CDs
Earn higher yields with a savings option that delivers guaranteed growth
With a fixed rate, your savings can reach a higher level
Easy to start
Invest with a $500 minimum opening balance for regular CDs, $10,000 for Jumbo CDs.
Various terms
Choose from 6, 12, 24 or 36 months.
Multiple options
Custodial CDs are available for children and grandchildren while IRA CDs help you save for retirement.
The power of compounding
Dividends are compounded and credited monthly to your CD.
Automatic renewal
There's a seven-day grace period once your CD matures and then it renews.
Federally insured
Your deposits are insured to at least $250,000 by the National Credit Union Administration.
Make your money do more
If you have at least $500 you can set aside for several months or several years, investing in one of our many CDs is a great way to accumulate more savings compared to other accounts. By leaving your money on deposit for the CD's full term, you'll maximize your savings at a fixed rate. Typically, the longer your term, the higher your rate. When the CD matures, you can withdraw your increased balance to use for any purpose, or reinvest the money in another certificate and continue its growth.
Certificate of Deposit Rates
| Account Type | APY | Compounded & Credited | Minimum Balance to Open | |
|---|---|---|---|---|
| 7 Month Promotional CD | 3.95% | Monthly | $500 | Open an Account |
| 14 Month Promotional CD | 4.15% | Monthly | $500 | Open an Account |
| 6 Month Standard CD | 3.70% | Monthly | $500 | Open an Account |
| 12 Month Standard CD | 3.90% | Monthly | $500 | Open an Account |
| 24 Month Standard CD | 3.60% | Monthly | $500 | Open an Account |
| 36 Month Standard CD | 3.75% | Monthly | $500 | Open an Account |
| 6 Month Jumbo CD | 3.70% | Monthly | $10,000 | Open an Account |
| 12 Month Jumbo CD | 3.90% | Monthly | $10,000 | Open an Account |
| 24 Month Jumbo CD | 3.60% | Monthly | $10,000 | Open an Account |
| 36 Month Jumbo CD | 3.75% | Monthly | $10,000 | Open an Account |
*APY=Annual Percentage Yield. APY assumes principal and interest remain on deposit for the full term. Early withdrawal penalties may apply if any portion of the principal is withdrawn prior to maturity. Interest earned may be withdrawn at any time without penalty. If a CD is closed before the accrued interest is credited, accrued interest will be paid.
**
The following terms apply to the 7-Month and 14-Month Special Promotional Certificates. Minimum balance to open is $500. New money only; funds may not already be on deposit in a Point Breeze account. Interest is compounded and credited monthly. At the conclusion of the 7-month special offer period, the CD will automatically renew for a 6-month term and will thereafter renew for successive 6-month terms. At the conclusion of the 14-month special offer period, the CD will automatically renew for a 12-month term and will thereafter renew for successive 12-month terms. The APY for renewal term(s) will be the APY in effect at the time of renewal. Point Breeze Credit Union reserves the right to change or terminate this limited-time offer without notice. Offer not available to financial institutions.
Point Breeze Credit Union is a full-service financial institution with locations throughout Maryland.