New short-term certificate specials as high as 4.35% APY**

Certificate offer

• * 3-Month, Add-On, New Money Only Promotion

  APY = Annual Percentage Yield and is accurate as of 6/1/2025. Member Merits do not apply. The 3-month add-on promotional certificate is for new money only. New money is defined as funds that have not been on deposit with Oregon State Credit Union at any time during the certificate promotion period, unless deposited in the 30 days prior to certificate opening. New money must originate from another financial institution or source and cannot be transferred from an existing Oregon State Credit Union account. Other terms and conditions may apply.

• ** 8-Month, One-Time Bump, New Money Only Promotion

  APY = Annual Percentage Yield and is accurate as of 6/1/2025. Member merits do not apply. Certificate owner may increase the interest rate once during the term to match the current interest rate offered by Oregon State Credit Union on the standard 12-month certificate. In order to initiate the rate bump, contact us at 541-714-4100 or by coming into a branch. The bump can only be exercised once during the term of the certificate and does not increase the term of the certificate. The new interest rate will be applied the business day after the credit union receives the notice. The new interest rate will not be applied retroactively. The 8-month bump promotional certificate is for new money only. New money is defined as funds that have not been on deposit with Oregon State Credit Union at any time during the certificate promotion period, unless deposited in the 30 days prior to certificate opening. New money must originate from another financial institution or source and cannot be transferred from an existing Oregon State Credit Union account. Other terms and conditions may apply.

Each account holder agrees to the terms set forth on the Certificate Account Rates above and the Certificate Account Disclosure below and acknowledges they and the Truth in Savings Disclosure are part of the Membership and Account Agreement.

1. Rate Information: The dividend rates and annual percentage yields are based upon the balance ranges as set forth in the certificate account rates chart. The annual percentage yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The dividend rate and annual percentage yield are fixed and will be in effect for the term of the account, except for bump certificates which offer a one-time rate increase during the term to match the current interest rate offered by Oregon State Credit Union on certificates of the same term and required deposit.

2. Compounding and Crediting: Dividends will be compounded daily and credited monthly. The dividend period begins on the first calendar day of the month and ends on the last calendar day of the month.

3. Balance Information: The minimum balance required to open and maintain each account is $500. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day.

4. Accrual of Dividends: Dividends begin to accrue on cash and non-cash (e.g., check) deposits on the business day you make the deposit into your account.

5. Transaction Limitations: After your account is opened, you may not make additional deposits to your certificate account, unless the account is an add-on certificate. You may make additional deposits to your add-on certificate’s principal balance after the account is open, until maturity. If your add-on certificate rate is for new money only, any additional deposits must also be new money. You may make dividend withdrawals from all certificate accounts. A withdrawal of dividends will reduce earnings.

6. Maturity: Your account will mature within the term set forth at the time of opening your Certificate. For IRA Certificates, the minimum term is twelve (12) months, except for 3-month add-on and 8-month bump promotional certificates.

7. Early Withdrawal Penalty: We may impose a penalty if you withdraw any of the principal before the maturity date.

   • How the penalty works: If certificate funds other than dividends are withdrawn prior to maturity, a penalty is imposed. The penalty assessed may reduce the remaining balance after the withdrawal. If the amount withdrawn reduces the balance below the minimum balance required, the certificate will be canceled, and the penalty will be taken from the entire principal balance.

   • Amount of penalty: The amount of the early withdrawal penalty is based on the term of your account. Term of 365 days or more = $25, plus 3% of the amount withdrawn. Term of 364 days or less = $25, plus 1% of the amount withdrawn. Earned dividends will not be subject to a penalty.

   • Exceptions to Early Withdrawal Penalties: We may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:

     • i. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

     • ii. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment; or where the account is an IRA and the owner attains age 59 1/2 or becomes disabled.

8. Renewal Policy: Your certificate account will automatically renew for another term upon maturity, at an interest rate offered for that certificate at the time of renewal. There is no grace period. Any changes to the certificate account after the maturity date will result in withdrawal penalties. You may not make additional deposits to a certificate account after it automatically renews to a non-promotional rate term at maturity.

   • The 3-month add-on promotional certificate will automatically renew at maturity to a promotional 3-month certificate at the same interest rate as long as the promotion continues. Once the promotion is discontinued, the 3-month add-on promotional certificate will automatically renew at maturity to a non-promotional 6-month certificate at an interest rate offered for that non-promotional certificate at that time.

   • The 8-month bump promotional certificates will automatically renew to a non-promotional 9-month certificate at an interest rate offered for that non-promotional 9-month certificate at an interest rate offered for that non-promotional certificate at the time of renewal.

   • The 13-month and 15-month promotional certificate, including the 15-month promotional add-on certificate, will automatically renew to a non-promotional 12-month certificate at an interest rate offered for that non-promotional certificate at the time of renewal.

9. Nontransferable/Nonnegotiable: Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the credit union. The par value of a regular share in the credit union is $5.

10. Flexible terms: Flexible terms range from 182 days - 5 years. Flexible terms do not apply to promotional certificate offer.

11. Earned interest: Earned interest may be withdrawn without penalty before the certificate matures.

12. Federally insured: Accounts are federally insured up to $250,000.