Certificates
Our certificate accounts help you earn more on your money. Choose from a variety of terms and rates to fit your needs. Plus, you can open your certificate yourself within Online Banking if you’re already an SCE FCU member.
- Terms from 91 days to 60 months
- $1,000 minimum opening balance
- Dividends compound at maturity for 91-day term; all other terms compound monthly
- No fees to maintain your account
Basic Elements - Legal Text
Rate Table: Certificates & IRAs
| Dividend Rate1 | APY2 | Compounding | Minimum Balance | Monthly Fee | |
|---|---|---|---|---|---|
| 91 Days5 | 0.80% | 0.80% | At maturity | $1,000 | $0 |
| 6 Months5 | 1.00% | 1.00% | Monthly | $1,000 | $0 |
| 12 Months | 1.24% | 1.25% | Monthly | $1,000 | $0 |
| 18 Months | 1.34% | 1.35% | Monthly | $1,000 | $0 |
| 24 Months | 1.49% | 1.50% | Monthly | $1,000 | $0 |
| 36 Months | 1.64% | 1.65% | Monthly | $1,000 | $0 |
| 48 Months | 1.98% | 2.00% | Monthly | $1,000 | $0 |
| 60 Months | 2.23% | 2.25% | Monthly | $1,000 | $0 |
1Dividends are calculated on the Daily Balance Method for all accounts. 2APY = Annual Percentage Yield, and is based on the assumption that requirements will be met. Your statement will show the actual Annual Percentage Yield Earned (APYE). This may be different from the APY if the conditions are different from the above assumptions. IRA accounts are not available for terms less than 12 months. Early withdrawal is subject to penalty on all Certificates. 5Terms not available on IRAs.