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Share Certificates

A Share Certificate is a low-risk way to watch your money grow when you don't need immediate access to your funds.

First Northern Credit Union offers Share Certificates, Traditional IRA Share CertificatesRoth IRA Share Certificates, and Coverdell ESA Share Certificates.

  • Open with as little as $2,500
  • Terms from 6 months to 5 years
  • Earn higher rates than Share Savings accounts and avoid the risks of investment accounts
  • Pay no monthly maintenance fee**
  • Your funds are federally insured by the National Credit Union Administration up to $250,000.

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Share Certificates $50,000+
Term APY*
6 months 0.25%
12 months 0.30%
18 months 0.35%
24 months 0.40%
36 months 0.55%
60 months 0.65%
Share Certificates $25,000 - $49,999.99
Term APY*
6 months 0.20%
12 months 0.25%
18 months 0.30%
24 months 0.35%
36 months 0.50%
60 months 0.60%
Share Certificates $2,500 - $24,999.99
Term APY*
6 months 0.15%
12 months 0.20%
18 months 0.25%
24 months 0.30%
36 months 0.45%
60 months 0.55%

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* APY = Annual Percentage Yield. Rates subject to change. You must maintain the minimum average daily balance requirement of the account to obtain the disclosed APY. Yields for all share savings accounts are declared quarterly by the Board of Directors. Interest is paid retroactively and based on earnings for the period. The dividend yield listed is for the period ending 6/30/2021. Yields for other deposit products are declared and paid monthly. For Share Certificates, a penalty may be imposed for withdrawals before maturity. **Other fees may apply and may reduce earnings. See fee schedule for details.

As with any investment, we encourage you to speak with a tax advisor before opening an account. Any withdrawal prior to maturity requires the closing of the certificate. If the account has an original maturity of 12 months or less the penalty we may impose will be the greater of seven days interest on the amount withdrawn, or up to 90 days' interest, which may include principal. If the account has an original maturity of longer than 12 months and less than 60 months the penalty we may impose will be the greater of seven days interest on the amount withdrawn, or up to 180 days' interest, which may include principal. If the account has an original maturity of 60 months or longer the penalty we may impose will be the greater of seven days interest on the amount withdrawn, or up to 365 days interest, which may include principal. All penalties are calculated on the original certificate balance or the most recent certificate renewal balance.