Invitation CD

For a limited time, enjoy a special rate when you renew your maturing CD.

Term Rate APY*
6 Months
 Add-on		 5.15% 5.15%

This offer is exclusively accessible to current Certificate of Deposit (CD) holders. To be eligible, one must possess an existing CD Special that is set to expire and be invited to transition into this special promotional Certificate of Deposit.  Members may add additional funds one time on this select CD. Federally insured by the NCUA. APY=Annual Percentage Yield. This offer is effective as of March 18th, 2024. Certain restrictions and exceptions may apply. Frontier Credit Union retains the right to terminate, modify, or otherwise adjust this promotional offer at its discretion. Visit the rate-and-fee schedule for the most current rates.

 

CD Benefits

Safety

Along with savings accounts and money market accounts, CDs are some of the safest places to keep your money. That’s because money held in a CD is insured for up to $250,000 per depositor. With the current state of the stock market, you can’t beat the security of a CD right now.

NCUA Insurance Estimator

Guaranteed Returns

CD accounts offer predictability in that it’s relatively easy to determine how much interest you’ll earn over time, since rates are typically fixed for the entire term. Certificate of deposit calculators allow you to plug in the amount you’re saving and your APY to gauge how much your money will grow.

Higher Rates

Compared to savings accounts or money market accounts, CDs potentially can offer higher interest rates on deposits. That’s because you agree to keep your money in the CD for a set time period. The interest rate and APY you earn depends on the bank, the CD term and the current interest rate environment.

CD Laddering

CD laddering is a savvy savings technique that allows you to keep your money liquid and accessible while taking interest rate changes into account. When you build a CD ladder, you’re essentially opening multiple CDs at different interest rates and with varying dates of maturity.

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