Certificates of Deposit are a great way to build savings! A Certificate of Deposit, often known as a “CD,” is a dividend-bearing savings account that provides a fixed interest rate for a set term period of time, ranging from a few months to several years. The account must remain untouched for the entirety of the term, or it risks penalty fees or lost interest. CDs usually have higher interest rates than other savings accounts. With a Carolina Federal Credit Union CD, you can trust us to help you earn more with your cash. We’re NCUA Insured.
Monthly Dividends
Certificate dividends are calculated daily, with interest compounded and credited every month.
Flexible Terms
Certificates come in various terms including 6 months, 1 year, 2 years, 3 years, 4 years, and 5 years.
Auto-Renewal
We’ll send you a letter at least 30 days before your certificate matures. It will renew automatically on the maturity at the current interest rate unless you notify us to do otherwise.
Contact us today to open a CD and check out our current Certificate Rates!
Certain minimum balances will apply. Rates are subject to change. Penalties apply for early withdrawals. Fees and penalties could reduce earnings. Insured by NCUA.