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For higher interest rates, Share Certificates are often your best option

There is no one-size-fits-all approach to saving money, which is why San Mateo Credit Union offers a wide variety of savings tools, including Share Certificates which are similar to a Certificate of Deposit (CD). Our Regular and IRA Share Certificates offer a great combination of stability along with some of the highest interest rates around. With SMCU Share Certificates, you really can make the most of your savings efforts.

Standard features

  • Choose a maturity date anywhere from three months to five years
  • Open most certificates with as little as $1,000 (just $500 for most IRA Certificates)
  • Most certificates are available as Regular, IRA, and Educational Savings Account (ESA) types
  • Dividends are compounded and credited monthly
  • Youth certificates are available, starting at $250

Boost your certificate interest rate with an active checking account

Want to earn even more on top of SMCU's already-high rates? You can get a monthly rate increase of 0.25% when you have direct deposit or an incoming ACH deposit into an SMCU checking account each month**

How to open a Share Certificate

The easiest way to open a share certificate without limitations is to visit any SMCU branch.  Regular share certificates for most terms can be opened online, but please note the following:
  • IRA, Youth, and Coverdell ESA Share Certificates cannot be opened online; only regular share certificates are available.
  • There is an online funding limit of $500 from outside (non-SMCU) accounts. Meaning you can only open a certificate by transferring funds you already have on deposit with SMCU since the minimum opening balance on Share Certificates is $1000.
Open Account    View Rates
*APY=Annual Percentage Yield.
**Offer details current as of 7/20/21 for an eligible Share Certificate (certificate) account that has an open or auto-renewal (rollover) date on or after 7/20/21. The advertised certificate dividend rate increase can be earned for members who have an "Active Checking" account. Active Checking account is defined as a checking account that has at least one (1) direct deposit or ACH deposit (excluding telephone, teller or dividend posting transactions) during the monthly Statement Cycle (statement cycle period is 12:00 am on the first day of each month and ends at 11:59 pm on the last day of each month). For a Statement Cycle during which the Active Checking account deposit requirement is not met, the certificate will earn the base rate that was set at the account opening or rollover date. The certificate dividend rate increase is earned on a month-by-month basis and disclosed as the Annual Percentage Yield Earned (APYE). The APYE, on a monthly basis, calculates both the certificate base rate and the certificate dividend rate increase as earned.
Both the certificate and the checking account must be held by the primary account owner to be eligible for the certificate dividend rate increase. The checking account must be open and in Good Standing, as defined in the SMCU Account Agreement, to earn the certificate dividend rate increase for each month. This offer cannot be combined with any other certificate rate increase offer and not all certificates may be eligible. Offer is subject to change or removal at any time without notice. Penalties may be imposed for early withdrawal and fees may reduce earnings. Please ask an SMCU representative for complete offer details, conditions, and restrictions.
Additional Information
Premium Checking
Here’s the perfect account to earn a high interest rate when you use your debit card often.

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