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.
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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.
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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.
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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 | 0.20% / 0.20% | 0.20% / 0.20% |
| 6-month Quarterly | $500 | 0.75% / 0.75% | 0.75% / 0.75% |
| 12-month Quarterly | $500 | 1.75% / 1.74% | 1.75% / 1.74% |
| 18-month Quarterly | $500 | 2.25% / 2.23% | 2.25% / 2.23% |
| 24-month Quarterly | $500 | 3.25% / 3.21% | 3.25% / 3.21% |
| 36-month Quarterly | $500 | 2.75% / 2.72% | 2.75% / 2.72% |
| 48-month Quarterly | $500 | 3.00% / 2.97% | 3.00% / 2.97% |
| 60-month Quarterly | $500 | 3.25% / 3.21% | 3.25% / 3.21% |
Rates Subject To Change Without Notice. Rates as of 3-1-19 for all terms except 24-month (latter effective 1-18-19).
*APY=Annual Percentage Yield
All certificates (except the 3 month) 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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