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5-Month Unlimited Add-on Certificate (CD)

Earn up to

5.25% APY*
Earn Smart, Save Fast
Unlock Growth with a Certificate Account
  • Unlimited Additional Deposits
  • $500 Minimum
  • Maximize Financial Growth
  • Secure Impressive Rate
  • Optional “Thank You” Rate Bump

Earn up to 5.25% APY*

Maximize your financial growth with a 5-month Unlimited Add-On Certificate with an optional “Thank You” rate bump. 

5-Month Unlimited Add-On Certificate

Invest in a 5-month Unlimited Add-On Certificate at Sound.

The 5-Month Certificate deal for starters

You’ll not only lock in a competitive rate, you’ll have the option to make additional deposits at any time during the term.

  • Unlimited Additional Deposits
  • $500 Minimum
  • 5.00% APY
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“Thank You” Rate Bump

Have a qualifying account and we’ll add 0.25% to show our appreciation.

  • 5.25% APY (an additional 0.25 rate bump)
  • Must have one of the following to qualify:
    • Checking account with $500 monthly direct deposit
    • First Mortgage
    • Business loan
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5-Month Certificate Account Rates

Sound Credit Union aims to provide competitive interest rates for its members by matching certificate interest rates. Understanding that certificate interest rates are a crucial factor for individuals seeking secure and predictable investments, Sound employs various strategies to ensure that its certificate rates align with- or surpass those offered by other financial institutions. By closely monitoring the market, conducting thorough research and analysis, and considering factors such as market trends, risk assessment, competitive analysis, efficient operations, and a member-centric focus, Sound endeavors to match interest rates for its certificate products.

Benefits of a Certificate Account

Competitive interest rate: A 5-month certificate often offers a higher interest rate compared to traditional savings accounts, allowing you to earn more on your investment.

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Fixed Term

The certificate has a predetermined term of 5 months, providing a sense of stability and predictability to your investment.

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Flexibility to Make Additional Deposits

One of the key advantages is the option to make additional deposits during the term of the certificate. This flexibility allows you to increase your savings and maximize your returns.

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Secure Investment

Certificates are considered low-risk investments which provides peace of mind and your funds are insured by NCUA.

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Financial Goal Planning

The fixed term of a 5-month certificate allows you to align your investment with specific financial goals, such as saving for a down payment, vacation, or any other short-to-medium-term objective.

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Consistent Returns

With a certificate, you can expect a consistent return on your investment as the interest rate remains fixed throughout the term.

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Diversification

Investing in a 5-month certificate allows you to diversify your investment portfolio by adding a stable and reliable asset class.

Common Questions About Certificate Accounts (FAQs)

A Share Certificate Account is a type of savings account offered by Sound. It allows you to earn a higher interest rate by depositing a fixed amount of money for a specific period of time, typically ranging from 3 months to 5 years.

Unlike a regular savings account, a share certificate typically offers a higher interest rate in exchange for locking in your money for a fixed term.

The key benefits of a Share Certificate Account include higher interest rates, security of your funds, and a guaranteed return on your investment. It’s an excellent option if you don’t need immediate access to your money and want to earn more on your savings.

The minimum deposit requirement will vary depending on the certificate. View our Current Rates to learn more.

When your Certificate Account reaches its maturity date, you have several options. You can choose to renew it for another term, withdraw the funds, or transfer the funds to another account at Sound. Be sure to review the options available to you.

All Sound Certificates have an Unlimited Add-On feature allowing additional deposits during the term. This means you can make deposits at any time, for any amount, during the term of your current or new certificate. Make one-time additional deposits or set up recurring transfers to your certificate within Online or Mobile Banking.

Excludes: IRA and ESA Certificates.

Disclosures

*APY = Annual Percentage Yield. Offers valid for existing or new Sound members. Membership with a savings account at Sound Credit Union is required to participate in the offer. Anyone who lives or works in WA can join. Promotional rates and terms advertised are available for a limited time and subject to change without notice. Early withdrawal penalties apply and may reduce earnings. Certificate:Minimum balance is $500. At maturity, certificate will roll into a new 6-month certificate. Unlimited Deposit: Make additional deposits at any time during the term of the certificate. “Thank You” Rate Bump: To receive the 0.25% APY rate bump, certificate must be opened on the membership with qualifying account or loan. Qualifying accounts include any Sound Checking account with a $500 monthly direct deposit. Qualifying loans include First Mortgage, Commercial Real Estate, SBA, Business Lines of Credit or Term Loans, and must be in good standing. Accounts are reviewed monthly to determine if qualifications are met and rate bumps are applied/revoked upon that result. Federally Insured by NCUA.