Grow your savings with confidence
A secure way to build your balance with fixed rates and reliable returns.
Earn more than most savings options
Use as collateral for a secured loan
Only requires $500 minimum deposit 9
Federally insured by NCUA
“Looking at a local bank in Rockland County to do some banking with great rates, I’m so glad we stopped into the Palisades Credit Union. We dealt with Ellen who is top tier in the banking world! She was professional, gave an accurate timeline on what to expect and made our process pain free. It’s a small & clean branch with helpful people. It’s important to feel good about where you bank, and this bank checks off all the boxes.”
- Alane J.
- Palisades CU Member
Palisades CU vs. the Big Banks
Banking that gets you
Our team lives here, works here, and truly understands what ‘local’ means. You get modern banking tools backed by the kind of neighborly connection bigger institutions can’t match.
Palisades CU | The Others | |
Community-focused, relationship-driven | icon-check | icon-x |
Dedicated to our neighbors | icon-check | icon-x |
Personalized advice | icon-check | icon-x |
Invested in local businesses and community | icon-check | icon-x |
Member, neighbor, part of the family | icon-check | icon-x |
Financial solutions built around your goals | icon-check | icon-x |
Financial stability you can count on
Our Certificate Accounts keep your money secure and your earnings predictable. Even when markets shift, your certificate stays strong.
Certificate Account FAQs
Common questions about our certificate accounts.
What is a certificate account?
A certificate account, sometimes called a certificate of deposit (CD) or simply certificate, is a type of savings account with a fixed term and a fixed interest rate. It typically offers higher returns than a regular savings account in exchange for leaving your money untouched for a set period.
How does it work?
You choose a term (e.g., 6 months, 12 months, 36 months), deposit the account minimum, and earn interest over that period. The interest rate is locked in for the entire term. When the term ends (matures), you can withdraw your funds or renew the certificate!
What are the minimum deposit requirements?
Our certificates require a $500 minimum deposit.
Would my certificate account be insured?
Absolutely. Certificate accounts are insured by the National Credit Union Association (NCUA) for up to $250,000.
What happens when the term is up?
Once your certificate matures, you can renew it for another term, withdraw the funds, or transfer your money to another account!
Safe, steady, and smart
Our Certificate Accounts give you guaranteed earnings with terms that fit your goals.