When you want to earn a higher interest rate on your savings, consider a Certificate of Deposit (CD). A CD is a fixed savings account that earns interest based on your balance and the term of the account.
A CD is perfect for your longer term savings goals, like creating a fund for your child’s or grandchild’s college education. It can also help you save for a down payment on a car or home quicker with its higher rate and limited withdrawals.
You can start a certificate with as little as $1,000. All deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), so you have peace of mind that your savings are safe with First Financial.
If you are a current member, you can immediately open a CD in online banking by selecting New Accounts and then More Certificate Info. Transfer funds from one of your other EFCU accounts to open the certificate or set up an Account-to-Account transfer to easily and securely transfer funds from another financial institution.
Rates & Terms
| Certificate Term | APY | Minimum Deposit |
|---|---|---|
| 12 MONTH CERTIFICATE | 1.4% | $1000 |
| 12 MONTH CERTIFICATE | 1.7% | $100000 |
| 12 MONTH CERTIFICATE | 1.9% | $250000 |
| 24 MONTH CERTIFICATE | 1.45% | $1000 |
| 24 MONTH CERTIFICATE | 1.75% | $100000 |
| 24 MONTH CERTIFICATE | 1.95% | $250000 |
| 36 MONTH CERTIFICATE | 1.5% | $1000 |
| 36 MONTH CERTIFICATE | 1.8% | $100000 |
| 36 MONTH CERTIFICATE | 2% | $250000 |
| 48 MONTH CERTIFICATE | 1.55% | $1000 |
| 48 MONTH CERTIFICATE | 1.85% | $100000 |
| 48 MONTH CERTIFICATE | 2.05% | $250000 |
APY = Annual Percentage Yield. Early withdrawal penalties may reduce earnings. Subject to change at any time.