Share Certificate Accounts (SCs) are federally insured, fixed-rate, fixed-term investment accounts with a guaranteed rate of return.
Open a Share Certificate Account with a minimum balance of $1,000. Choose from a variety of terms ranging from 91 days to 10 years. As long as you do not withdraw the funds, you'll be able to calculate your dividends upon maturity at the onset of your investment.
Dividends on Share Certificate Accounts of six months or less are calculated and paid at maturity. Dividends on Share Certificate Accounts with maturities of more than six months are calculated, paid, and compounded quarterly.
A penalty is imposed for early withdrawal of any principal before the maturity date and will reduce earnings on the account. The penalty is calculated as a percentage of the principal amount withdrawn. View our terms and conditions.
If you’re looking for an easy way to save when you don’t need immediate access to your money, consider on of our long term Share Certificate Accounts (SC). We offer a 5-year, 6-year, a 7-year, and a 10-year high yield Share Certificate with a guaranteed rate of return and the security of a federally insured savings account. As long as you do not withdraw the funds, you'll be able to calculate your dividends upon maturity at the onset of your investment.
As with all of our SCs, a penalty is imposed for early withdrawal of any principal before the maturity date and will reduce earnings on the account. The penalty is calculated as a percentage of the principal amount withdrawn.
To check out our SC rates, see below.
Visit one of our branch locations or call us at (202) 212-6400 to learn more and to open your high yield Share Certificate Account
Safeguard your investment in an uncertain interest rate environment. At maturity, your RateKeeper account will automatically renew at the then current rate. If rates have gone up, your investment will continue to earn competitive dividends. If rates have fallen, you have the one-time option to renew your Rate Keeper SCA at the original offering rate.
Open a WealthBuilder Share Certificate Account, and watch your savings grow! Our WealthBuilder SCA is a fixed-rate, two-year time deposit account that combines competitive returns with the security of a guaranteed investment. Start with a $1,000 initial investment and add monthly contributions of at least $50, and watch how fast your savings grow.
|Share Certificates||Dividend Rate||Annual Percentage Yield (APY)||Minimum to Open||Alert Me|
|Specialty Share Certificates||Dividend Rate||Annual Percentage Yield (APY)||Minimum to Open||Alert Me|
|12-Month Young Savers||0.595%||0.596%||$100.00|
|5-Year High Yield||2.500%||2.524%||$1,000.00|
|6-Year High Yield||2.550%||2.574%||$1,000.00|
|7-Year High Yield||2.600%||2.625%||$1,000.00|
|10-Year High Yield||2.750%||2.778%||$1,000.00|
|Jumbo Share Certificates||Dividend Rate||Annual Percentage Yield (APY)||Minimum to Open||Alert Me|
|Share Certificate Account and Jumbo Share Certificate Account offering rates are subject to change daily and are fixed for the term of the account. Dividends are calculated on the balance of the account each day. Dividends on the weekly, 91 day and 6 month terms are paid at maturity. For all other terms, dividends are paid and compounded quarterly and at maturity.
*Effective as of January 1, 2019, this product is no longer available for new accounts.
A penalty will be imposed for early withdrawal from Share Certificate Accounts, Specialty Share Certificate Accounts, or Jumbo Share Certificate Accounts.
For specific information about account rates and terms, call us at 202.212.6400 to speak to one of our Member Service Representatives.
Refer to Bank-Fund Staff Federal Credit Union's Truth in Savings Disclosure, located in the Account Disclosures section of our site, for additional information.
Bonds and other fixed income investments provide diversification and predictable income.
How you structure your portfolio will influence your total returns greatly.
Gauging the results of your investments should be part of your total investment strategy.