Certificate of Deposit Savings Account

Certificate of Deposit Savings Account

Choose your term and earn more on a Certificate of Deposit Savings Account.

OPEN AN ACCOUNT

A happy couple is doing a high-five because they're happy they opened a CD savings account to plan for their future.

 

Enjoy the Benefits of a Certificate of Deposit Savings Account

blue check

The Highest APY* Rates

Share Certificate accounts are insured, so you'll get better rates than with a standard savings account.

blue check

Low Minimum Deposit

Get started with just $500. Choose a 12-month Certificate to make more deposits any time.

blue check

Terms to Suit Your Goals

Share Certificates are available for three months up to three years so planning is simple.

blue check

Generous Youth Account

Start saving for your future now with a minimum deposit of only $250 and an APY of up to 2.25%.

 

Traditional Certificate Details

  • Minimum deposit of $500 or $250 for a Youth Account
  • Terms from three months at 0.65% APY to 48 months at 2.25% APY
  • Insured by the National Credit Union Administration (NCUA) up to $250,000
Open An Account
couple planning finances

 

12-Month Certificate Details

  • Minimum deposit of $500
  • Unlimited additional deposits any time during the term
  • Minimum of $100 for each extra deposit
Open An Account
family saving money

 

See Our Great Certificate of Deposit Savings Account Rates

SHARE CERTIFICATES   3 MOS. 6 MOS. 12 MOS. 18 MOS. 24 MOS. 36 MOS. 48 MOS.
Minimum Balance $500+ Rate 0.65% 1.44% 2.08% 2.08% 2.23% 2.23% 2.23%
APY* 0.65% 1.45% 2.10% 2.10% 2.25% 2.25% 2.25%
$250 (Youth Account) Rate   1.44% 2.08%        
APY*   1.45% 2.10%        

*APY = Annual Percentage Yield. Share Certificates use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day. Dividends are paid monthly.

 

★★★★★

"I love this bank! I've been a member for over 35 years and will continue to be. They are always helpful and informative whether on the phone or in person."

— Judy L.

★★★★★

"CommonWealth Central Credit Union is awesome. Their tellers are so nice and If I have any questions they are always there to help in the branch and on the phone."

— Claudia O.

★★★★★

"Their customer service is amazing and their online banking platform is very user-friendly. I highly recommend this credit union."

— Rebecca B.

 

FAQs about Certificate of Deposit Savings Accounts

Other Useful Savings Tools

Holiday Club Account

With a minimum deposit of just $1, you can start saving for the holidays and spread the cost of family meals, gifts, and travel throughout the year to reduce Christmas stress. Earn interest on balances above $100!

Learn More

Individual Retirement Accounts (IRA)

Putting money aside for retirement is a smart strategy. CommonWealth Central CU has several IRA offerings to meet your needs and you can open an IRA today with as little as $100.

Learn More

WealthMatters

Our online financial education tool offers a fun interactive learning experience. Choose from a range of short modules to learn how to start saving money, build an emergency fund, create a budget, and much more.

Learn More