Key Takeaways
- Promotional 13-month CD: 4.00% APY^; minimum $500
- Rate boost: +0.25% APY with Summit Dividend Checking
- See our Promotional CD Rate Table
"The CD opening process was excellent."
- Rainer M
Elevations Member
13-Month Promotional CD
| Dividend Rate | Highest APY^ | Conditions |
|---|---|---|
| Standard (Min Balance $500) | ||
Dividend Rate3.937% |
Highest APY^4.00% |
ConditionsAvailable with active Summit Dividend Checking account (0.25% relationship rate boost) / Auto-renews to 12mo |
Dividend Rate3.687% |
Highest APY^3.75% |
ConditionsStandard promotional rate for Regular, IRA, HSA, Business / Auto-renews to 12mo |
| Jumbo (Min Balance $100,000) | ||
Dividend Rate3.937% |
Highest APY^4.00% |
ConditionsAvailable with active Summit Dividend Checking account (0.25% relationship rate boost) / Auto-renews to 12mo |
Dividend Rate3.687% |
Highest APY^3.75% |
ConditionsStandard promotional rate for Regular, IRA, HSA / Auto-renews to 12mo |
4-Month Promotional CD
| Dividend Rate | Highest APY^ | Conditions |
|---|---|---|
| Standard (Min Balance $500) | ||
Dividend Rate3.695% |
Highest APY^3.75% |
ConditionsAvailable with active Summit Dividend Checking account (0.25% relationship rate boost) / Auto-renews to 3mo |
Dividend Rate3.445% |
Highest APY^3.50% |
ConditionsStandard promotional rate for Regular & Business CDs / Auto-renews to 3mo |
7-Month Promotional CD
| Dividend Rate | Highest APY^ | Conditions |
|---|---|---|
| Standard (Min Balance $500) | ||
Dividend Rate3.695% |
Highest APY^3.75% |
ConditionsAvailable with active Summit Dividend Checking account (0.25% relationship rate boost) / Auto-renews to 6mo |
Dividend Rate3.445% |
Highest APY^3.50% |
ConditionsStandard promotional rate for Regular, IRA, HSA, Business CDs / Auto-renews to 6mo |
| Jumbo (Min Balance $100,000) | ||
Dividend Rate3.792% |
Highest APY^3.85% |
ConditionsAvailable with active Summit Dividend Checking account (0.25% relationship rate boost) / Auto-renews to 6mo |
Dividend Rate3.542% |
Highest APY^3.60% |
ConditionsStandard promotional rate for Regular, IRA, HSA / Auto-renews to 6mo |
Certificate (CD) Calculator
How will the value of your account change over time? Use this calculator to estimate what it could be worth.
Earn a CD Rate Boost
0.25% APY^ rate boost. Available on select, new Elevations CDs when you open a Summit Dividend Checking account.
Other Certificate of Deposit Accounts
Standard Certificates
Get started with as little as $500. If you want to save with certificates but don’t want to commit a lot of funds, our Standard Certificate account lets you choose from terms of 3-60 months with as little as $500 for your opening deposit and minimum balance.
Jumbo Certificates
Earn big with a Jumbo Certificate. When your savings are jumbo, your certificate should be too. Pick a term from 3-60 months and watch the $100,000+ you deposit and keep in your Jumbo Certificate grow.
IRA, HSA, & ESA Certificates
Save for retirement, healthcare, or education. Our individual retirement account (IRA), health savings account (HSA), and education savings account (ESA) certificates are available starting with just $100, or save big with a Jumbo IRA or HSA certificate. You can also add to your savings by making additional deposits to your certificates with terms of 12 months or less. Please note that IRS contribution limits and rules apply.
Elevations First Tracks™ Certificates
A certificate that encourages your child to save. Want to build your child’s savings habits? With a Elevations First Tracks™ Certificate, you deposit $100+, and your child 17 or under can make additional deposits starting at $10 as regularly as they’d like.
Secure your savings today
Open an Elevations CD today. Choose your term, lock in your rate, and watch your savings grow.
Next Steps
- Open a Promotional 13-month CD: 4.00% APY^; no early withdrawal penalty; minimum $500 - Contact us or open in Digital Banking
- Get a Rate boost: +0.25% APY with Summit Dividend Checking
- We're happy to help - Contact Us
Commonly Asked Questions
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A certificate of deposit, or CD, is a type of savings account that holds a fixed amount of money for a set period of time, called the term, and earns a guaranteed interest rate. CDs typically offer higher returns than traditional savings accounts in exchange for leaving your money untouched until the maturity date.
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The minimum deposit varies depending on the term and type of CD, but most CDs at Elevations Credit Union require as little as $500 to get started. Certain promotional CDs or long-term options may have different minimums, so be sure to check the specific terms.
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Yes. All Elevations CDs are federally insured by the National Credit Union Administration (NCUA) up to the applicable limits. This ensures your savings are protected while they grow.
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You can, but early withdrawals typically come with a penalty. Since CDs are designed for fixed-term savings, withdrawing funds before the maturity date may result in forfeited interest. Be sure to review your CD terms before opening to understand the early withdrawal conditions.
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If you meet our membership eligibility requirements, you can open a CD. Membership is easy to establish and opens the door to all of our financial products and services.
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Opening a CD is simple. You can get started online, visit a local branch, or speak with a representative. We’ll help you choose the term, deposit amount, and ensure you’re maximizing your earnings.
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A long-term certificate is a CD with a longer maturity period, typically 12 months or more. These CDs usually offer higher interest rates and are ideal for members who don’t need immediate access to their funds and want to maximize their earnings over time.
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Use these helpful links to learn more about CDs.
How can we help you?
Give us a call at (800) 429-7626 | Routing #307074580
Membership eligibility and one-time $5 membership fee required at account opening
*Annual percentage rate
^Annual percentage yield
**All credit union loan programs, rates, terms and conditions are subject to change at any time without notice. Rate shown as low as for qualified borrowers. Rate may change dependent on credit qualifications and underwriting factors. Please speak with an Elevations representative for more information. Offers of credit are subject to membership requirements and credit approval.