Make Your Savings Work Harder

Is Your Savings Earning What It Could?

Your savings should do more than sit in an account waiting for “someday.” Whether you are building toward a future purchase, setting aside emergency savings or simply looking for a better way to grow money you do not need right away, it may be time to take a closer look at a share certificate.

A share certificate is a simple savings option that allows you to earn a fixed dividend rate for a specific term. That means your money can keep growing at a predictable rate while you work toward your next financial goal.

For members who want a secure way to earn more on savings they do not need immediate access to, a certificate can be a smart addition to their overall savings strategy.

RadiFi is currently offering a 13-Month Certificate Special with rates as high as 4.00% APY*, giving members a limited-time opportunity to make their savings work harder.

What Is a Share Certificate?

A share certificate is similar to what many banks call a certificate of deposit, or CD. At a credit union, it is commonly called a share certificate because members are part owners of the credit union.

Here is how it typically works:

• You deposit a specific amount of money into a certificate account.
• You choose a set term, such as 13 months.
• Your rate is fixed for that term.
• Your money earns dividends while it remains in the certificate.
• At maturity, you can withdraw the funds, renew the certificate or move the money into another savings option.

Because the rate is fixed, a certificate gives you a predictable way to grow savings you do not need to use right away.

Why a Certificate Can Help Your Savings Work Harder

A traditional savings account is helpful for money you need to access quickly. But if you have funds sitting in savings that you do not plan to use right away, a share certificate may help you earn more while still keeping your money federally insured.

The main benefit is predictability. With a fixed-rate certificate, your rate stays the same for the full term. You do not have to wonder whether your savings rate will change next month or whether market conditions will impact your return.

A certificate may make sense if you:

• Have money sitting in a low-rate savings account
• Want to earn more without taking on investment risk
• Are saving for a goal that is several months away
• Want a fixed rate for a set period of time
• Prefer a federally insured savings option
• Do not need immediate access to the full balance

For many savers, certificates can be a helpful middle ground between everyday savings and longer-term investment options.

When Should You Consider a Share Certificate?

A share certificate may be a good fit for savings you have already set aside but do not need to access every day.

For example, you may consider a certificate for:

• Emergency savings beyond what you need for immediate access
• A future home project
• A vehicle purchase
• Tuition or education expenses
• A vacation fund
• Wedding or family expenses
• A down payment fund
• Money from a bonus, tax refund or maturing certificate

The key is to choose funds you can comfortably leave untouched for the certificate term. If you may need the money sooner, you may want to keep a portion in a regular savings or money market account for easier access.

The Power of a Fixed Rate

One of the biggest advantages of a share certificate is knowing what your money will earn during the term.

With a fixed-rate certificate, your rate is locked in. That can be especially helpful when you are saving for a specific goal or want a more predictable return on your money.

This predictability is one reason certificates are often used as part of a balanced savings plan. You can keep some money liquid for everyday needs while placing other funds in certificates to earn a stronger fixed return.

Make Your Savings Work Harder with RadiFi’s 13-Month Certificate Special

RadiFi Credit Union is currently offering a 13-Month Certificate Special designed to help members earn more on savings they do not need immediate access to.

For a limited time, members can earn:

• 4.00% APY* with a minimum deposit of $50,000
• 3.75% APY* with a minimum deposit of $2,500

Your rate is fixed for the full 13-month term, making this a simple way to grow your savings with more predictability.

You can open your certificate online, call 904-475-8000 or visit any RadiFi branch.

What to Consider Before Opening a Certificate

Before opening a share certificate, think about your savings goals and timeline.

Ask yourself:

• Will I need this money before the certificate matures?
• Do I have enough funds available in regular savings for emergencies?
• Does the certificate term match my goal?
• Am I comfortable leaving the funds in place for 13 months?
• Do I understand any early withdrawal penalties that may apply?

A certificate can be a strong savings tool, but it works best when the term aligns with your financial plans.

Ready to Give Your Savings a Fixed-Rate Boost?

A share certificate can be a smart option when you want to earn a fixed rate on savings you do not need to access right away.

RadiFi’s 13-Month Certificate Special gives you a limited-time opportunity to earn more while keeping your savings timeline simple.

Open your certificate online, call 904-475-8000 or stop by any RadiFi branch.