Certificates of Deposits – Saving for the Long Term

With a Certificate of Deposit, (or a CD) you deposit the money for a set period of time, usually between six months and five years, and in return, you receive a higher dividends rate than with a traditional savings account. The longer the CD term, the more interest you earn. It’s a smart way to lock in a better rate.

What are the Benefits of a Term Deposit?

Provides higher dividends earnings than a regular savings account

Offers fixed, steady growth for your long-term savings needs

Comes with terms from 6 months to 5 years

Is insured up to $250,000 by NCUA

Requires $5000 minimum deposit to open