Your certificate of deposit will be maturing soon, but you can keep growing your savings. When your CD maturity date arrives, you’ll have a 10-day grace period to choose one of these special renewal offers.
Or, you can take no action, and when your CD matures it will automatically renew for another term of the same duration, or for the term noted on your promotional certificate letter. See all CD rates.
Our Summit Money Market account gives you a higher rate of return while keeping flexible access to your money.Â
Our high-yield 7-month CD is a smart and reliable way to continue growing your savings with earnings you can plan on. Â
Increase your interest rate 0.25% with 2,500 Salal Rewards Points.
When you’re planning how to best reach your savings goals, it’s helpful to note that savings rates can change on a daily basis. Visit our rates page or talk to us to verify current rates. Savings rates are impacted by many factors, including the health of the economy and Federal Reserve policy. To learn more, see our Interest Rates Explained FAQ.
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All Salal accounts and loans are subject to review of credit and consumer reporting information, not all will qualify. Salal Credit Union membership required. Salal deposit and loan accounts are available for individuals residing in these states: SalalCreditUnion.org/SCU-States.
* APY = Annual Percentage Yield.
¹ APY is accurate as of 10/1/2025. Summit Money Market has 9 interest rate tiers; these tiers pay the stated Rate and APY only on the portion of the balance within the specified tier. Rates are subject to change without notice. Fees could reduce earnings on the account. Minimum balance to earn interest is $1.00. See our Consumer Membership & Account Agreement here for details. Limit one Summit Money Market account per member.
² Minimum balance $1,000. Rates and offer subject to change. Offer only available to consumer accounts, business accounts are not eligible. APY accurate as of 2/1/2026. Offer available on consumer certificates of deposit for a limited time only. At maturity, unless you direct otherwise during the 10-day grace period, the 7-month certificate will renew into a standard 6-month certificate. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. Offer not eligible for Salal Rewards Points.
³ Rates and offer subject to change without notice. Offer only available to consumer accounts, business accounts are not eligible. Offer available on consumer standard 6- and 12-month certificate of deposit (CD) for a limited time only. APY accurate as of 12/11/2024. Minimum balance $1,000. Salal Rewards Points must be redeemed at the time of application or request to receive the 0.25% interest rate increase on 6- and 12-month CDs. At any time during the term of the 12-month certificate, the member may make a one-time election to adjust the rate to a new, fixed rate based on the rate currently offered for a 12-month certificate. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account.
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