Certificates
Make your money grow!
Invest in Your Own Heritage
Heritage Financial Credit Union has the experience and tools to uncover new avenues for your financial well-being and growth, now and into the future. To explore your investment opportunities with HFCU, contact us or open a certificate today by clicking the buttons below.
Certificates Tailored to Meet YOUR Goals
Earn a guaranteed dividend rate on your investment. HFCU offer competitive dividend rates, which means you have the opportunity to earn more on your money. We offer short and long-term certificates, each tailored to meet your financial goals. Plus, you can save time with automatic renewal at maturity. See our rates below!
| Term | Annual Percentage Yield (APY)1 | Balance to Earn Minimum APY | Minimum to Open Account | Dividend Rate4,6 |
|---|---|---|---|---|
| Share/IRA Certificate – 6 months | 1.25% | $500 | $500 | 1.24% |
| 1.30% | $100,000 | $500 | 1.29% | |
| Share/IRA Certificate Special – 7 months | 4.00% | $500 | $500 | 3.94% |
| Share/IRA Certificate – 12 months | 3.25% | $500 | $500 | 3.21% |
| 3.30% | $100,000 | $500 | 3.26% | |
| Share/IRA Certificate – 24 months | 3.00% | $500 | $500 | 2.97% |
| 3.05% | $100,000 | $500 | 3.02% | |
| Share/IRA Certificate – 36 months | 2.75% | $500 | $500 | 2.72% |
| 2.80% | $100,000 | $500 | 2.77% | |
| Share/IRA Certificate – 48 months | 2.50% | $500 | $500 | 2.48% |
| 2.55% | $100,000 | $500 | 2.53% | |
| Share/IRA Certificate – 60 months | 2.55% | $500 | $500 | 2.53% |
| 2.60% | $100,000 | $500 | 2.58% | |
What is a Certificate?
Certificates, also referred to as Certificates of Deposit, CD’s or Share Certificates, are a type of savings account that allows you to hold a fixed amount of money for a set amount of time (term) and have HFCU pay you a fixed interest rate. Certificates are a low-risk way to earn interest and make your money grow! When the term approaches maturity, you can decide to withdraw your money or roll the money into another certificate to keep earning more.
Certificate Disclosures
1Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are effective as of 7/1/2024 and are subject to change at any time without notice. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may chance after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references.
4Dividends are compounded quarterly and credited quarterly.
6A substantial penalty will be assessed for early withdrawal. Fixed rates for accounts with specific maturities are in effect until maturity. For share certificate accounts withdrawals of principal are allowed with substantial penalty for early withdrawal. Withdrawals of principal will result in a penalty equal to 90 days dividends for certificates with maturities of one month to 12 months, 180 days dividends for a 13 to 23 month certificate and a penalty equal to 365 days dividends for the 24 to 36 month certificates. Certificates with maturities of 37 months to 60 months are subject to a penalty equal to 540 days. This penalty is applied whether or not the dividends have been accrued. Transaction Limitation for share certificates; after the account is opened, additional deposits are not allowed. This penalty is applied whether or not the dividends have been accrued.