A CD is a simple tool for saving money you aren't going to need right away. It offers a specified interest rate and a specific maturity date, so you'll know exactly what to expect from your money. We offer a variety of basic CD options to accommodate your financial needs with some of the most competitive rates you will see anywhere and flexible terms from 3 to 60 months. We offer options to help you find the right CD to fit your savings goals.
Save Up CD
Perfect for new savers or current savers learning to save more, Save Up CDs require a low initial investment of just $500. Unlike most other CDs, you can make additional deposits of $100 or more. You have 12 months to build up your savings at a great fixed rate — plenty of time to save without feeling like you're married to it.
Step-Up CD
If you're concerned about missing out on possible rate future increases, the Step-Up CD is for you. It allows you to increase your rate one time to the rate currently in effect for this kind of CD — keeping your original term. Terms range from six months to 60 months and require an intitial deposit of at least $1,000.
Rate Mover CD
Our Rate Mover CD is ideal for those who want to make sure they don't miss out on future rate increases. The rate automatically adjusts every month based on the prime rate as published in The Wall Street Journal on the first day of the month. Rate Mover CDs require a minimum opening deposit of just $1,000 and allow additional deposits of at least $500. The adjusted rates cannot go below the opening rate and cannot adjust to more than two percentage points above the opening rate.
The Avadian CD Advantage
We also offer CD Specials at various times during the year, so be sure to check back for special rates. While it's always a good time to save, some times are better than others.
You can always feel confident knowing your investments are safe with us. The credit union is federally insured by the National Credit Union Administration. Additional insurance of up to $250,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.