|Financial Institution||APY*||Term||Highest Rate|
|Financial Partners Credit Union||5.25%||7, 11, or 14 months!**|
|Wells Fargo¹||1.50%||1 year|
|Bank of America¹||0.03%||1 year|
¹Rates taken from bank websites as of October 13, 2023. Rates are subject to change at any time..
FAQ about Certificate Accounts
A Certificate of Deposit (CD) and Certificates are the same type of account. Traditionally, larger banks call them CDs, while credit unions refer to this account as a Certificate. However, both offer a fixed rate for a specific period of time.
Yes! Funds are federally insured up to $250,000 by the National Credit Union Association (NCUA). IRA certificates are insured separately for up to $250,000. Learn more by visiting the NCUA page.
No, there are no fees associated with a Financial Partners Certificate account. You may incur an early withdrawal penalty if you withdraw money from the account before the maturity date.
An early withdrawal penalty can be assessed if the funds are withdrawn before the maturity date.
Financial Partners Credit Union is a not-for-profit banking service for Californians. Financial Partners is owned by members, not Wall Street, so we're committed to doing what's best for you, rather than the bottom line.
For over 85 years, Financial Partners has prided itself on generally lower fees and higher savings rates than big banks. Find out how Financial Partners can help you meet your financial goals by visiting our Solutions Finder or speaking to a Financial Partners expert to schedule an appointment.
Calculate Your Earnings
With guaranteed returns, see how much you can earn with our Certificate Calculator. Select your term below and see how you stack up!
*APY=Annual Percentage Yield. Fees could reduce earnings on the account. Rates subject to change at any time. Penalty for early withdrawal closure. New money required, source of funds deposited into certificate may not be from an existing Financial Partners Credit Union. Rate quoted as of December 8, 2023 and subject to change at any time. Offer is subject to change, be revoked, or end at any time. Financial Partners Credit Union membership required.
**Minimum deposit is $1,000. New money required, source of funds deposited into certificate may not be from an existing Financial Partners Credit Union account.