Save Smarter, Save More with Royal Credit Union
with new tools like a nine-month certificate, making the most of your money has never been easier
Royal Credit Union has been serving the Chippewa Valley for almost 60 years since it was founded right here in Eau Claire by employees of the former Uniroyal Tire company. The local credit union has since grown to over 290,000 members, and it continues to take pride in providing members with best-of-the-best service.
When it comes to saving – something just about everyone can agree has been harder to do over the past few years – Royal Credit Union has your back. While Royal is practically a one-stop shop for any financial goal, from opening a new account to getting a loan or general financial advice, the organization also recently launched a new product: a nine-month, 5.20% annual percentage yield certificate.
Josh Berg, Branch Manager of the Eau Claire Downtown Office, said that this deposit rate is one of the highest he’s seen in his six-year career at Royal Credit Union. But what is a certificate and how does one get started?
“A certificate is a product that allows your money to be locked in for a set term, earning interest at a set rate,” Berg explained. “With certificates, you really get rewarded for locking in money that might otherwise be in an account that isn’t earning you much interest. There’s also no minimum balance to open a Royal certificate!”
Don't wait to invest. Invest early, invest often.
Royal Credit Union offers a variety of certificates with terms as short as 3 months or as long as 72 months, so there are options out there for just about everyone. While most of the terms are offered as part of Royal’s normal certificate lineup, offering unique in-between terms like the 9-month certificate helps Royal provide very attractive interest rates to help more people save.
The importance of savings is not lost on some people, but the top tip Berg has for those who aren’t sure is to start saving and investing early.
“Certificates often take just 10 or 15 minutes to set up for our members, and they’re some of the smartest ways for folks to make more with the money they already have,” he explained. “Don’t wait to invest. Invest early, invest often. People sometimes think, ‘I’ll just do it tomorrow or next week or next year’ but life gets busy, and right now is the perfect time to start utilizing certificates.”
It’s as simple as visiting Royal’s website to open your certificate online or walking into a Royal office in your area to meet with a team member. If you plan to visit an office, Berg suggests making an appointment through the website or by calling to set one up.
It may come as no surprise to Royal Credit Union members to see unique products and accommodating services come from the organization, especially when they’re used to seeing how its staff embodies its core values: Make a difference; Make it easy; Do the right thing; Be caring; Take ownership; Be friendly, nice and respectful.
“I believe our exceptional, personalized service is what makes Royal Credit Union stand out,” Berg shared. “We really live by the Royal core values, they’re not just something we put in a break room. Those values are something we’re hired for and trained in so we can truly offer members the best of the best so they know that they can trust us.”
Set up an interest-earning personal, business, or IRA certificate with Royal Credit Union today at a location near you and start making the most of your savings.
Visit rcu.org to learn more about Royal Credit Union and set up an appointment.
Insured by NCUA. 5.20% annual percent- age yield 9-month certificate rate current as of 7/27/2023; rate subject to change at any time with- out notice. No minimum balance to open or earn interest on a certificate. Substantial penalty for early withdrawal. Charges could reduce earn- ings on the account. Membership required and account opening upon qualification. Conditions or restrictions may apply; contact Royal for account disclosures. Loans subject to credit approval.
Royal Credit Union
26 office locations in Wisconsin and Minnesota
(800) 341-9911
