Special Certificates
Short terms. Big Returns.
Take your savings further with rates as high as 3.85% APY for a limited time! Enjoy the confidence of a guaranteed rate for your entire term, with no guesswork along the way.
Lock in your term — and know exactly how much you’ll earn
A smart way to grow your money
Certificates are secure savings accounts that earn a fixed rate over a set time — making them one of the most predictable options available. Whether you’re saving for a vacation, wedding, or other big purchase, your funds are locked in during the term — so you can avoid spending until you know you need to.
When you open a Certificate with OSCU — your local, trusted credit union — you benefit from competitive rates (up to 3.85% APY), nearly 2x the national average. Setup is fast, can be fully online, and there are no monthly fees.
7-Month Certificate Special
- 7-month term
- Fixed 3.75% APY
- Just $250 of new money to open — so you can tackle your goals, big or small
- After maturity, renewal rolls into a 6-month standard certificate
12-Month Certificate Special
- 12-month term
- Fixed 3.85% APY
- Current members can visit a branch to open with up to $5,000 in existing funds — then new money after
- Otherwise, just $250 of new money to open
- After maturity, renewal rolls into a 12-month standard certificate
Looking for a longer Certificate term?
Our 18-Month Bump Certificate special offer is still available until September 15!
- 18-month term
- Fixed 3.75% APY — great rate guaranteed even if market rates drop during your term
- Plus, the potential for a one‑time rate bump up to 0.50% higher if 24-month standard certificate rates rise
- Just $250 of new money to open — so you can tackle your goals, big or small
- After maturity, renewal rolls into a 24-month standard certificate
Boost your savings and open today!
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.
Special certificate account details
Effective date
Friday, September 11, 2026
| Account | Minimum balance | Dividend Rate | APY* |
|---|---|---|---|
| 7-Month Special Certificate | $250 | 3.68% | 3.75% |
| 12-Month Special Certificate | $250 | 3.78% | 3.85% |
| 18-Month Bump Certificate | $250 | 3.68% | 3.75% |
7-Month Special Certificate 12-Month Special Certificate 18-Month Bump Certificate | |||
Special Certificate account rates
7-Month Special Certificate
12-Month Special Certificate
18-Month Bump Certificate
7-Month Special Certificate
*APY = Annual Percentage Yield and is accurate as of 9/1/2026. Minimum deposit of $250 required. Members merits do not apply. The 7-month promotional certificate is for new money only. New money is defined as funds that have not been on deposit with Oregon State Credit Union at any time during the certificate promotion period, unless deposited in the 30 days prior to certificate opening. New money must originate from another financial institution or source and cannot be transferred from an existing Oregon State Credit Union account. Fees could reduce the earnings on the account. For maintenance and activity fees. A penalty may be imposed for early withdrawals. Limited time offer. Other terms and conditions may apply.
12-Month Special Certificate
*APY = Annual Percentage Yield and is accurate as of 9/1/2026. Minimum deposit of $250 required. Members merits do not apply. The 12-month promotional certificate is for new money only, except deposits of up to $5,000 may be funded with existing Oregon State Credit Union funds when opened in a branch. New money is defined as funds that have not been on deposit with Oregon State Credit Union at any time during the certificate promotion period, unless deposited in the 30 days prior to certificate opening. New money must originate from another financial institution or source and cannot be transferred from an existing Oregon State Credit Union account. Fees could reduce the earnings on the account. For maintenance and activity fees. A penalty may be imposed for early withdrawals. Limited time offer. Other terms and conditions may apply.
18-Month Bump Certificate
*APY=Annual Percentage Yield and is accurate as of 9/1/2026. Minimum deposit of $250 required. Members merits do not apply. The certificate owner may increase the interest rate one time during the term to match the current rate offered by Oregon State Credit Union on the standard 24-month certificate, not to exceed an increase of 0.50%. To initiate the rate bump, contact Oregon State Credit Union by calling 541-714-4000 or by visiting a branch. The bump can only be exercised once during the term of the certificate and does not increase the term of the certificate. The new interest rate will be applied the business day after the credit union receives the notice. The new rate will not be applied retroactively. The 18-month bump promotional certificate is for new money only. New money is defined as funds that have not been on deposit with Oregon State Credit Union at any time during the certificate promotion period, unless deposited in the 30 days prior to certificate opening. New money must originate from another financial institution or source and cannot be transferred from an existing Oregon State Credit Union account. Fees could reduce the earnings on the account, for maintenance and activity fees. A penalty may be imposed for early withdrawals. Limited time offer. Other terms and conditions may apply.
- 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.
Rate information
The dividend rate and annual percentage yield may change monthly as determined by the Board of Directors. 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. Accounts closed prior to crediting dividends will not receive accrued dividends. For members in the Essential category, no dividends will be paid; for members in the Enhanced and Premier categories, the dividend rate and annual percentage yield are set forth on the preceding page. The dividend rate and annual percentage yield for the next month is based upon your Member Merit status on the last day of the previous month. The Investor’s Money Market account is a tiered rate account. The dividend rate and annual percentage yield applicable to each account depends on the balance ranges set forth on the preceding page. Once a balance range is met, the dividend rate and annual percentage yield for that range will apply to the entire balance in your account.
Nature of dividends
Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The dividend rate and annual percentage yield set forth on the preceding page are the prospective rates that the credit union anticipates paying for the dividend period. The dividend period begins on the first calendar day of the month and ends on the last calendar day of the month. Dividends begin to accrue on cash and non-cash (e.g., check) deposits on the business day you make the deposit into your account. Dividends are compounded and credited monthly.
Balance information
Dividends and minimum balance for all accounts except Value Checking and TLT Checking accounts, which do not earn dividends, are calculated by the daily balance method, which applies a daily periodic rate to the principal balance in the account each day. For Money Market accounts, there is a minimum daily balance requirement of $1,000 to earn dividends. For Investor’s Money Market accounts, there is a minimum daily balance requirement of $10,000 to earn dividends.
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.
Bump Rate Certificate: A bump rate Certificate account is a type of savings certificate that allows members to “bump up” their interest rate during the term if rates go up. When you open the account, you lock in a fixed rate, but if the credit union’s rates for similar certificates increase, you have the option — usually one time during the term — to request the higher rate. This feature gives you the security of a guaranteed return with the flexibility to take advantage of rising rates.
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
Beyond credit: Better banking at OSCU
Checking that keeps you grounded, with a $300 bonus when you join.
