Open any share certificate and receive a voucher for a free hotel stay!*Open any Share Certificate with a minimum $500 deposit and get a hotel voucher to use for a fun family vacation or book a romantic getaway for two! With #NobleSaves365, you can get rewarded for your smart saving decisions. It's just another way Noble is helping you save money, 365 days a year! Simply walk into any Noble Credit Union location and tell them you are ready to start saving with a Noble Credit Union Share Certificate...the Noble team member will take care of the rest.
Considered to be one of the safest investments, a share certificate provides a handful of unique benefits unto itself.
#1 Higher Returns
While a Share Certificate is as easy to get started as a savings account, one of the biggest differences is that it offers better interest rates for greater earnings.
#2 Laddering Ability
One common drawback that savers refer to when discussing share certificates is the fact that it offers less liquidity. However, by implementing a laddering strategy wherein separate accounts of varying maturities (e.g. 6 months, 1 year, 2 years, etc.) are activated, you'll always maintain some level of liquidity as each account matures.
#3 Low Risk
Share Certificates are insured by the federal government; for credit unions, it's the National Credit Union Administration (NCUA) that regulates funds and provides deposit insurance for up to $250,000 per depositor.
#4 Share Certificate Varieties
There are many different types of Share Certificate products available that can suit your needs. The Credit Union offers a variety of term duration options from 6 months if you don't necessarily want to commit your funds for the long term to a 3-year certificate of deposit that keeps funds growing year over year.
Another option includes the Three Wishes Share Certificate which enables you to bump up the rate up to 1%, make an additional deposit, and withdraw funds without penalty once during the term.
#5 Locked-In Funds
It may seem like locking savings into a deposit account is a bad idea, however, with so many Americans still struggling to get a starter reserve savings fund up and going, keeping money in the hands-off account, like a Share Certificate may pose a huge benefit to those who need an account that cannot be accessed.
Overall, Share Certificates are relatively simple and straightforward way to invest and save.
*MINIMUM DEPOSIT TO OPEN A CERTIFICATE IS $500; Certificate rates are fixed for the term selected unless otherwise indicated. Total Noble CU deposits per member are limited to a maximum of $2,000,000. The certificate must be opened with new money from another institution from February 1, 2018 until close of business on February 28, 2018, and the funds must stay in that share certificate through 4/1/18 to qualify for the hotel voucher. One hotel voucher per household. A penalty will be imposed for withdrawals before maturity. If you have any questions, or need current rate information on your accounts, please call (559) 252-5000. Rates subject to change.
Travel Disclosure: Destination and lengths of stay subject to change. Once the credit union confirms that the original funds are still on deposit on 4/1/18, the hotel voucher will be mailed to the member no later than 4/15/18. The voucher is good for a free hotel stay at one of 28 travel destinations for 3-5 nights. Taxes, handling, travel, transportation, paring and other fees not included. Trip vouchers available while supplies last. The Credit Union reserves the right to alter the reward as necessary.