Certificates of Deposit (CDs)

Liquidity of funds is inversely related to interest earned; the longer the term, the greater the return

• Guaranteed return on investment
• Requires minimum deposit, amount may vary with term, interest rate
• Wide variety of terms, ranging from 6 months to 7 years
• Penalties charged for early withdrawal of funds
• Federally insured by National Credit Union Administration (NCUA) up to $250,000
• Additional private insurance coverage from Excess Share Insurance (ESI) of up to $250,000 per member, for total coverage up to $500,000

Comparison Chart