Certificates

Certificates

Pioneer Share Certificates work like bank CDs. Our rates are highly competitive and the longer the term, the greater the dividends. But our Share Certificates come with the added warm, fuzzy of knowing your deposit is helping fellow Sconnies.

So simply pick your term and watch the high rate of return roll in. There are no markets to watch and no risks to consider. Invest your money the Pioneer way!

Summary
  • Competitive rates
  • Greater earning than savings
  • Fixed rates guaranteed for length of term
  • Terms from 3 months to 5 years
  • Penalty on earnings for early withdrawal
  • $1,000 minimum deposit to open
  • Federally insured by NCUA

Check out our current rates.

What’s the Deal?

Credit union's call their certificates "share certificates" instead of "certificates of deposit" or "CDs." What's the deal with that?

This is because our members are part owners, not just customers. So certificates at Pioneer Credit Union can be seen as "shares" in our company. This is also why we pay "dividends" instead of "interest."

A bank uses the money they have on deposit from CDs differently. Since they know exactly how long they will have the deposit, they use the money themselves to invest in greater returns. We do the same thing.

The difference is banks use the money they earn to pay giant bonuses to executives and make a handful of investors even richer. But Pioneer uses the money we earn to pay greater dividends to our shareholders...which is every single one of our members—like you!