A CD is a short-term investment option that offers a guaranteed rate of return over a designated period of time. When you deposit your money into a CD you’ll earn a higher rate of return than a standard Savings Account for the certificate length. At America’s Credit Union your deposits are federally insured by the National Credit Union Administration (NCUA) up to $250,000 so you can rest assured knowing your CD investment is safe.

In exchange for the higher rate of return, you’re making a promise that you won’t remove your money from the Certificate of Deposit until the agreed upon date. If you do need to access your money, a penalty* will be assessed for early withdrawal. 

At ACU, we use the money you’ve deposited into your Certificate of Deposit to make loans to other members and keep the credit union running smoothly. Investing in CDs at ACU is one of many ways you can invest in our member-owned cooperative, keep your money local, and earn a great rate of return.

*For certificates with a maturity of 182 days or less, the penalty is equal to 90 days’ simple interest on the amount of the certificate, whether earned or not. For certificates with a maturity of 12 to 24 months, the penalty is equal to 180 days’ simple interest on the amount of the certificate, whether earned or not. For certificates with a maturity of more than 24 months, the penalty is equal to 365 days’ interest on the amount of the certificate, whether earned or not.