Affinity Certificate savings accounts
What is a certificate?

A certificate is a savings account that is often considered one of the safest ways to save, and holds a fixed amount of funds for a set amount of time, also called a term. Terms can range anywhere from one month to 5 years. During the term, Affinity credit union will pay dividends on your funds until the date of maturity, resulting in a guaranteed dividend.

How much do I need to open a certificate?

Most of our certificates can be opened with a minimum deposit of just $500.

What are the benefits of a certificate with Affinity?

There are many benefits to opening a certificate, including

Are my certificate funds insured?

Yes, your funds are federally insured to at least $250,000 and backed by the full faith and credit of the National Credit Union Administration (NCUA), a U.S. government agency.

What happens at the end of my certificate term?

At the end of the term, also called the date of maturity, your initial investment, plus all the dividend, will automatically enroll into a new certificate specified in your account disclosure. However, you have the option to deposit the funds into a checking or savings account by notifying us within 10 days of your certificate maturity date. Please refer to your Truth In Savings for complete certificate maturity details.

What are dividends, and how are they different from interest?

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Can I have direct deposit with a certificate account?

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Does Affinity charge a monthly maintenance fee for certificate accounts?

Most of our savings options have $0 monthly maintenance fees if enrolled in eStatements. If not, there is a monthly fee of $2 for paper statements. 

Are there minimum account requirements for certificate savings accounts?

Yes. Most Affinity certificate accounts have a $500 minimum balance.

Can I open a joint savings account with my spouse or another family member?

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How do I open a certificate savings account?

It's easy. You have to join Affinity Federal Credit Union as a member, then apply for a MoreSavings account. Here are all the details.