A certificate lets you earn a fixed, higher rate than a traditional savings account when you leave your money untouched for the full term of the certificate. The money is insured by the National Credit Union Administration (NCUA) for up to $250,000.
Certificates are insured up to $250,000 by NCUA (or $500,000 in a joint account for two people)
Choose from 3 to 60 months
Access your certificates and accounts on the go
Receive alerts for certificate renewal
Limited time: In celebration of our 90th anniversary, we are offering a Certificate Special for one week only.
9.00% APY 90-Day Certificate3
Jump on this rate while supplies last – this Special could be the perfect fit for those seeking a shorter investment horizon.
Patelco is a member owned, not-for-profit financial cooperative. When you join Patelco, you become a member and a shareholder. That’s why we’ll deposit one share ($1) in your Share Savings account when you join.
Our mission is to help members achieve lifelong financial well-being so you can live happier, fuller lives.
Unlike the big banks or other for-profit financial institutions, we invest our profits back in our members with better rates and low- to no fees.
We also offer free financial advice to anyone who wants to improve their financial situation. Members have told us that they feel seen, heard, informed, and supported to make more confident financial choices.
Membership is free. You become a member when you open an account with us.
A certificate offers a higher fixed rate with a guaranteed return if you don’t need to keep your money liquid. It is a safe investment because it’s insured by NCUA for $250,000 (or $500,000 in a joint account for two people). There is no risk of losing money on a certificate, except if you withdraw early.
Certificate accounts give you a fixed dividend rate and APY over the specified term. On certificates with terms less than 12 months, dividends are compounded and credited at maturity. For certificates with terms longer than 12 months, dividends are compounded and credited monthly on the last of the month.
Unless otherwise specified, all certificate accounts are subject to early withdrawal penalties, if funds are withdrawn within six calendar days of account opening or renewal, the penalty will be seven days’ dividends on the entire account balance.4
Yes. All regular certificates can be opened as IRA certificates, unless otherwise noted. Minimum balance for all IRA certificates is $250.
A common strategy for savers using share certificates is to divide the sum of money saved into equal amounts and open certificates with different maturing dates. This way you can take advantage of the higher rates on the longer terms while keeping some funds accessible for the near future.
All regular certificates can be opened as IRA certificates, unless otherwise noted. Minimum balance for all IRA certificates is $250.
Share certificates are a type of savings account offered only by credit unions. This guide explains what share certificates are, how they work, and their benefits.
Considering opening a savings account? Get answers to what is a savings account and the different types you have to choose from.
Learn how a money market account works, the benefits and drawbacks, how to choose the best MMA for you, and tips for using one effectively.
1 APY = Annual Percentage Yield. Terms and conditions may vary by account.
2 All regular certificates can be opened as IRA certificates, unless otherwise noted. Minimum balance for all Certificates and IRA Certificates is $250. For IRA Certificates, the early withdrawal penalty is waived if the IRA owner is age 59½ years or older. Fees could reduce earnings. Please see the Certificate Accounts section in the Patelco Member Handbook.
3 APY=Annual Percentage Yield. Rates are effective as of 06/22/2026. Special runs from 06/22/2026 – 06/29/2026. Minimum balance $250 and maximum balance is $2,000. One Certificate Special per member. Must be a member by June 19, 2026 to be eligible. Dividends paid at maturity. Rates may vary at the time of maturity or renewal. All certificates are subject to an early withdrawal penalty. Certificate Special is not eligible to be opened as an IRA certificate.
4 There is a penalty for early withdrawal for all Certificates. Please see the Certificate Accounts section in the Patelco Member Handbook.
