Routing Number 325181248
Checking and savings —
Certificate Accounts and Bump Certificates
Ready to boost your savings? Open a Gesa Credit Union Certificate Account today and secure a fixed interest rate for your money. Or, explore the flexibility of a Bump Certificate, providing you the opportunity to increase your rate if market conditions improve.
Fixed Certificate
Bump Certificate
Fixed Certificate
Certificate accounts pay a higher rate of interest
- Higher interest rate paid
- Money stays in the account for a specific amount of time before accessing
- Early withdrawal penalties apply*
Notes and Fees
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of 05/15/23, the last dividend declaration date. A penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance to open the certificate is stated in the chart.
Early withdrawal penalties apply (a penalty may be imposed for withdrawals before maturity):
- If your account has an original maturity (term) of less than 12-months: The penalty will equal 90 days interest on the amount withdrawn subject to penalty.
- If your account has an original maturity (term) of 12-months or more – up to, but less than 36-months: The penalty will equal 180 days interest on the amount withdrawn subject to penalty.
- If your account has an original maturity of 36-months or more – up to, but less than 48-months: The penalty will equal 365 days interest on the amount withdrawn subject to penalty.
- If your account has an original maturity of 48-months or greater: The penalty will equal 540 days interest on the amount withdrawn subject to penalty.
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. For any account which earns an interest rate that may vary during the term such as a bump certificate, the interest rate we will use to calculate this early withdrawal penalty will be the interest rate in effect at the time of the withdrawal. You may make withdrawals of principal from your account before maturity. In making such withdrawals, your balance may not fall below the minimum or we will close your account. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can withdraw interest only on the crediting dates without penalty.
A $500 minimum deposit is required for consumer, IRA, and business certificates. Early withdrawal penalties may apply and may reduce earnings. Certificate rate is for a limited time only and could end at any time. Stated rate as of the first day of the month.
Certificate Rates
| Term (months) | APY* (min. balance $500.00) | APY* (min. balance $50,000.00) | APY* (min. balance $100,000.00) |
|---|---|---|---|
| 3 | |||
| 6 | |||
| 12 | |||
| 18 | |||
| 24 | |||
| 30 | |||
| 36 | |||
| 48 | |||
| 60 | |||
| 84 |
Bump Certificate
Grow your money with Gesa Bump Certificates
Bump Certificates offer you the flexibility to maximize savings. If rates increase, you can “bump up” your certificate to the current rate once during the term.
- We offer a variety of term options to best support your savings goals
- Access a one-time rate increase during the term of your Certificate
- Deposits insured to at least $250,000 by the National Credit Union Administration – an agency of the Federal Government
To learn more about Bump Certificates, call us at (888) 946-4372 or stop by a branch near you.
Notes and Fees
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of 05/15/23, the last dividend declaration date. A penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance to open the certificate is stated in the chart.
The Certificate owner must contact Gesa Credit Union to request the one-time rate increase on Bump Certificate accounts. The rate on the Bump Certificate will be changed on the following business day of the date Gesa Credit Union receives the request. The bump option can only be exercised once during the term of the Certificate and does not increase the term of the certificate. The new interest will not be applied retroactively. The new interest rate will be the interest rate we are then offering on regular certificates (non- bump rate certificates) that have the same term and minimum balance. Bump Certificates are only available for consumer and IRA Certificates. Early withdrawal penalties will apply. Minimum deposit balance must be maintained to earn APY and fees may reduce earnings on the account. Special offer for a limited time only.
Consumer Bump Certificate Rates
| Term (months) | APY* (min. balance $500.00) | APY* (min. balance $50,000.00) | APY* (min. balance $100,000.00) |
|---|---|---|---|
| 12 | |||
| 24 | |||
| 36 | |||
| 48 | |||
| 60 |
Benefits of Certificate Accounts
-
Online and Mobile banking
24-hour access to your accounts to make transfers, deposit checks, and more.
Learn more -
Variety of term options
Access to a variety of term options to best support your goals.
-
Flexible rates
Competitive and flexible rates that work for your lifestyle.
Still have questions?
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
A CD account, or Certificate of Deposit, is a savings account where you deposit money for a fixed period at a higher interest rate than regular accounts, but with penalties for early withdrawal.
A bump certificate is a specialized certificate of deposit (CD) that combines the fixed-term structure of a certificate account with the added feature of allowing members a one-time interest rate increase during the term, providing a great flexibility option for those looking to get the most out of their savings.
Gesa Credit Union certificate accounts, including bump certificates, offer various interest rates and terms, with the bump certificate allowing a rate “bump” if market rates rise.
The bump certificate’s interest rates are slightly different from regular Certificate Accounts. For example, a 12-month bump certificate might offer an APY of 3.20% for a minimum balance of $500.
With the Gesa Credit Union bump certificate, account holders can request a single rate adjustment should interest rates increase, enabling them to benefit from better rates without the need to open a new certificate.
Similar to regular certificate accounts, there are penalties for early withdrawals from a bump certificate. These penalties are based on the term and amount withdrawn.
Gesa offers many other services to help members accomplish their financial goals, such as Cashier’s Checks, Safe Deposit Boxes, Savings Bond Redemption, and Notary Service.
The bump option can only be exercised once during the term of the bump certificate, and it doesn’t extend the term of the certificate.
Still have questions?
Routing Number: 325181248
51 Gage Blvd. Richland, WA 99352
Federally insured by NCUA
Equal Housing Opportunity
Co-op Shared
Branch
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On select checking accounts!
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Getting started is easy!
Applying should only take a few minutes. Please have these documents ready:
- Social Security Number (SSN)
- Color copy of driver's license, state ID, or US Passport
- Contact info
-
Opening deposit by debit card or e-transfer*
*Credit cards are not accepted.
Call (888) 946-4372 or apply at a branch
Already a member?
Use your online banking log-in to pre-fill your application with saved information.
Notes & Fees Glossary
| Disclaimer | |
|---|---|
| *APY | * APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of the first day of the month – the last dividend declaration date. |
| SmartPlus Checking | *To earn the higher rate, you must:
|