Certificate of Deposit Details
Take the guesswork out of saving. A certificate of deposit, or CD for short, can help you increase your return on investment with higher rates than a traditional savings account. The rates are guaranteed for the length of the term, and the longer the term, the more you earn. Multiple terms available. Saving your money is great. Growing it is better. Some restrictions apply*.
- 6-month CD
- 1-year CD
- 2-year CD
- 1-year Traditional Individual Retirement Account (IRA) CD
- 2-year Traditional IRA CD
Minimum balance: $2,000
Monthly compounding interest
Simple Interest dividend calculation
A penalty will be imposed for early withdrawal. 10 calendar day grace period at maturity for penalty free withdrawal. Rates and available terms are subject to change at any time. Ask an LFCU representative for full details.