CERTIFICATE ACCOUNTS
Grow your own way
Higher dividends on your hard earned money
Certificates are ideal for those who don’t mind stowing and growing their money… for higher dividends, of course.
What's required?
Minimum deposit
Requirements vary depending on term.
Several terms to choose from
Terms range from 3 months to 5 years.
Ready, set, grow!
Give your money the boost it deserves with a PenAir Certificate account. Enjoy competitive rates and watch your funds grow effortlessly. Apply now and start maximizing your savings potential today.
Check out our rates
|
Term |
Dividend Rate |
APY* |
|---|---|---|
|
All annual percentage yields (APY) for share certificate accounts and certificate IRAs are accurate as of April 9, 2025. *APY= Annual Percentage Yield. Penalties for early withdrawal on term share accounts. Rates on deposit accounts and specified accounts may change after account opening. The 7 Month Certificate will automatically renew as a 6 Month Certificate upon maturity. PenAir reserves the right to discontinue or modify offers at any time. No minimum to open any PenAir checking account. Fees may reduce earnings. **Not offered for IRAs |
||
|
Term 3 month |
Dividend Rate 4.073% |
APY* 4.150% |
|
Term 6 month |
Dividend Rate 3.986% |
APY* 4.060% |
|
Term 10 month |
Dividend Rate 4.218% |
APY* 4.300% |
|
Term 12 month |
Dividend Rate 3.735% |
APY* 3.800% |
|
Term 15 month Add-On |
Dividend Rate 2.521% |
APY* 2.550% |
|
Term 18 month |
Dividend Rate 3.928% |
APY* 4.000% |
|
Term 24 month |
Dividend Rate 2.618% |
APY* 2.650% |
|
Term 36 month |
Dividend Rate 2.667% |
APY* 2.700% |
|
Term 48 month |
Dividend Rate 2.716% |
APY* 2.750% |
|
Term 60 month |
Dividend Rate 2.813% |
APY* 2.850% |
Need a little more information?
You might find what you’re looking for here.
When a depositor purchases a certificate account, they agree to leave a certain amount of money on deposit at the bank for a certain period of time, such as one year. In exchange, the bank agrees to pay them a predetermined interest rate and guarantees the repayment of their principal at the end of the term.
When a certificate account matures, you get your money back without having to pay any early withdrawal penalties. The certificates term has ended, so there are no financial institution withdrawal restrictions at maturity. You can do what you want with the money, but if you buy another certificate, you won’t get the same interest rate.
Yes. If you open an Add-On Certificate Account. Unlike a traditional certificate, you’re able to add money to an add-on certificate before the certificate matures. If you don’t have a large deposit to make upfront, you can continuously deposit money. This add-on certificate feature could make it useful as part of a long-term savings strategy.
Stow and Grow Your Money
Disclosures
*Securities and Insurance Products are provided by Cetera Investment Services LLC, Member SIPC/FINRA. Advisory services are provided by Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investment services are offered. View Cetera Investment Services Privacy Policy and other important information.
Investment products are:
| Not NCUSIF Insured | No Financial Institution Guarantee | May Lose Value | |||
| Not a Deposit | Not Insured by any Federal Government Agency | ||||
Financial Advisors are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
Individuals affiliated with this broker/dealer firm are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.