Both Certificates and CDs work the same way providing a fixed return when funds are invested for a specified amount of time. The difference is that credit unions call the account a Certificate and banks call the account a Certificate of Deposit (CD). 

A certificate is an investment option that provides a fixed rate for a specific period. The funds cannot be withdrawn during the certificate term without paying a penalty.  Certificates are federally insured by the NCUA up to $250,000.

Certificate accounts have no fees. If you withdraw funds before the maturity date, you may incur an early withdrawal penalty.

A $1,000 minimum opening balance, and $1,000 minimum balance is required to earn the advertised APY on the 7-month account. A $1,000 minimum opening balance, and a $1,000 minimum balance is required to earn the advertised APY on 13 month account.

For over 80 years Nuvision has been helping its members build better lives. Born nearly a century ago as the credit union of Douglas Aircraft, our values were forged in the factories and plants that made the region prosper. At our core, we are a credit union built for hard working people with a commitment to strength, independence and discipline. Our Members are people who believe that if you work hard enough, a better life is always possible. Not just for yourself, but future generations to come.

With Nuvision, you have a credit union that is dedicated to building your life!