#DidYouKnow? Share Certificate (CD)

Grow Your Savings with a Share Certificate (CD)

A share certificate, commonly known as a certificate of deposit (CD), is a distinctive offering that allows your savings to flourish by simply tucking it away for a specified period. Let's delve into the details of this savings strategy.

Sit Back and Earn More

A CD functions as a supplementary savings account. It's more than just a parking spot for your money; it's a strategy designed to maximize your returns.

Earn More with Higher Rates

By committing to depositing your money for a fixed term you benefit from earning a higher dividend rate. Resist the temptation to make withdrawals during the agreed-upon term. The result? A larger annual percentage yield translates to more money in your pocket and more deposited back into your account.

The Right CD Awaits You

Not all CDs are the same. Opportunities vary based on the type of CD and its associated annual percentage yield. It's a straightforward way for you to profit from the money you've stashed in a certificate.

It’s Easy to Open

Setting up a Share Certificate with Achieve Credit Union is a breeze. We provide two convenient options:

1. Visit A Branch: Drop by any Achieve Credit Union branch, and our friendly team will guide you through the process.

2. Call Us: Prefer the convenience of a phone call? Dial us up, and we can set up your Share Certificate over the phone.

At Achieve Credit Union, our focus is on empowering our members to reach their financial goals. Share Certificates are a smart and straightforward way to make your money work harder for you.

Ready to explore the benefits of Achieve Credit Union's CDs? Visit an Achieve CU branch, give us a call, or go online today to learn more about how you can strategically amplify your savings.

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About the Author

Nick Hurst

Nick has served as the Marketing & Community Relations Specialist for Achieve Credit Union since 2022. Nick considers credit unions to be valuable resources for local communities. He works to ensure Achieve Credit Union is heavily involved in local events and organizations.

Fun fact: Nick has a lot of side hustles. He is a trivia host in Amherst. He also announces sporting events on the radio.