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Certificados de depósito

CD’s provide an interest rate premium over a predetermined period of time

A Safe & Effective Way to Invest

For a limited time, get the following special rates when you open a new CD:

Término Valora APY*
11 Months
Bump-up / Add-on
4.55% 4.65%
15 Months
Bump-up / Add-on
4.25% 4.33%
23 Months
Bump-up / Add-on
3.28% 3.33%
33 Months 2.77% 2.80%
45 Months 2.77% 2.80%

Bump-up option is only available at the request of the member if the rate exceeds their current certificate interest rate, up to .50 basis points, and will only effect rate of dividends that have not been paid out. Members may only add additional funds up to 2 times.

*APY = Annual Percentage Yield. Effective as of 4/17/2023. East Idaho Credit Union reserves the right to end, alter, or otherwise adjust this promotional offer at any time and at their discretion. View Rate & Fee Schedule.

Special CD Rates

For a limited time, take advantage of the following special rates when you open a new CD in branch:

Término Valora APY*
11 Months
Bump-up / Add-on
4.55% 4.65%
15 Months
Bump-up / Add-on
4.25% 4.33%
23 Months
Bump-up / Add-on
3.28% 3.33%
33 Months 2.77% 2.80%
45 Months 2.77% 2.80%

Bump-up option is only available at the request of the member if the rate exceeds their current certificate interest rate, up to .50 basis points, and will only effect rate of dividends that have not been paid out.
Members may only add additional funds up to 2 times.

Standard CD Rates

Término Valora APY*
6 meses 1.00% 1.00%
1 año 1.25% 1.26%
2 años 1.75% 1.76%
3 años 2.25% 2.27%
4 años 2.10% 2.12%
5 años 2.00% 2.02%

*APY = Annual Percentage Yield. Effective as of 4/17/2023. East Idaho Credit Union reserves the right to end, alter, or otherwise adjust this promotional offer at any time and at its discretion. View Rate & Fee Schedule.

How CD’s Work

A Certificate of Deposit (CD) is a product offered by East Idaho Credit Union that provides an interest rate premium in exchange for the member agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

  • The longer the CD term, the higher the interest rate you can earn

  • The annual percentage yield (APY) for CDs is typically fixed, meaning you earn the same rate for the entire CD term.

  • Once a CD matures, you’re free to withdraw the money you saved, along with interest earned.

Pros of Using a CD for Savings

Safety

Along with savings accounts and money market accounts, CDs are some of the safest places to keep your money. That’s because money held in a CD is insured for up to $250,000 per depositor. With the current state of the stock market, you can’t beat the security of a CD right now.

Guaranteed Returns

CD accounts offer predictability in that it’s relatively easy to determine how much interest you’ll earn over time, since rates are typically fixed for the entire term. Certificate of deposit calculators allow you to plug in the amount you’re saving and your APY to gauge how much your money will grow.

Higher Rates

Compared to savings accounts or money market accounts, CDs potentially can offer higher interest rates on deposits. That’s because you agree to keep your money in the CD for a set time period. The interest rate and APY you earn depends on the bank, the CD term and the current interest rate environment.

CD Laddering

CD laddering is a savvy savings technique that allows you to keep your money liquid and accessible while taking interest rate changes into account. When you build a CD ladder, you’re essentially opening multiple CDs at different interest rates and with varying dates of maturity.