With current news about uncertainty in banks, certificates of deposit (CDs) and money market accounts remain some of the most reliable and safest investments you can make.

Your funds on deposit in these accounts are federally insured to at least $250,000 by NCUA and backed by the full faith and credit of the U.S. government.

Yields on these investments are excellent right now. If you currently have funds on deposit in lower-paying accounts at other financial institutions, now is the perfect time to move that money to one of our CD or money market account products.

Earn 5.00% APY* with our Money Mover CD

  • Minimum deposit of $25,000 required to earn.
  • 15-month term.
  • Funds on deposit must be from an account outside of Arsenal Credit Union.

Open your Money Mover CD at home (or wherever you are) with Live Video Banking. Visit one of our four area branches. Or, give us a call at 314.962.6363 during normal business hours.

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High rates on all CD products

Start earning on smaller deposit amounts (minimum $500) with our rates on traditional CDs. Earn a 0.25% rate bump when you open your CD with a deposit of $5,000 or more from an account outside of Arsenal Credit Union.

TermAPY/Interest Rate
3 months1.75% / 1.739%
6 months2.30% / 2.280%
12 months3.05% / 3.008%
18 months3.10% / 3.065%
24 months3.20% / 3.162%
36 months3.25% / 3.211%
48 months3.30% / 3.260%
60 months3.75% / 3.698%

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Get more flexibility with a money market account

A money market account has no set term for you to keep your money on deposit. The more you keep on deposit, the more you earn.

Minimum Balance to Earn APYAPY/Interest Rate
$2,500 – $24,9992.50% / 2.469%
$25,000 – $49,9993.00% / 2.956%
$50,000 – and over3.50% / 3.440%

Our money market accounts are totally free. There are no fees if you don’t meet the minimum balance requirement to earn interest.

Make up to six withdrawals each month. You can even set up automatic transfers from your checking account to make saving/earning easy.

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*APY=Annual Percentage Yield. Money Mover CD $25,000 minimum balance, new funds only. No rate bump allowed. Rates as of 5.1.2023 and subject to change without notice.

Bonus rate of 0.25% may be applied to any certificate except 15-month opened with new funds of $5,000 or more not currently on deposit at Arsenal Credit Union.

All certificates (with the exception of 3-month term) have the option of paying quarterly or monthly interest that would be transferred to another Arsenal Credit Union account. Interest checks may be paid monthly for all certificates with a $10,000 minimum balance. Selecting any of these interest options will affect the annual percentage yields quoted – the annual percentage yields are calculated based on quarterly compounding of the interest. Fees may reduce earnings on the account. A penalty rate may be imposed for early withdrawal.

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