MAXIMIZE YOUR SAVINGS AT A HIGHER RATE
Lock into a much higher interest rate with money that you are able to put aside for 6 months or longer. The longer the term, the higher the interest rate! Northwest Community Credit Union CDs are a smart, risk-free way to watch your money grow.
August 1, 2018.
Available Terms and Rates:
.80% APY* for 6 months
1.25% APY* for 12 months
2.25% APY* for 18 months
2.50% APY* for 30 months
3.25% APY* for 60 months
*APY - Annual Percentage Yield. Rates Subject To Change Without Notice.
What is a CD?
A CD, also called a Certificate of Deposit or Share Certificate, is a savings account with a locked-in maturity date, giving it a higher rate of interest. Unlike money market and share accounts, which allow funds to be added or withdrawn, a CD requires the initial deposit amount to remain for the term of the CD. Early withdrawal usually results in a penalty. Dividends are compounded daily and credited to the account monthly.
What is the minimum deposit required?
Northwest Community CDs are issued for a minimum of $1,000.
Are Northwest Community CDs insured?
Yes! Each individual Certificate is insured for the balance of the CD, up to $500,000, by the American Share Insurance Fund and Excess Share Insurance.
How do I open a Northwest Community Credit Union CD?
Open an account online or visit any one of our branches.