The first $100 matters. Designed for first-time savers, the innovative Flexible Saver Share Certificate combines a highly competitive rate with the flexibility to grow over time.
WASHINGTON, Oct. 26, 2026 /PRNewswire/ — Congressional Federal Credit Union today announced it is increasing the rate on its 1-year Flexible Saver Share Certificate to 6.00% Annual Percentage Yield (APY), effective August 3, 2026, reinforcing the credit union’s commitment to helping more people take the first step toward building lasting financial confidence regardless of where they are starting.
Unlike traditional certificates that often require large opening deposits and lock savers into a fixed balance, Congressional’s Flexible Saver Share Certificate was intentionally designed to lower the barriers to saving. Consumers can open the savings certificate with as little as $100 and continue adding funds throughout the 12-month term, up to a maximum balance of $1,000.
“For many people, the hardest part of saving isn’t earning interest—it’s simply getting started,” said Brian Holloway, Chief Brand & Transformation Officer at Congressional Federal Credit Union. “We wanted to design a product that rewards the decision to begin, not just the people who already have thousands of dollars to invest. Financial confidence starts with a first step.”
The new 6.00% APY* Flexible Saver Share Certificate rewards people for taking that first step while continuing to encourage consistent saving habits throughout the year.
The product reflects Congressional’s broader commitment to A New Standard of Belonging™ by creating financial solutions that meet people where they are and help them move confidently toward where they want to be.
“Our goal isn’t simply to offer a great rate,” Holloway added. “It’s to create products that remove obstacles and help people build momentum toward their financial goals by removing barriers to getting started. We believe financial products should encourage progress—not require perfection.”
Whether someone is building an emergency fund, preparing for college, saving for that first apartment, or simply creating a stronger financial foundation, the Flexible Saver Share Certificate is designed to make that first step easier.
Flexible Saver Share Certificate Highlights:
- 6.00% APY, effective August 3, 2026
- One-year term
- $100 minimum opening deposit
- Continue making deposits throughout the certificate term
- Maximum balance: $1,000
- One Flexible Saver Share Certificate per credit union member
- Available nationwide through digital account opening
- Standard early withdrawal penalties apply
- Available on IRAs
All deposits are federally insured by the National Credit Union Administration (NCUA) up to applicable limits.
For more information or to open a Flexible Saver Share Certificate, visit congressionalfcu.org/certificates.
About Congressional Federal Credit Union
Founded in 1953 by eight congressional employees with $40 in deposits, Congressional Federal Credit Union has grown into a full-service financial institution serving more than 52,000 members nationwide, with more than $1.3 billion in assets. Membership is available to individuals through a variety of pathways, including employer and association relationships, family eligibility, and other qualifying connections. Guided by its promise of A New Standard of Belonging™, Congressional is reimagining what modern banking can be by delivering products, experiences, and personalized service designed around the people it serves. Every solution is thoughtfully created to help credit union members build financial confidence, achieve their goals, and move forward with greater peace of mind.
*6.00% Annual Percentage Yield (APY) on the 1-year Flexible Saver Share Certificate is accurate as of August 3, 2026, and subject to change. A minimum balance of $100 is required to open the certificate and earn the stated APY. Maximum balance is $1,000. Limited to one Flexible Saver Share Certificate per membership. Fees, including the penalty imposed for early withdrawal, may reduce earnings. IRA certificates are eligible for the promotional rate. Congressional Federal Credit Union membership required.
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SOURCE CONGRESSIONAL FEDERAL CREDIT UNION
