Important Notice

  • Due to system maintenance, gesa.com and Xpress Digital Banking will be unavailable beginning on Wednesday, August 12 at 11:30 p.m. until Thursday, August 13 at 12:30 a.m. We apologize for the inconvenience and thank you for your membership in Gesa Credit Union.

Bump Certificates

Don’t want to get locked in to a rate? 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 Member Service Center near you.

Consumer Bump Certificate Rates

Term
(months)
APY*
(min. balance $500.00)
APY*
(min. balance $50,000.00)
APY*
(min. balance $100,000.00)
12 0.40% 0.40% 0.40%
24 0.50% 0.55% 0.60%
36 0.60% 0.70% 0.80%
48 0.70% 0.80% 0.90%
60 0.80% 0.90% 1.00%

* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of 8/1/2020. A penalty may be imposed for early withdrawal. The minimum balance to open the certificate is stated in the chart.

IRA Bump Certificate Rates

Term
(months)
APY*
(min. balance $500.00)
APY*
(min. balance $50,000.00)
APY*
(min. balance $100,000.00)
12 0.40% 0.40% 0.40%
24 0.50% 0.55% 0.60%
36 0.60% 0.70% 0.80%
48 0.70% 0.80% 0.90%
60 0.80% 0.90% 1.00%

* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of 8/1/2020. A penalty may be imposed for early withdrawal. The minimum balance to open the certificate is stated in the chart.

Notes and Fees

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. Rates and terms are subject to change. Special offer for a limited time only. Stated rate as of 8/1/2020 and is subject to change.