Let your money work for you by earning a higher rate of return with a Kern Schools short- or long-term Share Certificate. Your money will stay local and help you reach your financial goals.

Share Certificates*

With a minimum opening deposit of $1,000, Kern Schools Members can select from a variety of share certificate options offering competitive dividend rates which are compounded daily and paid monthly:

  • Short-term certificates are ideal for Members who may want or need access to their funds within 18 months or less. Kern Schools offers short-term certificate terms of 6, 12, and 18 months.
  • Long-term certificates are a great solution for Members who would like to earn even higher dividend rates by investing their money for 24, 36, 48, or 60 months.

*Early withdrawal penalties may apply.

Simple Saver Certificates*

Our Simple Saver Certificate is another option to help you meet your financial goals. With a minimum opening deposit of $25.00, Kern Schools Members are able to earn a higher rate-of-return for a 12-month term.

*Early withdrawal penalties may apply.


Rates Effective As Of 12/15/2016. ALL RATES, TERMS AND CONDITIONS SUBJECT TO CHANGE.

Account Name Minimum to Open/Earn APY Dividend Rate Annual
Percentage
Yield (APY)
6 Months Share Certificate $ 1,000.00 0.30% 0.30%
12 Months Share Certificate $ 1,000.00 0.35% 0.35%
18 Months Share Certificate $ 1,000.00 0.40% 0.40%
24 Months Share Certificate $ 1,000.00 0.55% 0.55%
36 Months Share Certificate $ 1,000.00 0.75% 0.75%
48 Months Share Certificate $ 1,000.00 0.85% 0.85%
60 Months Share Certificate $ 1,000.00 1.24% 1.25%

Fees may reduce earnings. Early withdrawal penalties may apply.


Rates Effective As Of 12/15/2016. ALL RATES, TERMS AND CONDITIONS SUBJECT TO CHANGE.

Account Name Minimum to Open/Earn APY Dividend Rate Annual Percentage Yield (APY)
12 Months Simple Share Certificate $25.00 0.05% 0.05%

Fees may reduce earnings. Early withdrawal penalties may apply.

Brokered Certificates¹

Also available through Kern Schools Wealth Management

Learn More

¹Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Kern Schools Federal Credit Union deposits and are not NCUA insured. These products are not obligations of Kern Schools Federal Credit Union and are not endorsed, recommended or guaranteed by Kern Schools Federal Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.

Kern Schools Federal Credit Union and Kern Schools Wealth Management Investment and Insurance Services are not registered broker/dealers and are not affiliated with LPL Financial. Kern Schools Federal Credit Union has contracted with LPL Financial to make non-deposit investment products and services available to credit union members.