Our Certificates of Deposit feature peace of mind with fixed interest rates for the term of your certificate. All certificates automatically renew at the then-current rate. This option is great for savers who value consistency. There may be a penalty for early withdrawal.*
We offer three certificate options:
CERTIFICATES of DEPOSIT
- Terms range from 6 months to 4 years
- Minimum opening balance of $1,000
- Interest is credited and compounded monthly
- Redeem 2,500 Salal Rewards Points at time of application or request and receive a 0.25% rate increase.**
CHOICE CERTIFICATE
- 6-month term
- Minimum opening balance of $500
- Additional deposits can be made throughout the term
YOUTH CERTIFICATE
- For members 17 years of age and younger
- 24-month term
- Minimum opening balance of $100
- Additional deposits can be made throughout the term
- Free Mobile & Online Banking for teens age 13 +. These features are not available for children under the age of 13.
*We will send you a maturity notice prior to renewal. Please read it carefully. Withdrawals are allowed at maturity and during the 10-day grace period, but not before, unless we allow it. Early withdrawals may be subject to penalties. **Salal Rewards points cannot be used to increase the interest rates on Youth, Choice, or Promotional Rate Certificates of Deposit.
View Rates and Apply Now