A certificate  is a short- or medium-term, dividend-bearing, NCUA-insured debt instrument offered by credit unions.  A certificate typically offers a higher rate of interest than a regular savings or checking account.  Certificates can't lose their value and are insured up to $250,000. Investors searching for low-risk investments that can easily be converted into cash should consider a certificate.

NCUA:  National Credit Union Administation.

For more information about Certificates offered by Progressions, please select the Certificates link below.