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"I love the service I receive at Arsenal. I wish more companies were like Arsenal."

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  • Safe

    Federally insured

  • Low minimum deposit

    Open with as little as $500

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Get rewarded for your patience

A certificate of deposit (CD) lets you put aside your money for a certain amount of time in exchange for a specific, higher-than-average interest rate. It’s an easy, no stress way to start investing your money.

Member owned since 1948

Unlike a bank, Arsenal is member owned and not for profit. That’s why we can offer our members better rates and terms on deposit accounts.

  1. 1

    Pick your term

    Our terms range from three to 60 months, to help you meet any financial goal. The longer the term, the higher your yield.

  2. 2

    Higher earnings

    Our rates (stated as annual percentage yields) are often higher than what for-profit competitors pay. Ongoing rate surveys conducted by RateWatch, an outside data collection company, back this up.

  3. 3

    Unique use

    You can use your CD(s) as collateral for a loan.

Ready to start?

This is the perfect, low-commitment way to save and earn more money.

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3-month None $500 1.00% / 0.995% 1.00% / 0.995%
6-month Quarterly $500 1.50% / 1.489% 1.50% / 1.489%
12-month Quarterly $500 2.00% / 1.981% 2.00% / 1.981%
18-month Quarterly $500 2.05% / 2.030% 2.05% / 2.030%
24-month Quarterly $500 2.15% / 2.128% 2.15% / 2.128%
36-month Quarterly $500 2.25% / 2.226% 2.25% / 2.226%
48-month Quarterly $500 2.35% / 2.324% 2.35% / 2.324%
60-month Quarterly $500 2.45% / 2.421% 2.45% / 2.421%

Rates Subject To Change Without Notice. Rates as of 10-3-2022.
*APY=Annual Percentage Yield

All certificates 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 on this rate sheet - the annual percentage yields are calculated based on quarterly compounding of the interest.
The minimum balance requirement is $100 for members age 18 and under to earn the stated APY.
Fees may reduce earnings on the account. A penalty rate may be imposed for early withdrawal.


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You can view information about your CD within online or mobile banking. Information about CDs is also included on quarterly statements.
Once your CD matures, we will alert you. You have 10 days from the date of maturity to transfer the money or take the money out of the CD without penalty. If no action is taken, the money is rolled into a new term, the same as what you had.
If you withdraw money from a CD before the term is up, you may have to pay a penalty or forfeit a portion of the interest you earned.
A certificate of deposit is a safe investment that is federally insured by NCUA to at least $250,000. It provides a guaranteed rate of interest for a specific period of time.
Interest is calculated on the average daily balance of the certificate over the interest period. Interest compounds quarterly.
The minimum amount to open a CD at Arsenal is $500.

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