Earn up to 4.00% APY
High Yield Certificate Account
Fuel your business goals
Elevate your financial strategy with a dedicated space to nurture and grow your business funds, easily manage cashflow, and enjoy competitive interest rates that align with the flexibility your business deserves.
Grow Your Business Funds Quickly!
Our Pick-A-Term certificate224 product allows you to choose the term you want while earning the same competitive rate.
Earn up to 4.00% APY.130
Business members can select a 3, 6, 9 or 12 month term.229 This limited-time offer is an excellent investment option for small businesses seeking quick access to funds, providing a flexible and convenient solution for short-term financial needs.
To open an account, schedule an appointment at a Provident Community Branch. If you are an existing Provident Business Member, you may open an account by calling (800) 632-4600.
Schedule Appointment
Pick-A-Term Certificates
A limited time offer on our best rate with multiple term options.
Rates are valid as of and are subject to change.
| Type | Min. Balance | Dividend Rate | Annual Percentage Yield (APY) | Disclaimers |
|---|---|---|---|---|
| 3 Month Pick-A-Term | $10,000 | 3.928% | 4.00% | C, DDD, MM |
| 6 Month Pick-A-Term | $10,000 | 3.928% | 4.00% | |
| 9 Month Pick-A-Term | $10,000 | 3.445% | 3.50% | |
| 12 Month Pick-A-Term | $10,000 | 3.445% | 3.50% |
- C) Fees or Early Withdrawal Penalties may reduce earnings: a) If your account has an original maturity of less than 12 months, the penalty we may impose will equal the greater of $100.00 or 90 days earnings. b) If your account has an original maturity of 12 months or more, the penalty will equal the greater of $150.00 or 180 days earnings. For more information, please refer to Provident's Member Agreement. c) For Youth Add-On certificates the penalty we may impose will equal 180 days earnings.
- DDD) Limited time offer. Dividend rates are fixed for the term of the certificate and are not subject to a tiered rate. The minimum opening deposit is $10,000. Deposits cannot be added to this certificate once it has been opened. Institutional deposits are not eligible. At maturity, the 3 Month Pick-A-Term Certificate will automatically renew to the 3 Month Pick-A-Term Certificate fixed rate. The 6 Month Pick-A-Term Certificate will automatically renew to the 6 Month Pick-A-Term Certificate fixed rate, and the 9 Month and 12 Month Pick-A-Term Certificates will renew to the 12 Month Pick-A-Term Certificate fixed rate, in effect at that time.
- MM) No dividends are paid on balances below account minimums. Membership required for all accounts. Provident Credit Union reserves the right to reject funds at any time and for any reason.
Disclosures
- 130) APY = Annual Percentage Yield. Dividend rates are fixed for the term of the certificate. Rates are valid as of and are subject to change.
- 224) Penalty for early withdrawal may be assessed and may reduce earnings for all term share certificates.
- 229) Limited time offer. Dividend rates are fixed for the term of the certificate and are not subject to a tiered rate. The minimum opening deposit is $10,000. Deposits cannot be added to this certificate once it has been opened. Institutional deposits are not eligible. At maturity, the 3 Month Pick-A-Term Certificate will automatically renew to the 3 Month Pick-A-Term Certificate fixed rate. The 6 Month Pick-A-Term Certificate will automatically renew to the 6 Month Pick-A-Term Certificate fixed rate, and the 9 Month and 12 Month Pick-A-Term Certificates will renew to the 12 Month Pick-A-Term Certificate fixed rate, in effect at that time.