At Sb1, we call our savings accounts "Shares" because the deposit you make to maintain a relationship with Sb1 represents an individual share of the Credit Union. Each of our members owns an individual share of the Credit Union.

This might seem like a small detail, but this philosophy leads to larger payouts because unlike a bank that has a first priority of paying external stockholders a profit - Sb1's priorities of paying shareholders and members is aligned since they're the same group. Therefore we convert any profits we do create into keeping your savings rates as high as possible along with keeping loan rates competitive and charging you fewer fees.

At Sb1 FCU, we have a full variety of options to cover all your savings needs with the best possible rates.


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If you're looking for a great rate with less risk Share Certificates are a great option for you to consider.

A full range of terms is available to meet your investment plans. All Share Certificates are compounded monthly and are insured for protection.

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Share Certificates / Individual Retirement Account (IRA)

Rates effective starting: 5/24/2016
Share Certificates Minimum Balance $500 Dividend Rate Annual Percentage Yield1
3-month Share Certificate/IRA 0.20% 0.20%
6-month Share Certificate/IRA 0.30% 0.30%
12-month Share Certificate/IRA 0.50% 0.50%
18-month Flex CD3 1.04% 1.05%
24-month Share Certificate/IRA 1.09% 1.10%
30-month Flex CD3 1.34% 1.35%
36-month Share Certificate/IRA 1.34% 1.35%
48-month Share Certificate/IRA 1.49% 1.50%
48-month JUMP Share Certificate/IRA2 1.49% 1.50%
60-month Share Certificate/IRA 1.98% 2.00%
18-month IRA Growth CD4 1.04% 1.05%
30-month IRA Growth CD4 1.34% 1.35%
1Rates are subject to change at any time without notice.
248-month JUMP Regular Share Certificate/IRA allows the member to increase the rate one time during the term of the Certificate/IRA if the Certificate/IRA rate of the same or lesser term is higher. The increase must come at the request of the member. There may be a penalty for early withdrawal.

Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day. Dividends are be compounded monthly and are credited monthly. All Certificate dividend rates are fixed for the term of the Certificate. The Annual Percentage Yield is based on the assumption that dividends will remain on deposit until maturity. Premature withdrawal will reduce earnings. There may be a penalty for early withdrawal. Any fee imposed may reduce the earnings on your account.

The dividend rates and Annual Percentage Yields may change at any time at the discretion of the Sb1 Federal Credit Union Board of Directors. The Credit Union reserves the right to require members to give, in writing, not more than 60 days notice of intention to withdraw the whole or any part of the amounts so paid in by them except for those amounts paid into Share Draft/Checking Accounts.
3APY = Annual Percentage Yield. The average financial institution APY on an 18-month CD is 0.46% and 0.79% for a 30-month CD, as reported by, as of 2/8/16. Both the 18- and 30-month Flex CD offerings are for new money only. New money is defined as funds on deposit at Sb1 for 30 days or less or funds transferred from another financial institution. Up to 50% of the Flex CD balance may be withdrawn one time over the term of the share certificate with no penalty. Minimum deposit of $500 is required, and the maximum deposit is $1,000,000. Membership eligibility and requirements apply. Rates are effective as of 2/8/16 and may be subject to change at any time.
4IRA Growth CD is for new money only. Deposits can be added up to your IRA annual limit for IRA contributions on the IRA Growth CD.