Special Features
💰 Higher Rates – Your savings will grow faster!
📈 Predictable Growth – No guesswork, just growth!
💵 Start with Just $1,000 – Gain with a small start!
⏳ Short & Sweet – Your money’s back before you know it—better than ever!
💰 Higher Rates –
Your savings will grow faster!
📈 Predictable Growth –
No guesswork, just growth!
💵 Start with Just $1,000 –
Gain with a small start!
⏳ Short & Sweet –
Your money’s back before you know it—better than ever!
**APY = Annual Percentage Yield. APY is accurate as of 2/3/25. 13-MONTH CD SPECIAL. Not applicable for Public Funds. Must call in or visit a Member Center to open 13-month CD Special. To receive the above stated 13-month CD Special at 3.80% APY, a minimum opening balance of $1,000 is required. CD is not eligible for rate protector benefit, a one-time rate bump over the course of the term. Early withdrawal penalty for 13-month CD special term is 90 days of interest. Fees could reduce earnings. The 13-month CD Special will renew at the standard 12-month CD terms at maturity.
What Is a Certificate of Deposit?
What Is a CD?
- A secure deposit. Deposited money must stay in the credit union for a specified length of time to earn a promised return.
- Flexible. You can pick the term to fit your needs, whether it's three months or as long as 60 months.
- Versatile. A certificate of deposit can be used to save for a future goal, like a home project, vacation, college tuition, and much more!
- Insured. The National Credit Union Association (NCUA) insures CDs up to $250,000.
What Are The Advantages?
- Open a CD with as little as $50!
- Interest rates vary depending on the term and the amount deposited.
- Rates are locked in for the length of the term of the certificate.
- Most CDs earn higher interest rates than regular savings accounts and money market accounts.
- The simple process of opening a certificate of deposit means you don't have to constantly monitor or take action on it.
Certificate of Deposit Rates
We offer competitive rates on certificates of deposit because we want you to get the most out of the money you’re depositing with us!
Share, Traditional IRA, Roth IRA, HSA,^ Coverdell Education & Jumbo Certificate Rates
Minimum opening deposit for Jumbo CDs is $100,000.00. Minimum opening deposit for all other CDs is $50.00 unless otherwise noted below.
| Term | Interest Rate | APY* |
|---|---|---|
| 3 months 1 | 0.499% | 0.500% |
| 6 months 1 | 1.243% | 1.250% |
| 8-month special4 | 4.07% | 4.15% |
| 9 months1 | 1.243% | 1.250% |
| 12 months1 | 1.490% | 1.500% |
| 13-month special5 | 3.74% | 3.80% |
| 18 months1 | 1.490% | 1.500% |
| 24 months1 | 1.588% | 1.600% |
| 30 months1 | 1.588% | 1.600% |
| 36 months1 | 1.933% | 1.950% |
| 48 months1 | 2.031% | 2.050% |
| 60 months11 | 2.129% | 2.150% |
| 12 month add-on2^ | 1.490% | 1.500% |
| Jumbo 12 months3 | 1.736% | 1.750% |
| Jumbo 24 months3 | 1.834% | 1.850% |
| Jumbo 36 months3 | 2.178% | 2.200% |
| Jumbo 48 months3 | 2.276% | 2.300% |
| Jumbo 60 months3 | 2.374% | 2.400% |
| Rates accurate as of Jul 18, 2025 |
All youth under the age of 18 will receive an additional 0.25% APY to the stated rates unless otherwise noted. A penalty fee may be imposed if you withdrawal funds prior to the maturity date. Insured by NCUA.
*APY= Annual Percentage Yield.
1 Rate Protector allows a one time rate adjustment for 3-36 month term CDs and a two time rate adjustment for 37-60 month term CDs with no penalties or fees.
2 12 month add-on not eligible for additional 0.25% APY youth rate bump or rate protector adjustment. 12-month add-on CD not eligible for IRA CD’s. HSA CD only available on the 12-month add-on CD rate and term. Contact a member service representative to open an HSA CD.
3 Jumbo CD not available for Coverdell Education Savings Accounts.
4 8-MONTH CD SPECIAL. Not applicable for Public Funds. Online/mobile opening not available. To receive the above stated 8-month term at 4.15% APY, 8-month CD must be opened with a minimum balance of $1,000. Early withdrawal penalty is 90 days of interest for promotional terms. 8-month CD special is not eligible for rate protector, a one-time rate bump over the course of the term. 8-month CD special will renew at the standard 9-month terms upon maturity.
5 13-MONTH CD SPECIAL. Not applicable for Public Funds. Online/mobile opening not available. To receive the above stated 13-month term at 3.80% APY, 13-month CD must be opened with a minimum balance of $1,000. Early withdrawal penalty is 90 days of interest for promotional terms. 13-month CD special is not eligible for rate protector, a one-time rate bump over the course of the term. 13-month CD special will renew at the standard 12-month terms upon maturity.
Certificate of Deposit Resources
CD Interest Calculator
Click the button below to use calculator to help you determine how much interest you could earn with each certificate of deposit and which one would best help you reach your savings goal.
Protect Your Rate
Are you concerned about committing to one of our current rates? With Rate Protector, you can choose one time during the term of your certificate of deposit to bump your rate, if interest rates go up!
Other High Yield Savings Options
Money Markets
With a money market account, you earn a high rate of interest, and have the flexibility to withdrawal and deposit money as you see fit!
Benefits Checking
With our free Benefits Checking account you earn 4.00% APY* on your average daily balance, and receive ATM fee reimbursements.
Honor Investment Services
If you’re planning for retirement, for college, or a large future event, our team at Honor Investment Services can help set you up for success!
Certificate of Deposit FAQs
Here at Honor Credit Union, you can open a certificate of deposit with as little as $50.
Each person has different goals for their money, and different ideas of how they would like their money to work for them. We would love for you to visit an Honor branch, or give us a call to go over all of our CD options and what might work best for you.
Annual Percentage Yield (APY) expresses an annual rate of return taking into account the effect of compounding.
Simply put, the higher the APY, the faster your balance grows. If you have two similar interest rates, the more frequently interest is compounded, the higher the APY will be. Those higher APYs can mean more savings for you.
An interest rate is the rate at which a financial institution agrees to pay you back for holding your money.
Tips To Help You Save Money
Unlock Holiday Savings with Honor
When you’re Christmas shopping you can earn double cash back with Select Rewards Credit Card, build your savings while you shop, track spending with MoneyMap, and more!
Smart Black Friday Shopping Tips for 2024
The key to making the most of Black Friday offers is preparation, so we’ve rounded up some tips to help you stay on budget while maximizing your savings.
Use Debit Card Round Up To Build Your Savings
Learn how Honor’s free Debit Card Round Up solution can help you build up your savings by rounding up a debit card transaction to the nearest dollar.
Five Smart Ways To Use Your Tax Refund Money
It’s important to prioritize how you spend your tax refund money, from paying off debt to building an emergency fund and much more.
