Share Savings Certificate Accounts - Genisys® Credit Union

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Earn more interest with a federally insured share savings certificate.

When you are looking for a safe, guaranteed return on your money, a Certificate Savings Account from Genisys is a great choice. You will earn a fixed rate, guaranteed for the term you choose. Plus, our credit union rates are generally higher than the certificate of deposit rates offered by banks.

A Genisys Savings Certificate Account is a great option for IRAs or to achieve any savings goal.  Choose the savings certificate that’s right for you.

  • Share Certificates - Open an account with as little as $500 for terms of 6 months to 5 years. 
  • Flex Share Certificate - Open an account with just $100 and get three options during your one-year term.
    1. Make additional deposits of $10 to $25,000 per day to your Flex Certificate.
    2. Withdraw up to 25% of your principal one time throughout the term without an early withdrawal penalty.
    3. Bump-up the rate one time during the term should the offered rate on a Genisys Credit Union Flex Certificate increase.
  • Jumbo Share Certificates have a minimum balance of $100,000 and earn higher dividend rates than our Share Certificate Savings Accounts.

Check out the great rates on all of Genisys certificate savings account offerings.

*Penalty may be imposed for early withdrawal.

Open a Share Certificate Savings Account Today!

  • Open using Online Banking
  • Open at a branch
  • Call a Financial Services Representative at 800-521-8440, ext. 5

Share Certificate Savings Account FAQs

What are share savings certificates?

Share certificates are very similar to savings certificates (or certificates of deposit), in that they help you grow your initial deposit over a period of time. The difference is that share certificates are only issued by credit unions, as opposed to CDs which are offered by banks, and can often offer higher yields than standard savings accounts. They work similarly to other types of savings accounts in that you start with an initial deposit, but you leave the money in for a predetermined amount of time and watch as the interest rate helps build your savings up! 

Are share certificates & savings certificates federally insured?

Yes! All funds in Genisys Credit Union Accounts are insured by the National Credit Union Share Insurance Fund, up to the same limits as federal deposit insurance for banks. To learn more about how this share certificate insurance works, visit

How are my certificate dividends calculated?

Genisys share certificate & savings certificate dividends are paid and compounded quarterly. The interest rate and term length of the certificate are determined at the time of initial deposit when the certificate is opened. If you have another Genisys account, you may elect to have these dividends transferred to another Genisys account monthly or quarterly. 

Is there a penalty or fine for early withdrawal from a share certificate?

While you can withdraw funds from your share certificate whenever you want, you will generally incur an early withdrawal penalty if you do so before the end of your term. The amount of this penalty will depend on the terms of the certificate, as well as the amount of the withdrawal, but penalties are generally classified as:

  • 90 days of earned dividends for certificates of 14 months or less

  • 180 days of earned dividends for terms longer than 14 months 

These penalty amounts may also reduce your principal amount.

How do I withdraw money from a certificate?

The money from your certificate can be withdrawn at any Genisys branch location, or by contacting a Financial Services Representative at 800-521-8440, Ext.5, but please be aware of the potential penalties for early withdrawal.

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