Share Certificates: Make your money work for you.

In a regular savings, checking, or money market account, interest rates fluctuate with the economy. Share Certificates are a safe place to put your money if you're looking to save for a fixed amount of time. 

Credit unions call this type of savings account “share certificates.” Banks call them “CDs” or “certificates of deposit.” Why the difference? Member-owned, not-for-profit credit unions, like Nusenda, return – or share – our profits with members in the form of reduced fees, lower loan rates—and higher savings rates.

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, call us at 505-889-7755 (800-347-2838 outside the Albuquerque area) or make an appointment at a branch near you.

How do they work?

To open a share certificate, you choose the term, typically 3, 6, or 12-months, or up to 5 years, and make a deposit. Usually, the longer the term, the higher the return (quoted as “dividend rate” and the associated “Annual Percentage Yield,” which includes the effect of compounding).

You can open our regular share certificates with a minimum of $1,000. Our share certificates compound monthly to form a new balance on which you earn the next month of interest.

Then, you watch your money grow.

At the end of the term, you can withdraw your money, plus the returns or “dividends” you have earned, or you can renew your certificate and keep earning.

Certificate Basics

What's a share certificate? Is it different than a CD?
What's the minimum deposit to open a certificate account?
If I'm monitoring rates, does a Bump certificate let me change my rates?
What are the penalities for withdrawing money or closing a share certificate early?
What is an IRA Share Certificate, and when should I choose it?
How do IRA Share Certificates work?

Share Certificates & IRA Certificates

Regular Share Certificate Rates

IRA Share Certificate Rates

Share Certificates at-a-glance:

Savings account

A type of savings account

Let your money work for you

Fixed term and rateFixed term and rate

That works with your investment goals

Higher Rates Savings

Higher rates

Than standard savings accounts

Compound Interest

Earn compound interest

Increase your balance as you go

Federally Insured

Federally insured by NCUA

Up to $250,000

Learn more about share certificates.