Members are rewarded with higher dividend rates when they opt to invest in a certificate account. All accounts are privately insured up to $500,000 and offer the below benefits:
Details
- Competitive rate that remains fixed for the life of the certificate
- Dividends accrue and compound monthly and can be transferred automatically to a regular savings, checking account or mailed home
- Certificate account may be used as collateral for a loan
- Privately insured to $500,000
Rates
| Share Certificates Rates as of 2-1-23 | ||
|---|---|---|
| Term | Dividend Rate | APY1 |
| 3 Months | 1.00% | 1.00% |
| 6 Months | 1.24% | 1.25% |
| 8 Month Special | 3.93% | 4.00% |
| 11 Month Special | 4.17% | 4.25% |
| 12 Months | 1.98% | 2.00% |
| 24 Months | 2.23% | 2.25% |
| 36 Months | 2.23% | 2.25% |
| 48 Months | 2.23% | 2.25% |
| 60 Months | 2.23% | 2.25% |
| Youth Certificate** - 12 months | 9.56% | 9.99% |
1 Annual Percentage Yield. Minimum balance requirement is $1,000. Available rates subject to change without notice. Once a certificate is opened, the rate remains fixed through maturity. Early withdrawal penalties apply to certificates.
** Only one youth certificate per member. For ages 23 and under only. Existing youth certificate will be renewed into a regular certificate rate at the rate in effect at that time for 12 months, not the high yield youth certificate. Once the certificate is opened, the rate remains fixed through maturity. Early withdrawal penalties apply.
8 and 11 Month Special: Minimum balance requirement is $10,000, new money only and rolls into a 6 month certificate upon maturity. Any money deposited at SafeAmerica within the last 30 days qualifies as “new money”. Early withdrawal penalties apply to all certificates.
