Share Certificates
Lock in a rate for a set term. Choose from terms of three months to five years, with interest compounded and paid monthly.
How a Share Certificate Works
You commit a sum for a fixed term and earn a fixed rate for that whole term. The longer the term, generally the higher the rate. It suits money you know you will not need, and it protects you from rates falling during the term.
What You Should Know
Terms: 3 Months to 5 Years
Choose from terms ranging from three months to five years.
Compounded and Paid Monthly
Interest is compounded and paid monthly.
Rate Fixed for the Term
The rate is set when you open and does not move.
Share and IRA Certificates
Certificates are available as standard shares and as IRA certificates.
Minimum Deposit
$1,000 for the 5-year and the 7, 10, and 15-month specials. $500 for all other terms.
Early Withdrawal Penalty
90, 182, or 365 days of dividends, depending on the term.
What You Will Need
Waypoint Membership
You will need to be a Waypoint member to open a certificate.
Minimum Deposit
$1,000 for the 5-year and special terms. $500 for all other terms.
A Term You Can Commit To
Choose a term you are comfortable committing to.
Automatic Renewal
Certificates renew automatically, with a 10-day grace period and mailed notice.
Common Questions
Share certificates renew automatically. You get a 10-day grace period after maturity to change or close the certificate, and a mailed notice before it renews.
For terms of one year or less the penalty is 90 days of dividends. For terms from one year up to two years it is 182 days. For terms greater than two years it is 365 days.
Terms range from three months to five years. See All Certificates for the current rate on each.
Current Rates
Share Certificates
As high as
4.30%APY¹
APY = Annual Percentage Yield. Rates effective September 28 – October 16, 2026 and subject to change without notice.
Open a Share Certificate AccountView all share certificate rates and terms
| Term | Dividend Rate | APY | Minimum Required Deposit |
|---|---|---|---|
| 3 Month | 0.10% | 0.10% | $500 |
| 6 Month | 0.30% | 0.30% | $500 |
| Special 10 Month | 4.22% | 4.30% | $1,000 |
| 1 Year | 0.60% | 0.60% | $500 |
| Special 15 Month | 4.22% | 4.30% | $1,000 |
| 2 Year | 0.75% | 0.75% | $500 |
| Special 30 Month | 4.22% | 4.30% | $1,000 |
| 3 Year | 0.85% | 0.85% | $500 |
| 4 Year | 0.99% | 1.00% | $500 |
| 5 Year | 1.24% | 1.25% | $1,000 |
Not sure which fits?
Ask a Waypoint Credit Union representative
We will compare the options against what you are actually trying to do, including the ones we do not advertise heavily. Open online, or book a time at any Waypoint branch.
Important Disclosures
For all Share Certificate and IRA Share Certificate accounts with terms of one (1) year or less, the amount of the early withdrawal penalty is the equivalent of 90 days dividends. For accounts with terms from one (1) year up to two (2) years the penalty is the equivalent of 182 days of dividends. For accounts with terms greater than two (2) years the penalty is the equivalent of 365 days of dividends. HOW THE PENALTY WORKS: The penalty is calculated as a forfeiture of dividends that have or would be earned on the account. It applies whether or not dividends have been earned. If the account has not earned enough dividends, or earned dividends have already been withdrawn, the penalty will be deducted from the principal. EXCEPTIONS TO EARLY WITHDRAWAL PENALTY: At our option, we may pay the account before maturity date without imposing an early withdrawal penalty under the following circumstances: (a) when the withdrawal is within ten (10) days of an automatically renewable certificate roll over; (b) when an account owner dies or is declared legally incompetent by a court of competent jurisdiction; (c) where the account is an IRA and any paid within seven (7) days after establishment, or where the account is a Keogh plan, provided that the depositor forfeits an amount equal to the simple dividends earned on the amount withdrawn, or where the account is an IRA or Keogh and the owner attains the age of 59 1/2 or becomes disabled.
Federally insured by NCUA.
APY = Annual Percentage Yield. Rates are accurate as of 16 September 2026 and are subject to change without notice.
A penalty may be imposed for early withdrawal. The penalty is 90 days of dividends on terms of one year or less, 182 days from one year up to two years, and 365 days on terms above two years.
A new-money special adds 0.15% APY on balances of $5,000 to $24,999.99, 0.20% APY on $25,000 to $49,999.99, and 0.25% APY on $50,000 to $250,000.