Certificate of Deposit Savings Account

Certificate of Deposit Savings Account

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

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The Highest APY* Rates

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

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Low Minimum Deposit

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

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Terms to Suit Your Goals

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

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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 to 48 months 
  • Insured by the National Credit Union Administration (NCUA) up to $250,000
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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
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family saving money


See Our Great Certificate of Deposit Savings Account Rates

Minimum Balance $500+ Rate 1.49% 2.23% 2.96% 2.96% 2.96% 2.96% 2.96%
APY* 1.50% 2.25% 3.00% 3.00% 3.00% 3.00% 3.00%
$250 (Youth Account) Rate   2.23% 2.96%        
APY*   2.25% 3.00%        

*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.



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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!

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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.

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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.

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