11-Month | 5.00% APY2
A rewarding rate when you bring in new money²². Predictable earnings from a credit union that supports you, always.
Start earning more with a New Money Certificate from Palisades CU.
Key Benefits
Certificates are a safe and secure way to increase your savings. Your rate will stay the same, no matter what the market does.
Open an account in person or give us a call to get started. Then manage your money with digital banking. New money deposit only.
A smarter home for your new savings
A fixed and reliable rate, no matter what the market does. Make the most of the months ahead.
Lock in our competitive rate for the 11-month term
Enjoy peace of mind – your money is 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 |
Fresh funds deserve a fresh start
Moving money from another institution? Our 11-month new money certificate gives it a guaranteed return, with no market swings and no guesswork about what you’ll earn.
New Money 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.
What counts as “new money”?
New money refers to any funds that are new to Palisades CU, such as deposits from another bank or credit union. Transfers between your existing Palisades CU accounts don’t qualify.
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!