Bump & Boost Certificates

Lock in a great rate today. Bump it later if rates increase.

Worried about locking into a long-term savings rate, then losing out if interest rates go up? With a 3- or 5-year Bump and Boost Certificate, there's no need to worry. If rates increase, you can get a one-time bump to the current certificate rate anytime during your term. Plus, you can boost your savings even more by making an additional deposit when you bump your rate.

Features and Benefits

  • More flexible than typical CDs.
  • Low minimum balance of $500, with the option to add funds once during the term.
  • Great way to grow long-term savings.
  • Protection against rising rates.
  • Initial rates as high as 3.05% APY (5 year) or 2.60% (3 year) (See rates.)

How to get started

Stop by one of our branches. You can open a new certificate at any of our locations. We’ll be happy to help.

Use online banking. If you're already signed up for SELCO Online Banking, you can open your certificate with just a few clicks:

  1. Log in to online banking.
  2. Select Apply/Open at the top of the page.
  3. Click Open New Share.
  4. Check New Certificate Account and hit Submit.
  5. Choose your preferred term from the drop-down menu and follow the remaining steps to begin.

Prefer to just set it and forget it?

Check out our standard certificates page for more info and to preview select rates.

*Annual percentage yields (APYs) on certificates shown are current as of March 14, 2019, and are subject to change. $500 minimum balance required. A one-time rate bump of up to the current certificate rate may be requested at any time during the initial term. Additional funds may be deposited at time of rate increase. Early withdrawal penalties apply. Consumer certificates will renew as a standard 6-month certificate. Business certificates may require updated beneficial ownership information before renewal.