Start earning more today
Certificates are a secure savings accounts that earn a fixed rate over a set time — so your money grows predictably without risk.
Grow your money steadily — with rates as high as 3.25% APY
Open a Certificate online in minutes
Unlike savings accounts with variable rates, Certificates lock in your return — so you always know exactly how much you’ll earn.
What are Certificates best for?
- Down payment savings: grow money safely over 9 or 18 months
- Low-risk investing: better returns than savings accounts, with no market swings
- Money you won’t touch: lock it in and avoid spending it until you know you will need it
- Planned expenses: great for a vacation you’re planning, weddings, or other large purchases
Why choose OSCU?
- Competitive rates (up to 3.25% APY) — nearly 2x the national bank average
- Local, trusted credit union
- No monthly fees
- Fast, fully online setup — no branch visit required
A smarter way to grow your money — without risk
If you’re looking for a safe way to invest or grow your savings, Certificates offer fixed returns with zero market volatility — making them one of the most predictable options available.
- Choose 9 months (3.25% APY) if you want higher returns sooner
- Choose 18 months (3.00% APY) if you’re saving for a longer-term goal
Get started with $500 or more.
Certificate account calculator*
Estimate how much your money could grow.
*Interactive calculators are made available as self-help tools for your independent use and are not intended to provide financial advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance matters.
Online Certificate details
Effective date
Thursday, July 16, 2026
| Term | APY for balances of $500 – $24,999 | APY for balances of $25,000 – $99,999 | APY for balances of $100,000 or more |
|---|---|---|---|
| Online 9-month certificate* | |||
| Dividend rate | 3.20% | 3.20% | 3.20% |
| Annual Percentage Yield (APY) | 3.25% | 3.25% | 3.25% |
| Online 18-month certificate* | |||
| Dividend rate | 2.96% | 2.96% | 2.96% |
| Annual Percentage Yield (APY) | 3.00% | 3.00% | 3.00% |
*Online certificate accountsOnline Certificates only available through the credit union website for Members who do not have an existing account with the credit union. Online Certificates may be offered to Members with a pre-existing account in a branch or via phone. Member merits do not apply to online certificate products. IRA certificates, TLT Members, and Scottie Members are not eligible.
| |||
Online certificate account rates
Online 9-month certificate*
Dividend rate
Annual Percentage Yield (APY)
Online 18-month certificate*
Dividend rate
Annual Percentage Yield (APY)
*Online certificate accounts
- Rate information: The dividend rates and annual percentage yields are based upon the balance ranges as set forth in the certificate account rates chart. The annual percentage yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The dividend rate and annual percentage yield are fixed and will be in effect for the term of the account, except for bump certificates, which offer a one-time rate increase during the term to match the current interest rate offered by Oregon State Credit Union on certificates of the same term and required deposit.
- Compounding and crediting: Dividends will be compounded daily and credited monthly. The dividend period begins on the first calendar day of the month and ends on the last calendar day of the month.
- Balance information: The minimum balance required to open and maintain each account is $500. For Scottie and TLT certificates, the minimum opening balance is $250. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day.
- Accrual of dividends: Dividends begin to accrue on cash and non-cash (e.g., check) deposits on the business day you make the deposit into your account.
- Transaction limitations: After your account is opened, you may not make additional deposits to your certificate account, unless the account is an add-on certificate. You may make additional deposits to your add-on certificate’s principal balance after the account is open, until maturity. If your add-on certificate rate is for new money only, any additional deposits must also be new money. You may make dividend withdrawals from all certificate accounts. A withdrawal of dividends will reduce earnings.
- Maturity: Your account will mature within the term set forth at the time of opening your certificate. IRA certificates must have terms of 12 months or longer, except for the 8-month add-on promotional certificate.
- Early withdrawal penalty: We may impose a penalty if you withdraw any of the principal before the maturity date.
- How the penalty works: If certificate funds other than dividends are withdrawn prior to maturity, a penalty is imposed. The penalty assessed may reduce the remaining balance after the withdrawal. If the amount withdrawn reduces the balance below the minimum balance required, the certificate will be canceled, and the penalty will be taken from the entire principal balance.
- Amount of penalty: The amount of the early withdrawal penalty is based on the term of your account. Term of 365 days or more = $25, plus 3 percent of the amount withdrawn. Term of 364 days or fewer = $25, plus 1 percent of the amount withdrawn. Earned dividends will not be subject to a penalty.
- Exceptions to early withdrawal penalty: We may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
- When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
- Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven days after establishment, or where the account is an IRA and the owner attains age 59 1/2 or becomes disabled.
- Renewal policy: Your certificate account will automatically renew for another term upon maturity, at an interest rate offered for that certificate at the time of renewal. There is no grace period. Any changes to the certificate account after the maturity date will result in withdrawal penalties. You may not make additional deposits to a certificate account after it automatically renews to a non-promotional rate and term at maturity.
- The 8-month add-on promotional certificate will automatically renew at maturity to a non-promotional 6-month certificate at an interest rate offered for that non-promotional certificate at the time of renewal.
- The 13-month and 15-month promotional certificates, including the 15-month promotional add-on certificate, will automatically renew to a non-promotional 12-month certificate at an interest rate offered for that non-promotional certificate at the time of renewal.
- Nontransferable/nonnegotiable: Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the credit union. The par value of a regular share in the credit union is $5.
- Automatic renewal: Members will receive a maturity notice shortly before the certificate matures. The certificate can automatically be renewed at the dividend rate in effect on the renewal date. Members will receive notices electronically when you register for estatements.
Certificate account: A type of savings account that has a fixed interest rate and a fixed date when you can withdraw funds, known as a maturity date.
Automatic rollover: When a certificate matures, the certificate holder has a certain number of days to move the proceeds to another account. If they do nothing, we automatically reinvest the proceeds into a new certificate based on the terms defined in the disclosure of the original Certificate.
Withdraw earned dividends without penalty: Dividend payments are credited monthly and may be withdrawn without penalty at any time.
Insured by NCUA: Funds are federally insured by NCUA to at least $250,000.
APY: APY is the total amount of dividends you earn on a deposit account over one year.
Add-on Certificate: An add-on Certificate is a type of certificate of deposit that allows for money to be added to the account balance after the initial deposit. Money may be added up through the date the Certificate matures.
Maturity: A Certificate is said to be mature at the close of business on the last day of the defined term agreed to when the certificate account was opened. At maturity, the funds in the Certificate account can be rolled over to another account or withdrawn with no penalty. If you roll the funds over to another account you are not guaranteed to get the same rate of return.
Financial Education Center
Certificate account, Money Market or savings account?
Good reasons to invest in Certificate accounts
How to build savings with a Certificate account ladder
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