Certificate Accounts (CDs)

Guaranteed growth. Who doesn’t love a fully secured way to get the most from their money? Share Certificates (aka CDs) are some of the easiest ways to get your money growing. The returns are huge compared to your savings account.

Looking for a simple and risk-free option? Simply pick the amount of time you’re willing to deposit your funds, and you’re on your way. No risks, no stocks to watch – just guaranteed, fixed-rate growth backed with federal insurance. Use a CD to diversify your investments or to save for that important event on the horizon.


Greater Dividends than Regular Savings

Greater Dividends than
Regular Savings

Fixed rates, guaranteed for length of term

Fixed rates, guaranteed
for length of term

Terms from 3 months to 5 years

Terms from 3 months
to 5 years

Rates Increase with Each Longer Term

Rates Increase with
Each Longer Term

Ladder CDs to Increase Liquidity

Ladder CDs to
Increase Liquidity

Penalty on Earnings For Early Withdrawal

Penalty on Earnings For
Early Withdrawal

Minimum Deposit to Open

$2,500 Minimum
Deposit to Open

Federally insured up to $250,000 by NCUA

Federally insured up
to $250,000 by NCUA


 

Laddering

A great way to build liquidity into certificates—and to make the most of rate changes—is to ladder your CDs.

Laddering simply means dividing your money among several certificates, each with an increasingly longer term, instead of putting all your money into one certificate. This way, part of your investment becomes available periodically rather than locking the entire amount for the longest term.

In addition to making funds available if you need them, this gives the opportunity to take advantage of rates that are increasing since you can reinvest the CD that matures at the current rate.

 

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