Lock and Roll Certificate
Lock in two years of high returns, guaranteed.
Keep your rate rock-solid with a Lock and Roll Certificate
A Lock and Roll certificate is your safe bet to keep your savings secure. Enjoy peace of mind and stability as rates fluctuate, knowing your returns are guaranteed for two years.
With the recent rate cut from Federal Reserve, now is the time to lock in your earnings. UCU's Lock and Roll Certificate puts you ahead of the curve, giving you a clear advantage. Secure your future today!
4.00% APY* 24-month certificate
New funds only. No maximum.
If you are already a UCU member-owner and wish to open a certificate, log in to your UCU digital banking account, select 'Menu', then 'More', and submit the secure form ‘Lock and Roll Certificate Request' to our team. For further assistance, call us at 800.UCU.4510.
Not a member? Click the link below and become one today!
Open today about New funds only. No maximum.Certificate special details
Available only on new money deposited to UCU
No maximum deposit
Deposited funds are insured by the NCUA
Why should I open a certificate?
Similar to certificates of deposit, or "CDs", issued by banks, credit union certificates. Certificates are a steady and secure way to grow your savings. No matter what happens with the market, the rate of your certificate will not fluctuate and is insured by the NCUA up to $250,000 per depositor and account type.
- Want to learn more about certificates and why they might be a good fit for your savings goals? Check out this video that breaks down the basics!
Open a 24-month 4.00% APY certificate today!
If you are interested in opening a Lock and Roll Certificate, please fill out our online application.
*APY = Annual Percentage Yield. Special promo rate is 4.00% APY based on dividend rate of 3.928% available only on new money deposited to UCU. New money is money not currently or previously held in a UCU account. Promotional rate in effect as of September 10, 2024. Special Promotional certificate will renew as a 6-month certificate at the available rate for the product at that time. Minimum opening deposit is $500. Minimum balance to obtain APY is $500.
Promotional rates are subject to change or end without notice. Penalty may be imposed for early withdrawal. Fees may reduce earnings. For other details regarding this account, you can reference your disclosures which covers all other terms and conditions. Ask us for further information about the terms and fees that apply to these accounts.
1APY = Annual Percentage Yield. To earn up to 5.00% APY, member must have a qualifying University Checking Account. Based on a combined rate of 4.88%. Credit card must be active, have at least one monthly transaction (excludes balance transfers and cash advances), and be enrolled in credit card eStatements to qualify for the extra 1.00% APY in dividends. Account does not earn dividends if there is a $0 balance in a HELOC at the end of the month. All accounts must be in good standing with no delinquency or bankruptcy pending. Multiple loans in the same category count for only 1.00% APY in dividends.
Qualifying University Checking Accounts will earn 1.00% APY in dividends on balances up to $25,000. Balances above $25,000 will be paid at the regular checking rate. Qualifying University Checking Accounts are defined as having at least 25 transactions per month (includes transactions made with both debit and credit cards) and enrollment in eStatements. If the requirements are not met, then no dividend is earned. Secondary University Checking Accounts not eligible to earn APY. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account at the end of each day. Dividends are disbursed monthly into the active University Checking Account. APY is accurate as of the last dividend declaration date. Fees could reduce the earnings on the account. Rate subject to change after account opening and may vary based on qualifications met at month end. Not valid with any other offers. To establish a UCU Membership, you must deposit at least $5 to a Regular (Share) Savings Account. A $50 minimum deposit is required to open a University Checking Account. All accounts are subject to approval.
2APR = Annual Percentage Rate. Rates stated available on approved credit and may be different as determined by the individual creditworthiness of each applicant. The maximum annual percentage rate for a UCU Credit Card is 23.99% APR. Rates current as of November 8, 2024, and are subject to change based on market conditions and borrower eligibility.