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Certificates

Blue Flame savings certificates give you a number of options to incorporate into your financial plan. We even have special certificates for our younger members!

Flexible Options with Guaranteed Dividends

A certificate is a valuable financial product that guarantees you a return on your savings in exchange for a committed term. With a low minimum deposit of just $500 (only $25 for our members under 23), you can select the term that works for you — as short as six months and up to 30 months. Your certificate can be a regular savings certificate or an IRA certificate.

The longer your certificate, the higher the guaranteed return on your investment. You earn dividends on certificates from the date of your opening deposit up to your maturity date, compounded monthly.

Current Certificate Specials

Special Rate 14-Month Certificate

Get more bang for your buck! Summer won’t last forever. Neither will these rates! Deposit a minimum of $5,000 of New Money†† into a certificate and watch your balance sky rocket at 2.35% APY*!

Special Rate 9-Month Certificate

Watch your money grow with our limited time only nine-month Special Rate Certificate at 1.50% APY*.  Open your certificate today with a minimum of $500.00 currently on deposit at Blue Flame Credit Union.

Effective Jun 28, 2018
Share Certificates† APY* Min Bal**
14 Month Special†† 2.35% $5,000
9 Month Special*** 1.50% $500
6 Months 0.85% $500
12 Months 1.00% $500
18 Months 1.25% $500
24 Months 1.35% $500
30 Months 1.50% $500
36 Months 1.60% $500
†Early withdrawal penalties apply to certificates. Dividends are compounded and paid monthly.
*APY = Annual Percentage Yield.
**Minimum balance before dividends can be earned.
††New Money Only — Cannot use funds currently on deposit or held at Blue Flame Credit Union. Minimum deposit of $5,000. The APY is accurate as of 7/1/2018. This offer ends on 9/30/2018, or if we reach $1,000,000 Credit Union limit for the 14-month certificate before 9/30/2018. BFCU reserves the right to extend or end offers at any time. If the certificate is not redeemed at maturity, it will automatically roll into an 18-month certificate at the then current rate. IRAs are not eligible. Other terms and conditions may apply.
***Offer ends 2/28/2019. Must use funds currently on deposit or held at Blue Flame Credit Union. Money must be with Blue Flame Credit Union before June 1, 2018. If funds are deposited after 6/1, funds must be available for 30 days before use to open a CD. Minimum deposit of $500. There is a $1,000,000 Credit Union limit for the 9 month CD. If CD is not redeemed at maturity, it will automatically roll into a 12-month CD at the then current rate. IRA's are not eligible. Funds may not come from an early withdrawal of a current CD product. Early withdrawal penalties apply. BFCU reserves the right to extend or end offers at any time.

Step Up to Savings

A popular option for many members that gives guaranteed returns and periodic liquidity is stepping or staggering several certificates. Instead of depositing your full investment balance into one certificate, you would divide the investment amount over several certificates with varying terms. This gives you access to those funds at recurring maturity intervals. If you don’t need the funds, you simply reinvest in a higher term certificate. Ask our professional member representatives for complete details on this approach.

Savings Certificates for Our Younger Members

As an encouragement for family members to start putting aside money for a child's future expenses, BFCU offers special Youth/Young Adult Certificates with lower minimum deposits requirements:

  • Youth Certificates are available to members under age 18.
  • Young Adult Certificates are available for members ages 18 to 23.
  • The minimum deposit for Youth/Young Adult Certificates is only $25.00.
  • Funds may be added to the Youth/Young Adult Certificate at any time, without penalty.

Effective Jun 28, 2018
Young Member Certificate APY* Min Bal
6 Months 0.85% $25
12 Months 1.00% $25
18 Months 1.25% $25
24 Months 1.35% $25
30 Months 1.50% $25
36 months 1.60% $500
†For Youth (under age 18) and Young Adults (through age 23). Early withdrawal penalties apply to certificates. Additional deposits may be made to Youth/Young Adult Certificates. Dividends are compounded and paid monthly.
*APY = Annual Percentage Yield.

Member receives maturity notice, prior to certificate maturity date. Certificates mature automatically, for same term, unless otherwise requested by member.