A CD is a certificate of deposit. CD’s are a low risk investment in which you are paid interest quarterly to keep funds on hold in your account for a set term. Our CD terms vary from 6 months to 5 years. Each term has a different dividend rate for you to earn from the funds on hold. Because the funds are on hold, it is not easily accessible to spend; making it a good way to save!
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What is a CD and how does it work?
May 21, 2019 in
Next Steps
There are many resources available from Peninsula Credit Union to help you take steps to securing your financial future. Here are just a few:
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