Certificates of Deposit

What is a Certificate of Deposit (CD)?

A Certificate of Deposit (CD) is a financial savings product that allows you to earn a fixed

interest rate over a specific period. As a type of time deposit, you agree to keep your money in

the account for a set duration, which can range from 6 months to 2 years. During this time the

credit union pays you interest on your deposit, which is typically a higher rate than a regular savings account.

How CDs work for you

• Flexible term options 6 months, 1 year and 2 years

• Low opening deposit

• Monthly dividend earnings

• Greater earnings for long-term goals

• 10-day grace period on maturity

• Federally Insured up to at least $250,000 per depositor