When you’ve built up a comfortable amount of savings, and you have a little extra cash that you won’t need to touch for a while. Certificates of deposit (CDs) can increase the rate of return while maintaining the guarantee you are comfortable with.

Like savings accounts, CDs are considered low risk because they are insured by the National Credit Union Share Insurance (NCUSIF) fund. CDs typically allow your savings to grow at a faster rate than they would in a savings account.

• Lock in a competitive rate for terms from 3 months to 5 years
• Members can pick their own maturity date for maximum flexibility