Are you interested in a convenient way to help increase the return on your savings deposits? Camino has you covered. Thanks to our current, limited-time share certificate promotion in Montebello, CA, you’ll be excited to watch your savings grow.
While the average annual percentage yield (or APY) on saving accounts is only 0.25%, with Camino’s share certificate promotion, we are offering 11-month share certificates with a 1.25% APY* and 18-month certificates with a 1.75% APY*. When you open a share certificate with Camino, you’ll open the door to increase your financial opportunities and reach your savings goals faster. With above-market rates and favorable terms, it’s a bright decision for your future.
What is a Share Certificate & How Does It Work?
A share certificate is like a certificate of deposit or CD that you would typically get from a bank, but you open the account at your credit union.
Instead of worrying about the risks involved with investing in stocks, with share certificates, your investment affords fixed-rate guaranteed growth with a higher earning potential than a traditional savings account, providing a fully secured means to get the most from your money.
With a share certificate, you get to determine the amount, the term, and in turn, the rate of return you receive, and it’s backed with federal insurance by the NCUA. As long as you don’t take out your savings or interest earned before the agreed term length, you’re guaranteed you will receive full earnings when your term ends. It’s a fantastic way to save up fast for a big ticket item you’ve been dreaming about or a future vacation.
What are the Benefits of a Share Certificate with Camino?
- Greater dividends than regular savings
- Fixed rates guaranteed for the length of the term
- Multiple term options
- Rates increase with each longer term
- Federally insured up to $250,000 by NCUA
Opening a share certificate with Camino could be a smart way to diversify your investments and save for your future. With a longer term length, the more your money will continue to grow. Plus there’s a low initial deposit with our share certificate. You can open a Share Certificate account with as little as $2,500 at Camino.
Don’t lose out on Camino’s limited time share certificate promotion in Montebello, CA. Open yours today with Camino’s promotion and watch your savings grow with an 18-month or 11-month time deposit. It requires a minimum deposit of $2,500, up to $250,000, with money currently not on deposit with Camino.
- 18-month share certificates offer 1.75% APY
- 11-month share certificates offer 1.25% APY
Ready to See Your Savings Increase with a Share Certificate & Enjoy a Guaranteed Return? Meet with a Camino Member Advisor today!
Let Camino help you better understand the benefits of a share certificate and what it can do to help boost your savings. Camino offers a variety of ways to help you with your financial journey, build your savings, and make the most of your financial future. Please go online at caminofcu.org, give us a call at 800-835-3400 to speak with one of our Member Advisors, or contact us for more information. We’re building bright financial futures through a combination of modern technology and community-aware service to our loyal members.
We invite you to browse our member benefits to see the advantages of joining us as a Camino member. Contact us at (800) 835-3400 to speak with a Member Advisor today, or visit us online at caminofcu.org for more information on our offerings.