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
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
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
Unique use
You can use your CD(s) as collateral for a loan.
Rates
| TERM | MINIMUM BALANCE TO EARN | APY* / INTEREST RATE | WITH IRA CD - APY / RATE |
|---|---|---|---|
| 3-month None | $500 | 0.05% / 0.05% | 0.05% / 0.05% |
| 6-month Quarterly | $500 | 0.20% / 0.20% | 0.20% / 0.20% |
| 12-month Quarterly | $500 | 0.35% / 0.35% | 0.35% / 0.35% |
| 18-month Quarterly | $500 | 0.40% / 0.40% | 0.40% / 0.40% |
| 24-month Quarterly | $500 | 0.50% / 0.50% | 0.50% / 0.50% |
| 36-month Quarterly | $500 | 0.60% / 0.60% | 0.60% / 0.60% |
| 48-month Quarterly | $500 | 0.70% / 0.70% | 0.70% / 0.70% |
| 60-month Quarterly | $500 | 0.80% / 0.80% | 0.80% / 0.80% |
Rates Subject To Change Without Notice. Rates as of 1-1-2022.
*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.