TERM CERTIFICATES

Fill out this membership application to join SF Fire and open a Term Certificate with funds from your other financial institution. 

By phone:

Call  (415) 674-4800, option 6, between 7 AM and 8 PM, Monday - Saturday.

Stop by a branch

Open a term certificate in person when you visit one of our branches.

Online: 

Log in to Online & Mobile Banking and Open An Account, then select Savings/Certificates. If you have multiple membership IDs, choose the ID you want to open the certificate with.

Click Open a new Term Certificate, and select the term.

Choose the source account and the amount to deposit.

Please note, you can only fund directly from your SF Fire Credit Union checking or savings account. To use funds from another bank or credit union: 

To add and/or use an external transfer account, see the instructions below.

Or, wire funds from your external account to your SF Fire checking or savings account.

How to add an external account

1. Log into you SF Fire Mobile Banking App
2. Go to Transfers and select Add Account (for Desktop click here)
3. ⁠You can add your account instantly by signing in with your online credentials for your external account

Once your external account has been added you will be able to use it as a transfer source or destination.

• Transfers made before 3 PM on a business day will typically post by the end of the day, but may not be fully available for 2-3 business days.
• Once funds are deposited and available, use Accounts > Open an Account to open and fund a Term Certificate.
• You have a daily limit of $10,000 and a monthly limit of $50,000 for both incoming and outgoing external transfers.

You need a min­i­mum of $250 to open a reg­u­lar Term Cer­tifi­cate, and a min­i­mum of $100 to open a Tra­di­tion­al or Roth IRA Term Certificate.

Div­i­dends are cal­cu­lat­ed by the dai­ly bal­ance method which applies a daily
peri­od­ic rate to the bal­ance in the account each day.

Yes. Div­i­dends are com­pound­ed dai­ly and cred­it­ed month­ly and at maturity.
You may with­draw div­i­dends earned on a month­ly basis.

When a cer­tifi­cate matures, or reach­es the end of the term (3 months, 6 months, 1 year, etc), you have a 10 busi­ness day grace peri­od in which you can add funds, with­draw some or all of the funds, or change the term with­out penalty.

The Cred­it Union does not per­mit par­tial with­drawals from the prin­ci­pal bal­ance of your Term Cer­tifi­cate pri­or to matu­ri­ty. If you wish to com­plete a with­draw­al from your Term Cer­tifi­cate before matu­ri­ty, the entire prin­ci­pal bal­ance must be redeemed, and the Cred­it Union may impose an Ear­ly With­draw­al Penalty.

Ear­ly With­draw­al Penal­ties are applied as follows:

Term of less than 1 year – 45 days of inter­est earned on the prin­ci­pal balance

Term of 1 year or greater – 180 days of inter­est earned on the prin­ci­pal balance

Our 18-Month Term Cer­tifi­cate is a Bump Up Cer­tifi­cate. If the offered rates for new cer­tifi­cates of that type go up dur­ing the 18 months before your cer­tifi­cate matures, you can request to increase your cur­rent inter­est rate to match the new rate for the remain­der of the term, with a lim­it of one such increase per term. Send us a Secured Mes­sage through Online & Mobile Bank­ing, or give us a call, con­tact us by chat, or stop by the branch to sub­mit your request.