Special Share Certificates
- Special, limited time offers
- Fixed-dividend rates
- Secure savings strategy
Another way to take aim at your financial goals
It's your money, your plans, your future. When it comes to setting savings strategies, we believe our members should have as many options as possible. At Purdue Federal, we often offer Special Share Certificates that feature different rates or terms than our regular certificates.
This low-risk strategy is a great way to boost your savings while keeping your money secure.
Add as much as 0.60% to your Special Share Certificate rate (depending on your status) through My Member Perks2.d(i)a
Choose between 7-month, 15-month, and 29-month terms for your Share Certificate.
Special Share Certificate Terms
| Product / Term2 | Dividend Rate as high as*2 | APY as high as*2 | Min. Opening Balance | Dividends Compounded |
|---|---|---|---|---|
| 7-month Special | 4.14% | 4.23% | $5,000 | Daily |
| 15-month Special | 4.24% | 4.33% | $5,000 | Daily |
| 29-month Special | 2.95% | 2.99% | $5,000 | Daily |
Open a Special Share Certificate
APY = Annual Percentage Yield. Early withdrawal penalty applies, fees may reduce earnings. Please see Rate Sheet and Truth in Savings for effective date of rates.
*Highest APY and Dividend Rate assume Diamond Status My Member Perks tier. Rates are based on several factors including account type, term, and account balance if applicable. Rates are subject to change without notice, your rate may be lower. See My Member Perks for details.
Figure out exactly how much money you'll make
A share certificate is a promise that you'll leave a certain amount of money in an account for a specified amount of time. In exchange for not accessing the money during that period, the bank or credit union will offer high interest rates on the deposited amount. See more information.
FAQs
- First, determine your eligibility through one of our Select Employee Groups (SEGs) or if you live, work, study or worship in LaPorte County, Indiana.1.b
- Applying online, in the branch or by calling the Contact Center.
- Once approved, open a Member Ownership account and deposit your $5 membership share deposit to purchase your share of the credit union.
There are so many ways to boost your points!2.a(i) Here are a few tips:
- 5 points – Use Purdue Federal Digital Banking.
- 5 points – Set up a direct deposit.
- 4 points – Become a member of Investment Services.
- 3 points – Sign up to receive paperless statements.
- 2 points – Make a shared branch transaction.
- 1 point – Use Purdue Federal's Pay a Bill feature in digital banking.
Visit our How to Earn Points page for full details.
APY (Annual Percentage Yield) reflects the total amount of interest earned on an account over a year, factoring in compounding interest. Meanwhile, a dividend rate is the percentage of interest paid to investors on their investments, typically in savings accounts or dividends from stocks.
My Member Perks is a program that continuously rewards you for your trust and loyalty to Purdue Federal Credit Union. Your entire relationship with the credit union qualifies you for a Bronze, Silver, Gold or Diamond Status based on the products and services you use. Each status offers a variety of perks designed for members at all stages of life. Perks include free checking, a monthly cash giveback, money saved on loan rates and more!
Become a Member
Unlike other financial institutions, credit unions are not-for-profit, membership-based organizations. The good news is that joining is easy. If you're connected to Purdue University, La Porte County, Indiana, or one of our Select Employee Groups, you're likely eligible.
See Membership EligibilityHelpful Resources
Purdue Federal Credit Union serves members worldwide and operates branches throughout Greater Lafayette, Crown Point and La Porte, Indiana.