High Yield Share Certificates

Invest your money the secure way with a share certificate

You’ve worked hard for your money. Your money should work just as hard for you. Our high yield share certificates offer competitive rates which help you earn the safe way.

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Limited time offer:

9 month term up to 5.23% APY**

15 month term up to 5.55% APY**

Earn even more with our limited time special. Open a high yield share certificate online or at your local branch today.

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Why choose a share certificate

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Earn more for your money

Earn higher rates than traditional savings accounts and even some money markets

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Security you can trust

Share certificates are insured by NCUA up to $250,000, additional amounts insured by MSIC

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Lock in your earnings

Rates are locked in at opening for the term of the certificate

Enjoy our award-winning service

2022 Winner: Best of Central Mass

Webster First Rated 5 Stars by Bauer June 2023

Rated 5 Stars by Bauer

2021 Winner: Best of Central Mass

Current share certificate rates

Type Rate APY1 Min Balance
3 Month .75% .76% $1,000
6 Month .85% .85% $1,000
9 Month Special² 5.10% 5.23% $1,000
12 Month 4.90% 5.02% $500
15 Month Special² 5.40% 5.55% $1,000
24 Month 1.50% 1.51% $500
36 Month 1.50% 1.51% $500
48 Month 1.50% 1.51% $500
60 Month 1.50% 1.51% $500
1:APY = Annual Percentage Yield. Compounds daily. Penalty may be imposed for early withdrawal.
2:Minimum balance to obtain these rates is $1,000 and cannot be transferred from an existing Webster First Federal Credit Union account. Limited time offer.
All rates subject to change without prior notice. Fees may reduce earnings.


How does a share certificate work?

When you open a share certificate, your money is held securely for the duration of the term. You’ll earn dividends, which are compounded daily and posted monthly. Dividends can be transferred to another share account or mailed to you without penalty. Certificates are like savings accounts that earn higher rates because you agree to keep your money in the account for the selected term.

What is the difference between a share certificate and a certificate of deposit (CD)?

A share certificate is a similar product to a CD. The major difference is that they pay out dividends whereas CDs pay out interest. See our article Share Certificate vs. Certificate of Deposit (CD): What’s the difference? to learn more.

Can I withdraw before my term is up?

Share certificates help you earn such a high rate since the funds are “locked in” for the term. Early withdrawals may be made if needed, but a penalty will apply. Penalties are as follows:

  • Certificates with terms of 1 year or less: 1 month’s dividends
  • Certificates with terms of more than 1 year: 3 months’ dividends
What are the requirements to open?
  • Must live, work, worship, or attend school in Essex, Middlesex, Suffolk, or Worcester County or be a current Webster First member
  • Enrollment in Webster First Federal Credit Union membership required to complete certificate ownership

**APY = Annual Percentage Yield. APY is accurate as of November 15, 2023. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Minimum balance to obtain these rates is $1,000 and cannot be transferred from an existing Webster First Federal Credit Union account. Term of the advertised rates are 9 months and 15 months. Rates subject to change. Limited time offer.