SuperMoney
  Star One Credit Union Certificate Account

Star One Credit Union Certificate Account

in CD Accounts from Star One Credit Union · ncua

Unaffiliated

Star One Credit Union Certificate Account

Unaffiliated

in CD Accounts from Star One Credit Union · Insured by NCUA

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Star One Credit Union Certificate Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Minimum Opening Deposit Starting at $2,500
Certificate Term
  • 6 months
  • 12 months
  • 2 years
APY (Annual Percentage Yield) 0.50% - 0.60%

Star One Credit Union Certificate Account Review

Star One Credit Union Certificate Account is offered by Star One Credit Union, a credit union founded in 1956 and based in Sunnyvale, CA. Star One Credit Union Certificate Account is available in 1 state across the USA.

Key Takeaways
  • Only one CD account type available. Star One Credit Union CD only offers traditional CD accounts.
  • Very high APY. This account offers an annual percentage yield of up to 0.60%, which is much higher than the national average for a certificate account.
  • High minimum deposit. You must deposit a minimum of $2,500, which is high compared to most certificate accounts.
  • Limited selection of CD terms. Star One Credit Union CD only offers three CD terms. This limits your options when trying to set up a certificate ladder.
Pros & Cons of Star One Credit Union Certificate Account
Pros Cons
  • Insured by NCUA.
  • High-dividend yield
  • No charge on incoming domestic or international wire transfers.
  • Only available in one state.
  • There isn't a no-penalty certificate option.
  • Does not offer an IRA CD.
Star One Credit Union Certificate Account FAQ

Are cd accounts from Star One Credit Union federally insured?

Yes, your Star One Credit Union cd accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does Star One Credit Union offer?

Star One Credit Union CD provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.

What CD rates does Star One Credit Union offer on its CDs?

Star One Credit Union CD offers an APY starting at 0.50% and ranging up to 0.60%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding.

What terms does Star One Credit Union CD offer?

Star One Credit Union offers CD terms of the following lengths:
Star One Credit Union Certificate Account Rates & Terms
Description
2-Year APY 0.60%
6-Month APY 0.50%
12-Month APY 0.55%
APY (Annual Percentage Yield) 0.50% - 0.60%

What is the minimum deposit to open a CD account with Star One Credit Union?

Star One Credit Union CD requires a minimum deposit of $2,500 to open an account.

What is the grace period for Star One Credit Union CD?

There is a 10-day grace period for Star One Credit Union CD. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the 10-day grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does Star One Credit Union CD charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

Star One Credit Union does not charge an early withdrawal fee.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Star One Credit Union Certificate Account

Star One Certificate Accounts offer a high yield for your savings, similar to a bank "CD Account" (certificate of deposit). A Certificate Account (or "Share Certificate Account") is similar to a Certificate of Deposit (CD), but it is issued by a credit union, rather than a bank. Watch your savings grow!

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 10:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 9:00am - 6:00pm

Other Services by Star One Credit Union

Availability

  Available in 1 state
California
Availabile in all of California

Feature Breakdown

Minimum Opening Deposit Starting at $2,500
2-Year APY 0.60%
6-Month APY 0.50%
12-Month APY 0.55%
APY (Annual Percentage Yield) 0.50% - 0.60%
CD Accounts Traditional
Grace Period for Account Changes 10 days
Certificate Term
  • 6 months
  • 12 months
  • 2 years

Be the first to rate

 

Would you recommend Star One Credit Union Certificate Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other CD Accounts