Investing can be risky. With a share certificate, GOLD Credit Union removes that risk and earns you guaranteed savings at a higher rate than a standard GOLD Share Savings Account.
A share certificate is the credit union version of a certificate of deposit, or CD. You commit to keeping your deposit in your account for a certain period of time — and those funds earn dividends over the course of the term. As long as you don't withdraw funds, you're able to calculate your dividends upon maturity at the onset of your investment.
If you want to give your savings an extra boost, try certificate laddering. Invest in multiple certificates: some long-term and some short-term. Strategically staggering your maturity dates allows for your money to become regularly available, while maintaining a great blended rate.