your Credit Union by choosing to invest with us. With how much we give back to our communities, you are bound to benefit in ways you never imagined! Sure, you could stick you money in a bank... but why give it to a shareholder you will never meet? Keep it local instead!

2. You're insured up to $250,000 with the NCUA.

CFCU provides a safe place for your hard-earned savings. Depositors are federally insured to at least $250,000 by the National Credit Union Administration, which holds one of the strongest federal deposit insurance funds in existence.

3. Some of the best rates around.

Go ahead, check out the competition's rates. We'll be here when you get back.

4. Our New Bump-Up Certificate!

This new product gives you the opportunity to earn some of the best local rates now, and have a chance to bump up your rate later with our Bump-Up Certificate! Guaranteed returns, and a chance to bump up your rate to adapt to a rising rate environment? That's a recipe for success.

Rates

Table data for Lucky Savers Certificate - $25 minimum to open and earn APY
 Rates as of 9/1/18
Term Annual Percentage Yield (APY)1 Alert Me
12 month 0.40% Receive a notification when this rate changes
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.

Lucky Savers Truth in Savings Disclosure

See official rules here. For more information, please visit www.nycua.org.
  • 1Compounded Monthly↵

Table data for Certificates with $500 minimum to open and earn APY.
 Rates as of 9/1/18
Term Annual Percentage Yield (APY)1 Alert Me
3 month 0.20% Receive a notification when this rate changes
6 month 0.25% Receive a notification when this rate changes
10 month 0.35% Receive a notification when this rate changes
12 month 0.40% Receive a notification when this rate changes
18 month 0.45% Receive a notification when this rate changes
20 month 0.60% Receive a notification when this rate changes
24 month 0.70% Receive a notification when this rate changes
30 month 0.85% Receive a notification when this rate changes
36 month 0.95% Receive a notification when this rate changes
48 month 1.10% Receive a notification when this rate changes
50 month 1.25% Receive a notification when this rate changes
60 month 1.35% Receive a notification when this rate changes
24 month Bump-Up2 0.70% Receive a notification when this rate changes
36 month Bump-Up2 0.95% Receive a notification when this rate changes
60 month Bump-Up2 1.35% Receive a notification when this rate changes
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.

Certificate Truth in Savings Disclosure
  • 1Compounded Monthly↵
  • 2Option to bump up one time only during the initial term requires you to visit a CFCU branch before maturity date. The bump up rate will stay in effect for the remainder of the initial term. The Certificate will renew into a Certificate closest to, without exceeding, the term at maturity.↵

Table data for Certificates with $25,000 minimum to open and earn APY
 Rates as of 9/1/18
Term Annual Percentage Yield (APY)1 Alert Me
6 month 0.35% Receive a notification when this rate changes
10 month 0.45% Receive a notification when this rate changes
12 month 0.50% Receive a notification when this rate changes
18 month 0.55% Receive a notification when this rate changes
20 month 0.70% Receive a notification when this rate changes
24 month 0.80% Receive a notification when this rate changes
30 month 0.95% Receive a notification when this rate changes
36 month 1.05% Receive a notification when this rate changes
48 month 1.20% Receive a notification when this rate changes
50 month 1.35% Receive a notification when this rate changes
60 month 1.45% Receive a notification when this rate changes
24 month Bump-up2 0.80% Receive a notification when this rate changes
36 month Bump-Up2 1.05% Receive a notification when this rate changes
60 month Bump-Up2 1.45% Receive a notification when this rate changes
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.

Certificate Truth in Savings Disclosure
  • 1Compounded Monthly↵
  • 2Option to bump up one time only during the initial term requires you to visit a CFCU branch before maturity date. The bump up rate will stay in effect for the remainder of the initial term. The Certificate will renew into a Certificate closest to, without exceeding, the term at maturity.↵

Table data for Jumbo Certificates with $100,000 minimum to open and earn APY
 Rates as of 9/1/18
Term Annual Percentage Yield (APY)1 Alert Me
10 month 0.60% Receive a notification when this rate changes
20 month 0.85% Receive a notification when this rate changes
30 month 1.10% Receive a notification when this rate changes
50 month 1.50% Receive a notification when this rate changes
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.

Certificate Truth in Savings Disclosure
  • 1Compounded Monthly↵

FAQ

Certificate Truth in Savings Disclosure

Lucky Savers Truth in Savings Disclosure