A certificate is an account that allows you to store your money for a set number of months and earn dividends on that cash. Generally, the longer you keep the money in your account (i.e. the longer the term), the higher rate you can earn. You will usually not be able to access the money in this account before the end of the term. At maturity, your certificate will automatically renew for the same term length you chose originally.

A certificate has matured when it reaches the end of its term. At maturity, you can remove your funds from the account and access all the dividends you earned. Just make sure you notify us before maturity, so your money doesn’t automatically renew.

The rate for a regular certificate will remain the same through the entire term. If rates go up or down during that time, your account will not be affected. If you select a priority certificate you will gain several advantages. First, you can use a one-time rate bump¹ when rates increase in the middle of your term. Second, you have the option to add funds one-time during the first year of the term². Finally, you can even withdraw money one time of up to 50% of the balance before the term has ended.

If you put at least the minimum deposit into the account and do not touch your funds for the length of the term, you won’t have to worry about penalties or fees. A penalty is imposed if funds are withdrawn before the maturity date. See full details in Ent’s Certificate Disclosure under Important Account Information.