A “Share Certificate” at Deseret First Credit Union is similar to a “CD” or “certificate of deposit” at a bank. It’s a savings tool that allows you to earn more interest on your savings than you would in your regular savings or checking accounts.
It’s simple: You commit to saving your money for a “term,” or set period of time, and in turn you receive a higher interest rate that allows you to earn more money on your savings.
We are currently offering, for a limited time, special higher interest rates of 3.10% APY on 5-year certificates and 2.00% APY on 1-year certificates.
If you’re saving money at other financial institutions, consider bringing it over to Deseret First Credit Union where a higher interest rate will make those “piggy banks” grow! You can start by depositing as little as $500 into a new share certificate.
Opening a share certificate at Deseret First Credit Union is easy! Simply ask about certificates at a branch or over the phone, or submit an online application! Act Now to start long-term savings!