fbpx
Salal Credit Union

Certificates of Deposit

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