Certificates
Certificates reward you for being patient with higher rates and guaranteed returns at maturity
Call us at 800-341-9911 or visit an office
Open a 3.97% APY* 12-Month Certificate
Royal’s certificates can help you save for all of life’s milestones with no minimum opening balance and guaranteed returns at maturity.
No minimum balance and a variety of terms make certificates a smart investment! Patience pays off when you open a personal certificate!
- Leave your funds in the certificate for the specified term and you’ll be rewarded with your original money plus the dividends.
- The rate is locked in for the term you choose, so the returns are guaranteed at maturity.
- Our certificates have competitive rates and no minimum opening balance.
Certificate Rates
Certificate Calculator
The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. APY= Annual Percentage Yield.
What is a certificate at Royal Credit Union?
A certificate is a special account that earns a higher dividend rate in exchange for leaving your money in the account for a set period of time until it matures. Royal's certificates have competitive rates and no minimum opening balance. The rate is locked in for the term you choose, so the returns are guaranteed at maturity.
Want to learn more about saving with certificates? Check out our Money Donuts® podcast!
What certificate terms does Royal Credit Union offer?
Royal offers a wide range of certificate terms to fit your savings goals, from as short as 3 months to as long as 72 months. Shorter terms give you quicker access to your funds, while longer terms may offer different rate opportunities. No matter which term you choose, your rate is locked in for the life of the certificate, so your returns are guaranteed at maturity.
What happens when a certificate matures?
When a certificate matures, it enters a 10-day period where you can make any changes, including closing it out, changing the term, and adding or withdrawing funds. If no action is taken in those 10 days, the certificate will automatically renew for the same term.
Who should consider opening a Royal certificate?
If you're saving for a future goal and don't need your money right now, a certificate is a smart option. Certificates are especially popular with retirees and those near retirement looking for an investment that isn't subject to the ups and downs of the stock market. They also make an excellent medium-term savings vehicle for goals like weddings or vacations and are a good choice for kids' savings accounts.
Can I manage my Royal certificate online?
Yes. Royal Credit Union's Certificate Management tool is built into the mobile app and online banking, making it easy to stay on top of your certificates. You can use it to change your maturity instructions, close a certificate early, add or withdraw funds during the grace period, choose a new term at maturity, and manage how your earned interest is handled. You can also sign up for electronic statements to receive certificate maturity notices by email, so you never miss your maturity window.
Royal Certificates Include Smart Technology Tools
- Stay up to date about your account with online banking or our mobile app
- Sign up for electronic statements to receive certificate maturity notices by email
Start Saving Today With A Royal Credit Union Certificate!
How To Get Started
We offer many easy ways to open an account with Royal Credit Union
Apply Online Now
Complete our easy online application and get a decision fast.
Visit An Office
Instead of applying online, schedule an appointment at an office to apply.
Need Help?
If you have questions or need help, call our lending team at 800-341-9911 or visit our contact page.
