CDs
Want your money to work harder for you?
Set it and forget it! Open a Certificate of Deposit TODAY to let your money do the hard work while you relax. Check out our current promotions and rates to find what will work best for you and your financial goals!
All CDs have a minimum of $500 and a maximum of $250,000, and early withdrawals will be subject to penalties on the interest accrued. Dividends are posted monthly.
Save More, Earn More!
Add on as much as you want - whenever you want - and earn 4.25% APY* with our 7-month Add-On CD Promotion! Unlike our other CDs, the Add-On CD allows you to deposit funds anytime throughout the term, maximizing the money you earn. Start slow with a minimum of $50 and take advantage of ONE rate bump over the term of the Certificate!
Here's the legal stuff: *APY = Annual Percentage Yield. Fees may reduce earnings. Federally insured by the NCUA. A minimum of $50 in new money will need to be deposited. New money is defined as money not currently on deposit with Allegan Credit Union. Rates are subject to change without prior notification. The Annual Percentage Yield is accurate as of the last dividend declaration date. Allows for additional deposits, as well as one rate increase per member request throughout the term of the CD. Penalties still apply for withdrawal before the maturity date of the CD.
* Here’s the deal: *Annual Percentage Yield. Minimum balance of $500, with a maximum insured deposit of $250,000. Subject to early withdrawal penalty. Dividends will be paid directly to the certificate on a monthly basis. Upon maturity, the certificate will be deposited into the Savings Account. Rates are effective as of 8/1/2024 and are subject to change at any time. Federally insured by NCUA.