Earn a solid return with a Share Certificate
A Share Certificate is a reliable way to grow your savings. Choose a term that fits your goals — from a few months to several years — and start with as little as $500. Jumbo rates are available for larger deposits.
Let Your Money Work Harder—On Your Terms
With a Share Certificate, you save now to reap the rewards later by agreeing to leave your money untouched for a fixed period. Lock in a competitive rate and watch your savings grow over your chosen term1. Our Share Certificate options offer flexible terms from 6 to 60 months, giving you peace of mind with predictable returns and a fixed rate you can count on1.
Whether you’re saving for a big purchase, building your emergency fund, or simply want predictable growth, these accounts help your money grow steadily1—usually delivering higher yields than regular savings without the risks of market-based products.
Why Choose OAS FCU Share Certificates?
- Competitive dividend rates that beat typical savings accounts, compounded daily for faster growth.
- Flexible term options from 6 to 60 months — choose the length that fits your plans.
- Low $500 minimum deposit to open and start earning right away. Jumbo rates available for deposits $100,000 and up.
- No monthly service fees — your earnings stay yours.
- NCUA-insured up to $250,0002 — your money is protected within federal insurance limits.
- Early withdrawal penalties apply if funds are withdrawn before maturity — so plan ahead and maximize your returns.
- Automatic renewal3: Your certificate will renew automatically at maturity unless you notify us to close it or make changes.
Ready to secure your future and earn more?
FAQs
A Share Certificate is a fixed-term savings account where you agree to leave your money untouched for a set period in exchange for higher dividend rates.
The minimum deposit is $500, with special jumbo rates available for deposits of $100,000 or more.
You should have funds available in one of your OAS FCU accounts. When you submit your request to open the Share Certificate, you’ll indicate which account you want us to use for the initial deposit.
Early withdrawals incur penalties1, so it’s best to plan ahead to maximize your returns. Please review the Truth in Savings disclosures for full details, including how penalties may reduce your principal or earnings.
You cannot make deposits to an existing Share Certificate. However, once it matures and you opt to renew it, you can deposit additional funds once during the 10-day grace period3.
Dividends are compounded daily using the daily balance method — applying a small rate each day to your posted account balance and any dividends earned. They are credited quarterly at the end of your statement cycle or paid at maturity according to your share certificate’s terms1.
You can find this information in Online and Mobile Banking. Once you log in, select the Share Certificate account you want to review. The maturity date will be displayed among the account details. You can also contact our Member Services team to request information. Additionally, you’ll receive an automatic notice 30 days before maturity.
We’ll notify you 30 days before your certificate matures. At that time, you can request a withdrawal, deposit adjustment, or term change. If no action is taken, your certificate will automatically renew at the current rate and term3.
Yes, all your deposits are federally insured by the NCUA up to $250,0002.
Opening a Share Certificate is simple. You can request it through a secure message in Online Banking, visit a branch, or contact our Member Services team for assistance. We’ll help you choose the right term and complete your request smoothly.
Disclosures
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Early withdrawal penalties vary by share certificate term and may reduce earnings or principal. Returns are based on your fixed dividend rate, daily compounding, and full-term participation; withdrawals before maturity stop dividend accrual and will reduce your total earnings. For full details, please review the Truth in Savings disclosure.
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Your deposits are insured through the NCUA Share Insurance Fund, which protects share accounts such as Share Savings, Share Draft, and Share Certificates, dollar for dollar including principal and posted dividends, up to the applicable insurance limits. Insurance coverage is based on the ownership category (for example, individual, joint, retirement, and certain trust accounts) and may allow coverage greater than $250,000 depending on how accounts are structured. The Share Insurance Fund is backed by the full faith and credit of the United States. For details and examples of coverage based on ownership type, please review the NCUA Share Insurance resources or contact us for assistance.
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A 10-day grace period applies following maturity; special promotional certificates may have different renewal terms.