Savings Certificates
Earn more by locking in as little as $1,000 for a specific term.
Open a Certificate today! Three easy ways:
- By transfer in Online Banking
- Call Us
- Mail a deposit and account change/new service form
Whether you're saving for retirement, a wedding, vacation or any other big event in your life, a Savings Certificate is a great way to earn more for your money. We have great rates and several terms to choose from, including a 36 month bump certificate which allows you to request a rate adjustment one time during the term.
Open a certificate with as little as $1,000!
There are several easy ways to open a certificate:
- Once a member, transfer money from your Dominion Credit Union account through Online Banking or by calling Member Services.
- Complete the Account Change/New Service form and return it with your deposit. Deposits can be made with cash, by check or wire transfer.
Certificates (Current as of: Jul 30, 2010)
| Type | Term | Annual Percentage Yield (APY) | Compounded |
|---|---|---|---|
| Savings Certificates** Minimum balance to open is $1,000. | 60 Months | 2.75% | Quarterly |
| 36 Months | 2.15% | Quarterly | |
| 24 Months | 1.75% | Quarterly | |
| 12 Months | 1.30% | Quarterly | |
| 6 Months | 1.00% | Quarterly | |
| Savings Certificate - Bump Account (a) Minimum balance to open is $1,000. | 36 Months | 1.90% | Quarterly |
**A penalty will be imposed for early withdrawals. (a) The 36 month Bump Account allows the account owner to request a rate adjustment on the account to the then current rate for the 36 month Bump Account once during the term of the account. The remaining term and maturity date do not change. This account renews as a 36 month regular savings certificate upon maturity.
