Certificate of Deposit (CDs)

Make saving money stress-free and simple by depositing funds into a Certificate of Deposit. With a CD from Credit Union 1, you earn high dividends while your money grows.

A guaranteed return with peace of mind

Our Certificates of Deposit (CDs) range from 3 months to 60 months, offering a fixed rate of return and the assurance that your money is safe.

Earn our highest rate of return

During your selected time period, your funds will earn our highest rate of return. Rates are offered at even higher percentages for those with certificate balances over $40,000 and $100,000.

Grow your money with certificate dividends

Our certificate dividends are calculated on a daily balance and are paid as well as compounded quarterly.

Start saving more with flexible terms

Flexibility is important in life, which is why Certificate of Deposit terms vary from 30 days up to 5 years. To get started today, the minimum certificate deposit is $500.

Open a Certificate in Three Easy Steps

You can open a certificate account at any CU1 branch or online once you become a member.

Become a Member

Becoming a member is quick and easy! Open an account online in minutes.

Join to Get Started

Log in to Online Banking

Once you're a member, you can add certificate accounts after you sign in to your account online.

Open a Certificate

Under Success Tools in the menu, click "Open Checking, Saving or CD". Then click "Certificates" on the Quick Apply screen.

See Rates

Already a Member?

Open a new CD account in just a few clicks.

Navigate to "Success Tools" to open a certificate account in our online banking or in the mobile app.
Quick, simple and hassle-free.

Open CU1 Online Banking

Certificate of Deposits FAQ's

A Certificate of Deposit (CD) is a savings option that pays a fixed rate for a set term. Your initial deposit is guaranteed if you keep it for the full term, but withdrawing early may result in a penalty that reduces your earned interest or principal.

Dividends are paid either monthly, quarterly, or at maturity depending on the CD you choose. You can have them deposited into your CU1 savings account or added back into your CD to compound over time and grow your balance faster.

If you withdraw your money before the CD’s maturity date, an early withdrawal penalty will apply. This reduces the dividends you earn and in some cases, part of your principal may be used to cover the penalty. The penalty amount is based on the length of the CD term. CDs are designed to be held for the full term to get the best return.

The amount you can earn with a certificate account depends on how much money you put in and what the rates and terms are.

When your CD reaches its maturity date, it will automatically renew for the same term at the standard rate and APY in effect that day—unless you decide to make a change during your 10-day grace period.

On or within 10 days after the maturity date, you can: