How Do Share Certificates Work?
Share certificates are investments that San Diego residents many use to grow their savings. Our 6-Month and 12-Month Share Certificates offer competitive rates of as high as 4.59% APY*, helping you get the most out of your savings.
View Rates
Understanding Share Certificates
A share certificate is a type of investment that is offered by credit unions, while banks offer a similar investment called a certificate of deposit (CD). When you open a share certificate, you agree to leave your money in the account for a specific term in exchange for earning interest. When the term ends, you can then withdraw the principal and interest or invest it in another share certificate. Share certificates have fixed interest rates, meaning the interest rate will not change throughout the term.
Share Certificate Advantages
- Flexible Terms: Share certificates offer various terms to choose from, with longer terms typically offering higher interest rates.
- Safe Investment: Share certificates are insured for up to $250,000 by the National Credit Union Administration (NCUA) for credit unions and by the Federal Deposit Insurance Corporation (FDIC) for banks, ensuring the safety of your principal.
- Guaranteed Returns: Fixed interest rates mean your return is guaranteed, allowing you to determine your earnings before opening an account.
- Higher Interest Rates: Share certificates usually offer higher interest rates than savings and money market accounts, providing a better return on your investment.
Grow Your Savings Account!
Let Cabrillo Credit Union help you find the best credit union cd rates in San Diego. Our Share Certificates are the perfect way to earn more on your savings.
Our 6-Month and 12-Month Share Certificates offer competitive rates of as high as 4.59% APY*, helping you get the most out of your savings.
With our Share Certificates, you can start earning more interest right away!
($2,000 - $9,999)
| Term |
Rate |
APY |
| 6 months |
4.00% |
4.07% |
| 12 months |
4.50% |
4.59% |
($10,000 - $49,999)
| Term |
Rate |
APY |
| 6 months |
4.00% |
4.07% |
| 12 months |
4.50% |
4.59% |
($50,000+)
| Term |
Rate |
APY |
| 6 months |
4.50% |
4.59% |
| 12 months |
4.50% |
4.59% |
San Diego Credit Union Savings Account
Sign up for a Credit Union Savings Account in San Diego.
Open an Account
*Annual Percentage Yield (APY) is accurate as of 07/26/2023. A penalty may be imposed for early withdrawals. Early withdrawals and fees may reduce earnings. Terms and conditions disclosures available at account opening. Minimum deposit of $2,000.00 required to open an account and obtain APY. Offer may be withdrawn at any time and rates are subject to change without notice. Federally insured up to $250,000 by NCUA.