A young family sits in a park

Certificates

Learn More About United Teletech Financials’ Certificate Accounts & U-Savers Money Market

Open a Certificate Account

Certificate Accounts

At United Teletech Financial, we’re dedicated to helping you reach your financial goals. Are you attempting to save money for a future purchase? Want to build a nest egg? Our Certificate accounts can help.

What Is a Certificate Account?

A certificate, also known as a share certificate, is a form of savings account. Yet, by using a certificate, you’ll agree to keep those funds locked away until a specific maturity date. In return, you’ll receive a better APY* than most traditional savings accounts can offer.

Rates as High as 1.25% APY (24 to 35 Month Term)

We currently offer rates as high as 1.25% APY for a term of 24 to 35 months.

Our lowest term is 3 to 5 months with 0.05% APY. You can also obtain a term length as long as 60 months with a .50% APY. It all depends on your needs and financial goals.

United Teletech Financial offers a variety of certificates with varying rates and terms. The balance requirements range from $500 to $25,000, depending on the certificate you choose. View our current rates to see which certificate will benefit you best.

The Benefits of a Certificate Account

There are many benefits of opening a Certificate account when you wish to make the most of your savings. Some of these benefits include:

  • Star class="wrapper">

    Safety

    Certificates are federally insured up to $250,000 per account. This means your cash is kept safe regardless of the market. Plus, Certificates are a safer option for those who don’t want to invest in stocks or bonds.

  • Calendar class="wrapper">

    Fixed APY

     Due to the fixed APY on Certificates, you can expect a specific amount of yield at your maturity date. Your APY will stay the same throughout the full term of your Certificate. This also makes it easy to create a financial plan that includes Certificate accounts.

  • HandDollar class="wrapper">

    Better Returns

    Certificates often result in a higher APY than traditional savings accounts, giving you more for your money. Plus, it’s an added reward for saving.

Will You Benefit From a Certificate Account?

Certificates aren’t the best choice for everyone. If you use your savings account frequently or make frequent withdrawals, a Certificate might not be best for you. Yet, if you have some cash you’d like to put away for a distant rainy day, a Certificate is a great choice.

As always, it’s important to discuss any financial decisions with a certified financial counselor. Our counselors can help you decide whether a Certificate is right for you and your family. Plus, due to changes in the market, it’s always best to check rates for both savings account and Certificate options.

Learn More About Our Certificate Accounts—Reach Out to UTF Today!

Want to learn more about our Certificate accounts? We can help. Open Your Money Market Account Today:

Call Us

732-530-8100