Share Certificates

It's the savings tool you can tailor to your needs. Choose how much to invest, and for how long. When that time comes, you're sure to have a good deal more than you started with.

Invest a little bit of time. Get a lot more money.

Just a few minutes of future planning can really help your finances. By shifting some savings into CoVantage Share Certificates, you'll earn more money than you would with a regular savings account. With a range of investment options, our members can choose a term that helps them pay for college tuition next semester, for a new family room next year, or for retirement costs somewhere far down the line.

  • Higher returns than most savings accounts
  • Terms range from 3 to 5 years
  • Dividends compounded and paid quarterly
  • Track investment growth with online and mobile banking tools
  • Dividend penalty for early withdrawal. You'll never lose any of your initial investment.
  • If you're a current CoVantage member, open this account through online or mobile banking using your existing account number

Share Certificate Rates

Annual Percentage Yields (APY) effective 08/07/2022 and subject to change. APY (Annual Percentage Yield) refers to the dividends paid on a savings account over a year’s time. Unlike Rate, APY reflects dividends paid on dividends. This is why APY is higher than Rate. A penalty may be imposed for early withdrawal. Compounded quarterly. See all rates.

Term Rate APY Minimum Deposit
60 Month 2.477% 2.50% $1000.00
18 Month 2.477% 2.50% $1000.00
48 Month 2.231% 2.25% $1000.00
36 Month 2.084% 2.10% $1000.00
24 Month 1.985% 2.00% $1000.00
12 Month 1.739% 1.75% $1000.00
6 Month 0.499% 0.50% $5000.00
3 Month 0.350% 0.35% $5000.00

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