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Chris Peach from Money Peach discusses credit union share certificates as a high-reward, low-risk way to save money. He explains that a share certificate is a type of savings account offering a fixed dividend or interest rate in exchange for a commitment to keep money saved for a specific term, typically ranging from three months to five years. This commitment results in higher dividend rates compared to traditional savings accounts. Peach also notes that share certificates are very similar to certificates of deposit (CDs), with the main difference being the institution offering them.