Investment Certificates & IRA Certificates
Revised January 5, 2020
- Minimum deposit for any certificate is $500, unless otherwise noted
- Rates are subject to change daily
- There is a substantial penalty for early withdrawal from a savings certificate.
Investment Certificates, Regular and IRA - Fixed Term
Term Rate Annual Percentage Yield
Opening Balance of $500 or more
| 3 Months | 0.10% | 0.10% |
| 6 Months | 0.20% | 0.20% |
| 12 Months | 0.40% | 0.40% |
| 24 Months | 0.50% | 0.50% |
| 36 Months | 0.65% | 0.65% |
| 48 Months | 0.65% | 0.65% |
| 60 Months | 0.90% | 0.90% |
Your savings and qualified retirement accounts are federally insured to at least $250,000, and backed by the full faith and credit of the United States Government. For details about coverage, please click here.
Note regarding Certificate Specials: Upon maturity, special certificates will automatically be transferred into a regular term certificate. Special certificates with terms of 11 months or less will transfer to a 6 month certificate, and certificates with terms of 13-23 months will transfer to a 12 month certificate.
* APY is Annual Percentage Yield. Certificate investment rates remain fixed for the term of the certificate. Unless otherwise paid according to your instructions, dividends will be credited to your account and compounded every month. Fees or other conditions could reduce the earnings on the account. A substantial penalty may be imposed for withdrawals from a certificate(not including ZigZag CD, please see ZigZag section) before maturity. If you have any questions, or you need current rate information on your accounts, please call (320) 252-2634. Rates are subject to change daily.
Sprout*
We designed this savings CD with our members in mind! Sprout is perfect for savings goals, earning more interest than a traditional savings account. Speak with a Member Advisor today to open up a Sprout CD.
- 12-month term
- A starting deposit of only $100
- 0.05% APY
- Unlimited deposits of $10 or more
ZigZag**
Our ZigZag CD was created for our members who need flexible access to their CDs! ZigZag is perfect for both short-term and long-term savings goals. The step-up option allows you to increase your CD rate once over the course of the CD. Speak with a Member Advisor today to open up a ZigZag CD!
- 24, 36 and 48-month terms
- Minimum deposit of $500
- Step-up option: A one-time increase of your interest rate
- One penalty-free withdrawal
- Rates as high as 0.40% APY
*12-month term certificate with unlimited additional deposits of at least $10 each allowed during the term of the certificate. Early withdrawal would be subject to penalty. See Early Withdrawal Penalty section. **Not available for IRAs.
** Certificate with terms of 24, 36, or 48- months. One penalty free withdrawal per calendar year but must have at least $500 in doing so. Additional withdrawals are subject to penalty. See Early Withdrawal Penalty section. One additional deposit of at least $500.00 allowed per calendar year. One step up option allowed during term to increase rate, available 30 days after opening date. **Not available for IRAs.