Share Certificates

Let a Share Certificate Supplement Your Financial Future

Earn more on your money by depositing it into a Share Certificate account for a pre-determined length of time.

With a Share Certificate, you earn a higher yield than a traditional savings account. The minimum deposit is only $500, and $100 for a Youth Share Certificate.

We have options to help with your savings goals:

  • Open with a $500 deposit ($100 for a Youth Share Certificate)
  • Terms from 6 months to 5 years
  • 12-Month add-on feature allows you to add funds with as little as $100 throughout the term
  • Step-Up option allows you to increase your rate once, throughout the term if rates go up
  • Escalating Share Certificates. Click here for more information 

View Share Certificate Rates

Balance Dividend RateAPY*Member Advantage Dividend Rate Member Advantage APY*
6 month
0.80%
0.80%
1.05%
1.06%
12 month add-on**
1.00%
1.00%
1.25%
1.26%
18 month
1.30%
1.31%
1.55%
1.56%
24 month
1.45%
1.46%
1.70%
1.71%
30 month
1.50%
1.51%
1.75%
1.76%
Step Up 30 month††
1.40%
1.41%
1.65%
1.66%
36 month
1.75%
1.76%
2.00%
2.02%
48 month
2.00%
2.02%
2.25%
2.27%
60 month
2.30%
2.32%
2.55%
2.58%

All certificates are also offered as Traditional IRA certificates, Roth IRA certificates, Coverdell Education Savings Account (ESA) certificates and SEP certificates. In addition, prior to opening an IRA certificate (Traditional, Roth, SEP) or Coverdell ESA certificate, you must have or establish an IRA or Coverdell ESA with GTE Financial. With the exception of the 12 month add-on share or IRA certificate, you may not add any additional money to your certificate after opening. Dividends compound monthly and are paid on the last day of the month and at maturity. There are no penalties for monthly dividend withdrawals. Early withdrawal penalties may or will apply if the certificate is closed before the maturity date. You can withdraw up to 10% of the principal plus dividends one time per year (20% of the current balance if over 59 1/2 years old) with no early withdrawal penalty on IRA certificates. Any monthly withdrawals or transfers reduce earnings. Neither the primary account owner or joint owner may be a beneficiary on the certificate account (not applicable on IRAs and Coverdell ESAs). Certificate rates may change weekly. You are not locked into a rate until you open or renew your certificate.
*APY=Annual Percentage Yield as of June 1, 2017.
**Add-On option available in deposits of $100 or greater throughout the term of the certificate up to a combined maximum of $6,000 per primary owner per calendar year.
†† Certificate must be open for at least six months before one-time step-up feature can be utilized.

Apply

  • If you are a member, you can easily open a Share Certificate by logging into Online Banking and clicking on ‘Open an Additional Account’ under ‘New Accounts’ in the main navigation. Then select the ‘Open an additional Checking/Deposit account’ to access the Share Certificate application.

  • If you are not a member yet, please visit our online application page and click the ‘Open An Account’ button in the top navigation. You will then click the ‘Become a Member’ button to start your application. Once you are a member, please login to Online Banking to ‘Open an Additional Account’.

  • If you prefer, you can also visit a location or call us at 813.871.2690 or toll-free at 1.888.871.2690 to apply for membership and a Share Certificate.

Learn more about Share Certificate Withdrawal Penalties