Business Certificates
Savings that Help Ministries Thrive
A Certificate account is one-step up from traditional savings account so you can save and earn more to match your business’s unique financial goals! Our Certificates offer a wide range of terms giving you freedom to choose the account that’s best for your organization.
A Banking Partner with Kingdom Impact
When you put your money at the Credit Union, you help provide low-rate loans to individuals, churches, and ministries. Earn higher rates for a higher purpose while helping build Kingdom-minded organizations.
Explore our Business Certificate Account Options
Business Welcome Certificate
4.75% APY* – 5 Months
4.50% APY* – 10 Months
Jump start your ministry’s savings account.
Earn our highest yield on savings as our way of saying “Welcome to our CCCU family!”
- Up to $250,000 ($500 minimum to open)
- One CD per member
- New money only
Business Liquid Certificate
1.90% APY*
Easy access, higher yield, guaranteed rate, with no penalties.
Grow your savings with flexible account access.
- 15 months
- Up to $250,000 ($2,000 minimum to open)
- Penalty-free withdrawals2
- New money only
Business Step-it-Up Certificate 2.00% APY*
When rates start to climb, so do your savings.
If the standard rate increases during the term, you can STEP Up your rate.
- 30 months
- $500 minimum to open
- Automatic renewal – At maturity, we’ll roll your money into a 24-month Certificate.
- New money only
Business Term Share Certificates
Save more and earn more with more choices! Terms from six months to five years are available.
- $1,000 minimum to open
- Dividends are compounded daily and paid monthly
- Automatic renewal
- Choose to have interest compounded or automatically deposited to your checking or savings account
Savings Goal Calculator
Use this free savings calculator to help you figure out how your money can grow over time based on APY rate.
FAQs
We offer a variety of Certificate options:
Welcome Certificate – Our highest rate with terms that range from $500 to $250,000
Liquid Certificate – A penalty-free CD with terms from $2000 to $250,000
Step-it-Up Certificate – You can take advantage of a rate hike once per term. $500 minimum to open.
Term Share Certificates – With terms from six months to five years, you get to choose how much you’ll earn.
Dividends are compounded daily and paid monthly.
Once your Certificate is opened, you cannot add funds until your Certificate matures. When your Certificate matures, you’ll have a 7-calendar day grace period — starting on your maturity date — to transfer funds or make other changes.
There is a 7-calendar day grace period starting on your maturity date to:
- Change the term
- Make additional deposits or withdraw funds
- Close the Certificate
After your 7-day grace period, your Certificate will automatically renew into the same term if you don’t make any changes. Exceptions are:
Welcome Certificate and Liquid Certificate will renew into a 12-month Term Share Certificate at the prevailing rate
Step-it-Up will renew into a 24-month Term Share Certificate at the prevailing rate.
Additional Services
We offer an array of digital banking solutions and financial services for ministries of all sizes.
Terms & Conditions
*APY = Annual Percentage Yield. APYs are accurate as of 11/21/2024 and are subject to change without notice.
1. Business Welcome Certificate: At maturity, the Certificate will renew into a 12-month term share Certificate at the prevailing rate. A penalty will be imposed on early withdrawals from the Certificates account. IRA not available for Welcome Certificate. $500 minimum; $250,000 maximum. Annual Percentage Yield assumes that dividends remain in the account until maturity. A withdrawal will reduce earnings. No additional deposits can be made during the term of the Share Certificate. Rates, terms and conditions are solely within the discretion of the Board of Directors. We may limit the amount you may invest in one or more accounts to a total of $1,000,000.
‡New money is money that is not presently on deposit at Christian Community Credit Union. Existing CCCU Members: New money is defined as deposits posted to your CCCU account within the past 30 days. The Credit Union reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money.
2. Business Liquid Certificate: $2,000 minimum; $250,000 maximum. New money only.‡ APY assumes that dividends remain in the account until maturity. No penalty for withdrawals of up to 50% of the start-of-day Certificate balance, minimum $500, if made after the Certificate has been opened for a minimum of seven days. Withdrawal amounts in excess of 50% in one day will be subject to a 90-day interest penalty, not to exceed interest earned to date. Withdrawal of any amount in the first six days of the Certificate being open will result in a penalty of seven days’ dividends. At maturity, the Certificate will renew into a 12-month, regular term share Certificate at the prevailing rate. Deposits cannot be a transfer from existing funds with Christian Community Credit Union. Not available for IRA accounts.
A withdrawal will reduce earnings. Rates, terms and conditions are solely within the discretion of the Board of Directors. We may limit the amount you may invest in one or more accounts to a total of $1,000,000.
‡New money is money that is not presently on deposit at Christian Community Credit Union. Existing CCCU Members: New money is defined as deposits posted to your CCCU account within the past 30 days. The Credit Union reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money.
3. Business Step-it-Up Certificate: If the standard rate increases on a 30-month Certificate, you can STEP UP your rate once during the term. At maturity, the Certificate will renew into a 24-month term Share Certificate at the prevailing rate. $500 minimum. Annual Percentage Yield assumes that dividends remain in the account until maturity. A withdrawal will reduce earnings. No additional deposits can be made during the term of the Share Certificate. Rates, terms and conditions are solely within the discretion of the Board of Directors. We may limit the amount you may invest in one or more accounts to a total of $1,000,000.
4. Business Term Share Certificates: Annual Percentage Yield assumes that dividends remain in the account until maturity. A withdrawal will reduce earnings. No additional deposits can be made during the term of the Share Certificate. Rates, terms and conditions are solely within the discretion of the Board of Directors. We may limit the amount you may invest in one or more accounts to a total of $1,000,000.