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Save for long-term gain

You can open a CD for as little as $1,000 and earn a higher rate than regular savings. This is ideal for future expenses such as college, weddings, retirement or big vacations.

Features:

  • Dividends paid quarterly
  • Receive a higher rate market sensitive rate for a guaranteed period of time
  • Dividends can compound on the CD or be transferred to another savings or checking
  • Keeps your funds out of reach until maturity
  • Automatic rollover at maturity if you choose
  • Federally Insured by the NCUA

Requirements:

  • Must be an ELGA Credit Union Member
  • Minimum deposit of $1,000 (no maximum)
  • Early redemption penalty

Learn2Save: Minimum Opening Balance & Balance to Earn Dividends: $250.00

Name APY Dividend Rate
Learn2Save 12 Month 0.55% 0.55%
Learn2Save 24 Month 0.70% 0.70%

$1,000.00 - $29,999.99 Tier: Regular CD / Traditional IRA CD & Roth IRA CD Accounts: Minimum Opening Balance & Balance to Earn Dividends: $1,000.00

Name APY Dividend Rate
12 Month 0.45% 0.45%
24 Month 0.55% 0.55%
36 Month 0.70% 0.70%
48 Month 0.80% 0.80%
60 Month 0.90% 0.90%
72 Month 0.90% 0.90%

Save To Win: Minimum Opening Balance: $25.00 Minimum Balance to Earn Dividends: $0.00

Name APY Dividend Rate
12 Month $0.00 - $24,999.99 .75% .75%
12 Month $25,000.00 and over 0.10% 0.10%

Traditional IRA, Roth IRA & Coverdell ESA IRA Savings: Minimum Opening Balance & Balance to Earn Dividends: $0.00

Name APY Dividend Rate
$0.00-$9,999.99 0.50% 0.50%
$10,000.00-$49,999.99 0.75% 0.75%
$50,000.00-$199,999.99 1.00% 1.00%
$200,000.00-$499,999.99 1.25% 1.25%
$500,000.00 + 1.51% 1.50%

$30,000.00 - 99,999.99 Tier: Regular CD / Traditional IRA CD & Roth IRA CD Accounts: Minimum Opening Balance & Balance to Earn Dividends: $1,000.00

Name APY Dividend Rate
12 Month 0.50% 0.50%
24 Month 0.60% 0.60%
36 Month 0.75% 0.75%
48 Month 0.85% 0.85%
60 Month 0.95% 0.95%
72 Month 0.95% 0.95%

$100,000.00 - $249,999.99 Tier: Regular CD / Traditional IRA CD & Roth IRA CD Accounts: Minimum Opening Balance & Balance to Earn Dividends: $1,000.00

Name APY Dividend Rate
12 Month 0.55% 0.55%
24 Month 0.65% 0.65%
36 Month 0.80% 0.80%
48 Month 0.90% 0.90%
60 Month 1.00% 1.00%
72 Month 1.00% 1.00%

$250,000.00 - $499,999.99 Tier: Regular CD / Traditional IRA CD & Roth IRA CD Accounts: Minimum Opening Balance & Balance to Earn Dividends: $1,000.00

Name APY Dividend Rate
12 Month 0.60% 0.60%
24 Month 0.70% 0.70%
36 Month 0.85% 0.85%
48 Month 0.95% 0.95%
60 Month 1.05% 1.05%
72 Month 1.05% 1.05%

$500,000.00 Tier: Regular CD / Traditional IRA CD & Roth IRA CD Accounts: Minimum Opening Balance & Balance to Earn Dividends: $1,000.00

Name APY Dividend Rate
12 Month 0.63% 0.63%
24 Month 0.75% 0.75%
36 Month 0.90% 0.90%
48 Month 1.00% 1.00%
60 Month 1.10% 1.10%
72 Month 1.10% 1.10%

Minimum balance to earn dividends matches minimum opening balance except Save To Win where minimum balance to earn dividends is $0.00. Dividends compounded and credited quarterly. APY = Annual Percentage Yield.  For further details please see our Rate and Service Charges Disclosure.