Certificate Accounts from Bethpage

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Is a Certificate right for you?

A Bethpage Certificate Account is designed to increase your savings in a secure and predictable way. With a fixed dividend rate for the term of the product, a Certificate Account grows dependably with steady dividends.

  • Many certificate terms available.
  • Start with as little as $50.
  • Certificate will automatically renew at maturity with no action required by you.
  • Save with confidence - deposits are federally insured by the NCUA up to $250,000.[3]
Certificate Term APY[1]
3 Month -.- Open Now
18 Month 3.00% Open Now
24 Month -.- Open Now
30 Month -.- Open Now
36 Month -.- Open Now
39 Month Bump-Up[2] -.- Open Now
48 Month -.- Open Now
60 Month -.- Open Now

[1] APY = Annual Percentage Yield. APY is accurate as of and subject to change. APY assumes all dividends remain in the certificate until maturity, and a withdrawal will reduce earnings. Penalties may be imposed for early withdrawal. $50 minimum balance to earn APY and to open account. Fees may reduce earnings.

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39 Month Bump-up[2] Certificate

If our rates go up, you have the one-time option to "bump up" your dividend rate to the current 36-Month Certificate rate for the remainder of your term.

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Other Banking Products

Need to access your money periodically but still want to earn interest?
A Bethpage Money Market or Free Checking Account may be a fit for you.

Certificate Account FAQs

How can I open a Certificate Account?

To open a Bethpage Certificate Account, stop by your local branch or visit our Open an Account webpage. If you are not a current member, you will need to establish membership with Bethpage by opening a $5 Savings account prior to opening a Certificate Account.

What is the minimum deposit needed to open a Certificate Account?

The minimum deposit needed to open a Bethpage Certificate Account is $50.00.

What is the difference between a Certificate of Deposit and a Share Certificate?

Certificates of Deposit are mainly offered by banks, whereas Share Certificates (or Certificate Accounts) are offered by federal credit unions like Bethpage. Another difference is that while Certificates of Deposits earn interest, Share Certificates earn dividends. Lastly is the insurance tied to each of these types of savings; a Certificate of Deposit from a bank is insured by the Federal Deposit Insurance Company (FDIC), while a Share Certificate from a federal credit union is insured by the National Credit Union Administration (NCUA).

What happens when my Certificate matures?

When a Certificate matures, it will automatically renew for the same term as the original term, with the exception of the 39 Month Bump-Up Certificate and Guaranteed Certificate Portfolio Certificate. You will have a grace period of seven (7) calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty or to change the renewal term of the Certificate.

Are there early withdrawal penalties for Certificates?

Yes, there is a penalty for early withdrawal of Certificates. If you withdraw funds from a Certificate before the maturity date, you may incur early withdrawal penalties.

Twelve (12) month or shorter-term Certificates will incur a penalty equal to ninety (90) days dividends on the principal amount withdrawn.

Certificate terms greater than twelve (12) months will incur a penalty equal to one hundred eighty (180) days dividends on the principal amount withdrawn.

What are the features of the 39 Month Bump-Up Certificate?

Bethpage's 39 Month Bump-Up Certificate has a 39-month term and includes an option that allows you to increase ("Bump-Up") the dividend rate once during the term to the current dividend rate in effect for a 36 Month Certificate. At the end of the 39 Month Bump-Up maturity term, whether or not you elected the Bump-Up option, your Certificate will automatically renew for a term of thirty-six (36) months, at the prevailing rate in effect for a 36 Month Certificate with no "Bump-up" (increase) feature.

Why Bethpage?

We're a credit union, not a bank. That means your needs come first, not shareholders, because there are none. We invest back in you by delivering great rates and low fees.

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15th largest credit union in the nation[4]

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Over 440,000 members

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High member satisfaction ratings - 87% in 2022[5]

My Money 101

Learn about savings goals and smart habits to help you save for the future.

Whether you want to learn the banking basics, or increase your financial know-how, My Money 101 has something for you! These free interactive learning tutorials are quick, easy and packed with information to help you reach your financial goals.

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5-10 minute tutorials.

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Important Information

[1] APY = Annual Percentage Yield. APY is accurate as of and subject to change. APY assumes all dividends remain in the certificate until maturity, and a withdrawal will reduce earnings. Penalties may be imposed for early withdrawal. $50 minimum balance to earn APY and to open account. Fees may reduce earnings.

[2] 39-Month Bump Up Certificate - The bump-up certificate has a 39-month term and includes an option that allows you to increase or "bump-up" the dividend rate once during the term to the current dividend rate in effect for a 36-month certificate. At the end of the 39-month bump up maturity term, whether or not you elected the bump-up option, your certificate will automatically renew for a term of 36 months at the prevailing rate in effect for a 36 month certificate with no "bump up" (increase) feature.

[3] The National Credit Union Administration (NCUA) share insurance coverage of $250,000 applies to each share owner, per insured credit union, for each ownership category. For more details and to learn more about NCUA share insurance visit www.ncua.gov.

[4] Source: Callahan Associates, based on total assets. Data as of September 2022.

[5] Source: Medallia Survey Program. Data as of December 31, 2022.