Sometimes it’s a good idea to put your money where you won’t be tempted to withdraw it unless it’s necessary. A Certificate of Deposit (CD) is a great account for long term, more permanent savings. We offer CD terms from 1 to 3 years and an account can be opened for as little as $500.
Open a Certificate of Deposit (PDF)
Certificate Account Features
- A minimum of only $500 is required to open a CD.
- Interest is compounded daily and credited monthly.
- Your choice of a 1 year, 2 year, or 3-year CD. The longer the term, the higher the interest rate.
- You can let your CD automatically renew at maturity or withdraw the money
- There is a penalty for early withdrawal.
Certificate of Deposit Rates
Effective as of August 28, 2023| Term & Type | Dividend Rate | APY* | Min Deposit |
|---|---|---|---|
| 1 Year | 3% | 3.045% | $500 |
| 2 Years | 2.5% | 2.532% | $500 |
| 3 Years | 2.0% | 2.02% | $500 |
| *APY = Annual Percentage Yield. Fees could reduce the earnings on these accounts. Rates are subject to change at any time. Please contact the credit union to verify the most current rates. | |||