Certificates
These term accounts give you the highest possible rates, flexibility and convenience. You decide whether dividends are compounded internally or are paid by check or deposited to another account of yours at GenFed. Terms range from as short as 3 months to as long as 60 months, and rates are adjusted accordingly. The minimum balance to open a GenFed certificate is $1,000.
Bump-Up Certificates at GenFed
GenFed is thrilled to offer, for a limited time, our Bump-Up Certificate! This certificate allows you to increase the rate of your Saving Certificate to that of our current standard rate one time during the life of your certificate! There are NO limits so the rate can go as high as our current standard rates! There are no time limitations for exercising the ‘bump’. Ask us for details!
Don’t have enough saved up for the $1,000 minimum for a certificate? Open our new Certificate Accumulator account that allows you to put aside a smaller amount each week or month until you have enough saved to be able to take advantage of one of GenFed’s great certificate rates! Contact your branch for details.
Determine how much interest you’ll earn on your certificates by using the GenFed Savings Calculators.
'Vicki Sefton and the staff at the Antwerp branch are like family to my wife and me. We appreciate their warm, courteous service and their genuine concern for our well-being.'
- Max H, Antwerp branch
