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Overview
Participation is easy:
- Open a 12-month Save to Win Share Certificate with at least $25. This is your first entry into that month’s drawing.
- Make deposits into your share certificate each month. Every $25 deposit earns you an entry into the drawings, up to 100 prize entries per month.
- Open a Save to Win at each participating Save to Win CU!
Our free prize-linked savings program rewards members for contributing to their own savings account.
Astera Credit Union Sponsored prizes are:
- One (1) winning entry will be randomly selected to receive a $50.00 cash prize each month
- One (1) winning entry will be randomly selected to receive a $100.00 cash prize each quarter
Save to Win State prizes are:
- 175 winning entries will be randomly selected to receive a $25.00 cash prize each month
- Two (2) winning entries will be randomly selected to receive a $5,000.00 cash prize each quarter
- Ten (10) winning entries will be randomly selected to receive a $1,000.00 cash prize each quarter
- 17 winning entries will be randomly selected to receive a $500.00 cash prize each quarter
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Certificates 101
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Kasasa Saver
Earn high rate, while rewards earned on your Kasasa Cash or Kasasa Cash Back checking transfer directly into Kasasa Saver each month.
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Save to Win Survey
If you'd like to complete our new member survey, please click here.
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Rates
Rates
Certificates of Deposit
Name Minimum Balance Dividend/ Interest Rate APY 6 Month $500 3.93% 4.00% One Year $500 3.93% 4.00% 18 Month $500 3.41% 3.46% Two Year $500 3.41% 3.46% Three Year $500 3.21% 3.26% Four Year $500 3.21% 3.26% Five Year $500 3.21% 3.26% Five Year Jumbo $50,000 3.45% 3.51% Save to Win $25 4.00% 4.07% -
FAQs
Frequently Asked Questions
Direct Deposit is a free, convenient and reliable service where members may have their regularly recurring checks deposited automatically to the credit union by EFT (electronic funds transfer).
Our Routing Number/ABA is 272481952.
Under the requirements of the Patriot Act, all banks must do an identity check on a new customer. They use "customer identification programs" (CIP) that compare your name, address, date of birth, and other facts to the information contained on your credit report. Your credit score would not be damaged by that step.
The CIP regulations require institutions to implement reasonable procedures for:
- Verifying the identity of any person seeking to open an account, to the extent reasonable and practicable
- Maintaining records of the information used to verify the person’s identity, including name, address, and other identifying information.
Banks also review ChexSystems and sometimes credit report data during the process of determining if a customer qualifies to open a new account. Under FCRA regulations, the bank has to have a permissible purpose such as "intend[ing] to use the information in connection with a credit transaction involving the consumer" in order to pull a credit report and must obtain the consumer’s consent first. A hard inquiry like this could cause a small credit score ding.
Kasasa Saver is our savings account that pairs with our Kasasa Checking accounts. This savings account comes with high dividends earnings.
For a full list of rules, please click here.
Truth-In-Savings Disclosure
Effective date: September 23, 2024
Save to Win Share Certificate or Certificate of Deposit: Each Save to Win® Certificate requires an initial deposit of $25.00 and account holders may make additional deposits into that certificate throughout its term. The initial deposit and all subsequent deposits mature 12 months after the date that the initial deposit is made. Each account holder is limited to one Save to Win® Certificate.
Interest/Dividend Rate: The interest/dividend rate is 4.17% with an Annual Percentage Yield (APY) of 4.25%
Rate Information: The APY is a percentage rate that reflects the total amount of interest/dividends to be paid on an account based on the rate and frequency of compounding for an annual period. For all accounts, the interest/dividend rate and APY are fixed and will be in effect for the initial term of the accounts. For accounts subject to interest/dividends, compounding the APY is based on an assumption that interest will remain on deposit until maturity. Interest/Dividends will not be paid if the account is closed at any time prior to maturity. Withdrawals will reduce earnings.
Compounding and Crediting: Interest/Dividends on the 12-Month Save to Win® Certificate will be compounded and credited monthly.
Minimum Balance Requirements: The minimum balance requirement for the certificate is $25.00 and account holders must maintain a regular share account with a minimum balance of $5.00.
Balance Computation Method: [Interest/Dividends] is/are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.
Accrual of Interest: Interest/Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account.
Early Withdrawal & Penalty: During the term of the Save to Win® Certificate, account holders will be allowed to make one withdrawal from the account, with a $25.00 penalty to be assessed at the time of withdrawal. If the early withdrawal reduces the principal below the minimum balance or a second withdrawal is performed in the 12-month term, the certificate will be closed. The credit union will deduct from the principal amount to cover the penalty.
Exceptions to Early Withdrawal Penalties: At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
Transaction Limitations: Additional deposits are allowed during the term of this certificate. For every $25.00 increase in month over month balance, the certificate owner will earn one entry (up to 100 entries per month/300 entries per quarter) into the savings raffle. The Savings Promotion Raffle begins on January 1, 2024 and ends December 31, 2024, however certificates will mature 12 months after account opening. The Official Rules can be found online at www.savetowin.org and are provided upon opening the certificate.
Renewal Policy: This account type will automatically renew at maturity if the balance in the Save to Win is greater than $25.00. The certificate will renew as a 12-month Save to Win® Certificate, with the (APY) being what is stated as our current 12-month Save to Win Certificate ® rate. If the balance in the certificate is less than $25.00 the account holders choose not to renew the certificate, or this share certificate type is no longer available the funds will be transferred to the account holder’s regular savings account at the credit union. You will receive a notice from the credit union 30 days prior to your certificate’s maturity. You will have a ten (10) day grace period after maturity to withdraw funds without being charged an early withdrawal penalty.
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