Share Certificates are savings certificates that make investment affordable with their low balance requirements, and they often pay higher rates of return than other savings account options. Dividend rates are fixed for your term, in most cases, and you can withdraw dividends at any time without penalty (as long as you’re not withdrawing your principal).
To open a share certificate at Nusenda Credit Union, the minimum balance is $1,000, or $500 for an IRA Certificate. Terms range from 90 days to 5 years and accommodate a variety of financial plans. Bump Rate Certificates are available in 18-month and 36-month terms and provide flexibility to “bump up” the rate of your certificate once if rates rise during your term. You can also deposit additional funds to your certificate at that time. Want to earn even higher interest rates? Try a tiered certificate on a 36-month, 48-month, or 60-month term.
Not sure which certificate option is right for you? We’re here to help you plan for a healthy financial future in a way that works best for your needs. To explore your options, contact us today!
Traditional IRA >
Nusenda offers traditional IRA's to help you meet your retirement planning goals. Learn more
Roth IRA >
Get an IRA with tax savings deferred for earnings and withdrawals. Learn more
Call us at 505-889-7755 (800-347-2838 outside the Albuquerque area) or make an appointment at a branch near you.