Since your money is insured, the only risk you are assuming is the potential of foregoing a higher rate of return if interest rates increase. When money is placed into a fixed rate certificate, it's locked in a particular rate of return until maturity.
For example, suppose you purchase a three-year certificate paying 3 percent interest, but suppose the interest rate crept up to 4 percent after you purchased the share certificate. Your share certificate would be paying less than the newly issued certificates now paying 4 percent. However, on the other side of the coin, if rates went down to 2%, your investment would continue to pay 3%.
For more information on our certificates select the Certificates link below.