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Savings and Certificates


Whether you're saving for retirement or a rainy day, you'll find an account designed to meet your unique needs.

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Regular Share Savings

Our most-popular savings product. Regular Share Savings is a simple savings product to help your money grow. No minimums, no annual fee, just simple savings.

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Become a Member

or Call 800-527-1017


Maxi Money Market Account

Earn a higher rate than our Regular Share Account but have more access to your funds than a typical investment product.

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Become a Member

or Call 800-527-1017


Oakie Super Saver Club

Designed for children under 12 years old, the Oakie Super Savers Club is a great way to teach your child about saving.

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or Call 800-527-1017


Future Focus Home Savings Plan

Does buying a home seem like a far-away dream? That dream is more affordable than you may think! The Future Focus Home Savings Plan provides a pathway to home ownership and rewards you with higher yields and a cash reward for planning ahead.

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or Call 800-527-1017

‡Annual Percentage Yield. Premium rate based upon Central One’s Regular Share Account plus 1%. 

‡‡Central One will reward up to 1% of the mortgage amount or the total sum of closing costs, whichever is lesser. 

Savings and Money Market Accounts (Share and Maxi) Disclosure: Dividend rates are accurate as of the last dividend declaration date. All savings and money market accounts are considered variable rate accounts and rates are subject to change at any time without notice. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earning on the account. Refer to Central One Federal Credit Union's Truth-In-Savings Disclosure and Schedule of Fees.




Certificates

Enjoy peace-of-mind knowing you've made a safe investment. A Certificate Share is the credit union version of a CD. Whether your goal is to save for retirement or build your investment portfolio, Central One certificates are the perfect way to save and earn more.

All certificates at Central One are federally insured by the NCUA.


Senior Sense Premium Certificate

For members who are retired, 60 years of age or older and receiving either social security or a pension, the Senior Sense Premium Certificate provides a higher return than our regular certificates.

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or Call 800-527-1017

Regular Certificate

Our most popular certificate, these CD alternatives provide competitive yields without some of the limitations found in other certificates.

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or Call 800-527-1017

Future Investor Premium Certificate

For members 17 years or younger, the Future Investor Certificate provides a premium interest rate. As joint owners, parents or guardians can help track the progress and set savings goals.

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or Call 800-527-1017



IRA Certificate


Make your retirement dreams a reality with these saving opportunities.

Traditional IRA Certificate

Putting money into a Traditional IRA can defer taxes on your earnings. IRA funds are insured separately from other deposits by the NCUA.

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Become a Member

or Call 800-527-1017

Roth IRA Certificate

Putting money into a Roth IRA allows you to take eligible distributions tax free. IRA funds are insured separately from other deposits by the NCUA.

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Become a Member

or Call 800-527-1017


Coverdell Education Savings Account (CESA)


A CESA is a trust account designed to save for your child's education expenses. Earnings accumulate on a tax-deferred basis and can be withdrawn tax-free if used to pay for qualified education expenses.

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Become a Member

or Call 800-527-1017


Club Savings


Don't let the holidays or vacation time stress you out. By saving now you can enjoy time with your family instead of worrying about finances.

Holiday Club

Save for the holidays with this interest-bearing account and avoid costly interest associated with credit cards.

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Become a Member

or Call 800-527-1017

Vacation Club

Make that dream vacation a reality. Set a goal and start saving with this interest-bearing account!

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Become a Member

or Call 800-527-1017


^APY = Annual Percentage Yield

* Certificate Disclosure:
All certificate rates are fixed for the length of the term. A penalty may be imposed for withdrawals before maturity. If your account has an original maturity of one year or less, the penalty will equal three months dividends on the amount withdrawn subject to penalty. If your account has an original maturity of more than one year the penalty will equal six months dividends on the amount withdrawn subject to penalty. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. If the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal. In certain circumstances such as the death or incompetence of an owner of this account, the law permits or may require the waiver of the early withdrawal penalty. Other exceptions may also apply; for example, if the certificate is part of an IRA or other tax-deferred savings plan.

** IRA Disclosure:
Distributions may be taken after age 59 ½ without an IRS penalty and are mandatory after age 70 ½. There are special circumstances in which you withdraw funds without an IRS penalty. There may be a credit union penalty if the withdrawal breaks the term of the certificate.

Unlike many employer-sponsored retirement plans in which access to assets might be limited until the participant has a change of employment or reaches retirement age, access to IRA assets is guaranteed, always. Most Traditional IRA distributions taken before the IRA owner reaches age 59 ½ are subject to a 10 percent early distribution penalty tax. This is to discourage people from taking Traditional IRA distributions at an early age rather than keeping the assets for retirement. The 10 percent early distribution penalty tax does not apply in the following situations:

  • Age 59½
  • Death
  • Disability
  • Certain medical expenses
  • Health insurance premiums following unemployment
  • First home buyer expenses
  • Higher education expenses
  • IRS levy
  • Series of substantially equal periodic payments
  • Qualified reservists distributions

IRS Publication 590, Individual Retirement Arrangements (IRAs), provides more detail on these penalty tax exceptions.

Traditional IRA funds become reportable income after distribution; please consult your tax professional.