A Certificate of Deposit (CD) is a type of savings account that offers a fixed interest rate for a set period of time. It’s a safe and predictable way to grow your money—perfect if you want to earn more than a regular savings account without taking investment risks.

How Does a CD Work?

• Choose Your Term – CDs come in different lengths, like 6 months, 1 year, or even 5 years.
• Lock in Your Money – Once you deposit funds, you agree not to withdraw until the term ends.
• Earn Guaranteed Interest – Your money grows at a fixed rate (higher than a typical savings account).
• Cash Out & Enjoy – At the end of the term (also called “maturity”), you get your original deposit plus the earned interest.

Why Choose a CD?

• ✅ Higher Interest Rates – CDs typically offer better rates than standard savings accounts.
• ✅ No Market Risk – Unlike stocks or crypto, your money is safe and grows predictably.
• ✅ Great for Short-Term Goals – Perfect if you're saving for a vacation, new car, or emergency fund.

Are There Any Downsides?

• 🔹 Early Withdrawal Penalty – If you take out money before the term ends, you might pay a fee.
• 🔹 Funds Are Locked In – Unlike a savings account, you can’t access your money anytime.

How Much Can I Earn?

Our CD rates update monthly to ensure you get the best possible return on your savings. That means when you deposit your money into a 12-month CD, it will grow at a higher rate than a regular savings account—giving you more earnings with zero effort.

Get Started Today!

With just $500 (or $250 for Youth Certificates), you can start growing your savings the smart way.

👉 See Current CD Rates

Still have questions? We’re here to help! Contact us anytime or visit a branch. 🚀