Certificate of Deposit (CD) Accounts
A Certificate of Deposit (CD) is a fixed-rate, fixed-term investment product. A higher rate of interest is guaranteed over the rate paid on a liquid account. In return, the Member commits to keeping the funds on deposit for a specific length of time. Penalties apply when funds are withdrawn before the account’s maturity date.
Your money is secure and you know the interest rate you will earn.
Penalties will apply if you withdraw your money before the end of the term.
Earn more interest than you would with a traditional savings account.
Add On Benefit
You can add on to the CD at any time. Minimum $250 per add on.
Certificate Of Deposit
If you're looking for a secure way to grow your money, a CD could be right for you. A Certificate of Deposit is a type of savings account with a guaranteed rate for a specified term. One of the most appealing aspects of a CD is that it's a relatively safe investment. When you open a CD, you commit to keeping the money in the account until it reaches its maturity date. Generally, the farther away the maturity date, the higher your interest rate. A CD can be an effective way to help your money grow at a great rate and is not affected by downturns in the economy.
For more information, please see our Investment page. Please contact a Credit Union employee or call us for further information about applicable fees and terms.
Federally insured by NCUA
2APY (Annual Percentage Yield) is the actual effective annual yield after the compounding of interest/dividends.
‡Minimum Balance to Maintain Stated APY
Rates and yields are subject to change without notice. Some accounts require a specific minimum balance to earn the stated APY. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. No broker or institutional deposits will be accepted.
Rates effective 06/28/2022.