Certificates

• TermDividend Rate Annual % Yield
• Term:

  3+ months

  Dividend Rate:

  0.50%

  Annual % Yield:

  0.50%

• Term:

  6+ months

  Dividend Rate:

  1.00%

  Annual % Yield:

  1.00%

• Term:

  12+ months

  Dividend Rate:

  3.65%

  Annual % Yield:

  3.70%

• Term:

  16+ months Special*

  Dividend Rate:

  4.65%

  Annual % Yield:

  4.73%

• Term:

  18+ months

  Dividend Rate:

  2.50%

  Annual % Yield:

  2.52%

• Term:

  23+ months IRA Special**

  Dividend Rate:

  4.50%

  Annual % Yield:

  4.58%

• Term:

  24+ months

  Dividend Rate:

  2.50%

  Annual % Yield:

  2.52%

• Term:

  36+ months

  Dividend Rate:

  1.90%

  Annual % Yield:

  1.91%

• Term:

  48+ months

  Dividend Rate:

  2.10%

  Annual % Yield:

  2.12%

• Term:

  60+ months

  Dividend Rate:

  2.20%

  Annual % Yield:

  2.22%

Rates effective as of July 31, 2023

Minimum opening deposit is $500.  Dividends on regular certificates may be added to the certificate balance, automatically transferred to another account, or mailed to you.  Dividends on IRA certificates will be added to the balance. You must maintain an average daily balance equal to or greater than the minimum opening deposit to earn the annual percentage yield and avoid any service charges set forth in the Schedule. 

For certificates with a term of less than 12+ months, dividends are credited and compounded at maturity. For certificates with a term of 12+ months or more, dividends are credit and compounded quarterly. Certificates with a term of less than 12+ months are not available for IRAs. Early withdrawal penalties apply and will be calculated at the rate paid on the deposit at the time of withdrawal, even if it reduces the principal balance.

*The 16-month certificate is a limited time offer. Loyalty Checking rate increase does not apply. No add-on deposits are allowed. Upon maturity, this certificate will automatically convert to a 12-month certificate.

**The 23-month IRA certificate is a limited time offer. Loyalty Checking rate increase does not apply. No add-on deposits are allowed. Upon maturity, this certificate will automatically convert to an 18-month certificate earning the APY disclosed at that time. For more information on IRAs, please visit https://www.scscu.com/investments/retirement-planning.