FAQs

To open a Certificate or CD, you must be a current member of Stanford Federal Credit Union. If you are a member, click here to open a new account.

If you are a current member and have not registered for Digital Banking, you can enroll here. 

If you are not yet a member and would like to open a Certificate, please first open a checking (spending) or savings account to become a member.

Once your Certificate matures you have a seven (7) calendar day grace period following maturity to renew or make changes. Your Certificate will automatically renew for the same term, or you can choose a different term or close the Certificate directly in Digital Banking. You can close or renew a 7-Month No Penalty Certificate any time after the first 7 days from opening.

If you don’t make any changes through the portal or by contacting us, your Certificate will automatically renew for the same term on the last day of the maturity grace period with the rate that is in effect on that day. You can view current rates at sfcu.org/why-stanford-fcu/market-leading-rates/deposit-rates.

To close or renew a Certificate click here.

Deposits are federally insured to at least $250,000 (Individual Retirement Accounts up to an additional $250,000) through the National Credit Union Administration (NCUA), a U.S. government agency similar to the FDIC.

The NCUA calculator can explain more and help to determine your coverage amount.

Learn More! View our deposit account options and rates.

Visit our Wealth Management website to learn more about investments and choose a Financial Advisor!

Individual Retirement Accounts (IRAs) are an important part of planning for your future financial well-being. These specialty savings accounts offer tax advantages, and there are two primary categories of IRAs: Traditional and Roth.

1. Traditional IRAs allow tax-deductible contributions - taxes are not paid on your deposits until you begin making withdrawals, so the investments grow tax-deferred.
2. Contributions to Roth IRAs are not tax-deductible, so they are tax-free when you start making withdrawals because you’ve already paid the taxes.

You should discuss your specific situation with a tax expert to ensure that you choose the right plan for your needs.

Choose an IRA that’s right for you!

Your retirement is secure with Stanford FCU! Choose a Traditional or Roth IRA as a savings account or a Certificate.

Our Member Advisors can help you choose the account that’s right for you. Schedule an appointment at a local branch to discuss your options and open your account, or call 888.723.7328 to speak with a Member Care Team Specialist.

Learn more or open an IRA at our Retirement Central resource center.

 Looking for more options? Visit our Wealth Management website to learn more about retirement planning and schedule a free consultation with a Financial Advisor.

Yes! A Health Savings Account (HSA) with Stanford FCU helps you cover expenses not covered by your health insurance. HSAs combine the protection of your high-deductible health insurance plan with a tax-deductible savings account. Our HSA accounts feature no monthly service fees, no minimum balance requirements, free checks, and free online and debit card access− all at great rates!

Set up an appointment with a member of our team for more information, or open your HSA online today.

Not a member yet? Joining is easy! You can open an account with Stanford FCU with as little as $5.00. Open your account online today!

Yes, our Money Market Account (MMA) lets you enjoy the same high rate whether you’re a small saver or a big depositor. This is one of the many ways your credit union gives back to members. Other financial institutions pay higher dividends for higher balances, but we want every saver to earn more. Learn more.

We also have MMAs for businesses! Check out our business accounts here.

Your retirement is secure with Stanford FCU! You can choose a Traditional or Roth IRA as a savings account or a Certificate.

Deposits are federally insured to at least $250,000 (Individual Retirement Accounts up to an additional $250,000) through the National Credit Union Administration.

Our Member Advisors can help you choose the account that’s right for you. Schedule an appointment at a local branch to discuss your options and open your account, or call 888.723.7328 to speak with the Member Care Team.

Learn more or open an IRA at our Retirement Central resource center.

Looking for more options? Visit our Wealth Management section to learn more about retirement planning and schedule a free consultation with a Financial Advisor.

The penalty for Certificates with terms less than one year is equal to ninety (90) days of dividends on the amount withdrawn, whether earned or not.

The penalty for a Certificate with a term of one year or more is equal to one hundred eighty (180) days of dividends on the amount withdrawn, whether earned or not.

A 7-Month No Penalty Certificate may be closed after seven (7) calendar days from opening with no penalty.

The penalty may be deducted from either dividends or principal.

Certificates are non-negotiable and non-transferable. You’ll receive advance notice of the maturing Certificate 30 days before the maturity date. The Certificate will automatically renew on the maturity date for the same term unless you notify us that you wish to make a change or if your Certificate had a special promotional term. The Interest Rate and Annual Percentage Yield on the renewed Certificate will be the rate that is in effect for that term. A grace period for withdrawal or transfer is available for seven (7) days after the maturity date. Thereafter, withdrawals of the principal balance on the renewed Certificate will again be subject to an early withdrawal penalty until the new maturity date.

Deposits are federally insured to at least $250,000 (Individual Retirement Accounts up to an additional $250,000) through the National Credit Union Administration.