CERTIFICATE ACCOUNTS

Grow your own way

Open a Certificate

Ready to join or add an account?

You can now open an account with us if you live, work, go to school or worship in 17 counties, from Mobile County, Alabama to Leon County, Florida.

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Apply for Membership

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Add Account or Certificate

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?

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Minimum deposit

Requirements vary depending on term.

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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.

Open a Certificate Account

Ready to join or add an account?

You can now open an account with us if you live, work, go to school or worship in 17 counties, from Mobile County, Alabama to Leon County, Florida.

Ready to join us?

Apply for Membership

Currently a member?

Add Account or Certificate

Check out our rates

Certificate Account

Term

Dividend Rate

APY*

All annual percentage yields (APY) for share certificate accounts and certificate IRAs are accurate as of November 13, 2024.

*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 5 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

2.178%

APY*

2.200%

Term

6 month

Dividend Rate

2.765%

APY*

2.800%

Term

12 month

Dividend Rate

2.716%

APY*

2.750%

Term

15 month Add-On

Dividend Rate

2.521%

APY*

2.550%

Term

18 month

Dividend Rate

2.618%

APY*

2.650%

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

Add an Account
Let's Get Started Online

Ready to join or add an account?

You can now open an account with us if you live, work, go to school or worship in 17 counties, from Mobile County, Alabama to Leon County, Florida.

Ready to join us?

Apply for Membership

Currently a member?

Add Account or Certificate
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1-877-473-6247
Our Friendly Staff Are Here to Help
Schedule an Appointment

Schedule an appointment

Do you want an in-person or virtual appointment?

In-Branch Appointment

Jump the queue and set aside time to address your financial priorities.

Book in-branch appointment

Virtual Appointment

Save the drive and meet with PenAir via phone or video.

Book virtual appointment

Specialty Appointments

For Wealth, Financial Counseling, and Mortgage Lending appointments, please follow the steps below.

Wealth Management

For help with retirement, rollovers, and portfolio management, call 850-505-3200 ext. 8332 to meet with a licensed Wealth Manager.

Financial Counseling

For help with your finances, schedule an appointment with a Financial Counselor.
Meet with a Financial Counselor

Mortgage Lending

For all Mortgage appointments, please call 850-505-3200 ext. 8360 or email the Mortgage Department.

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.

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