CD Share Certificates

Secure your savings with our CD Share Certificates. Enjoy fixed rates and watch your money grow with a term that works for you.
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Secure Your Savings, Guaranteed Returns

Our CD Share Certificates provide a safe and reliable way to grow your savings. Benefit from fixed rates and a range of terms.
  • High Fixed Interest Rates: Earn guaranteed returns with competitive fixed interest rates.
  • Flexible Terms: Choose from a variety of terms to match your savings goals.
  • Safe and Secure: Enjoy the peace of mind that comes with federally insured deposits.
  • Automatic Renewal: Opt for automatic renewal to continue growing your savings effortlessly.

Key Features

Steady Growth

Watch your money grow steadily over the chosen term.

Dividends Compounded

Daily compounding means your savings can grow even faster.

No Monthly Fees

Say goodbye to hidden charges – our CD Share Certificates come with no monthly fees.

Withdraw Dividends

Monthly dividends are available for withdrawal without penalty.

Federally Insured

Your deposits are federally insured up to $250,000 by the NCUA.

CD Share Certificates

To see the full table, scroll horizontally.
term (months)
Rate
APY1
Jumbo Rate
Jumbo APY1
3
0.0075
0.0075
0.0080
0.0080
6*
0.0535
0.0550
0.0540
0.0555
9
0.0488
0.0500
0.0493
0.0505
12
0.0296
0.0300
0.0301
0.0306
15
0.0296
0.0300
0.0301
0.0306
24
0.0344
0.0350
0.0349
0.0355
36
0.0344
0.0350
0.0349
0.0355
48
0.0344
0.0350
0.0349
0.0355
60
0.0368
0.0375
0.0373
0.0380
View Disclosures
Annual Percentage Yield (APY). The APY and dividend rates are effective as of 12/06/2023 and may change at any time without notice. A minimum deposit of $250.00 is required to open and earn APY. The APY for all Share Certificates assumes the dividend will remain in the account until maturity. Withdrawal of dividends prior to maturity will reduce earnings. A penalty will be imposed for the withdrawal of the principal before maturity. At maturity, Share Certificates will renew at the same term unless you inform us otherwise. Jumbo rates apply for deposits of $100,000 or more.
  • New Money Only

Services

Certificate Calculator

How will the value of your account change over time? Use this calculator to estimate what it could be worth.

Speak with our Relationship Banking Team

Our relationship bankers are here to help you take the first step.

Glossary

Federally Insured by the NCUA

The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000.

Additionally, a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects members’ IRA and KEOGH retirement accounts up to $250,000 and provides additional coverage for members’ trust accounts.

The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit Union members have never lost even a penny of insured savings at a federally insured credit union.

Learn More >


Not-for-Profit

Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.

Well-Capitalized Financial Institution

Credit unions are among the most well-capitalized financial institutions, maintaining equity reserves and investments that prioritize needed safety and soundness for their members.


Direct Federal is no exception to this. Our conservative balance sheet management and strong capital position makes us significantly different from financial institutions in the news.

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Frequently Asked Questions

Use the search bar below to sort through our library of FAQs to learn more about a specific product, service, or process.
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Are my deposits insured?

We are  federally Insured by the NCUA. The National Credit Union Share Insurance Fund  was created by Congress in 1970 to insure members' deposits in federally  insured credit unions. Each credit union member has at least $250,000 in total coverage in individual accounts.

The  Share Insurance Fund also separately protects members’ IRA accounts up to  $250,000 and provides additional coverage for members’ trust accounts.

The  Share Insurance Fund has the backing of the full faith and credit of the  United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.

Can I add more money to my CD account?

Funds cannot be added to an existing CD Share Certificate.

Can I withdraw my CD dividends?

Monthly dividends are available for withdrawal without penalty.

How are CD dividends compounded?

CD dividends are compounded daily and posted monthly.

How can I check the status of an application?

If you are an existing member, the easiest way to check the status of an application is through the Application Center within Digital Banking.

Check Status as a Member >


If you are not a member, please visit our Application Status Center.

Check Application Status >

What happens when my CD matures?

At  maturity, Share Certificates (CD) will rollover into the same term at the  current rate being offered, unless Direct Federal is notified prior to  maturity or during the 7-day grace period.

When is the dividend rate in effect?

Dividends start to accrue on the date the  account is funded.

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