Certificates (CDs)

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It's how smart savers make good use of their time

Some investments require constant attention and shifting of funds. In contrast, a Certificate of Deposit (CD) is low maintenance – and high earning. Choose a savings period that aligns with your future plans, lock in a money-making rate, and watch your balance steadily grow month by month as you take care of everything else in your life.

CDs offer solid earnings for everyday savings and retirement plans
Longer terms usually will earn higher rates
Your deposit is protected, though early withdrawals may reduce interest
We’ll notify you 25 days before your CD matures
You’ll have 7 days after maturity to share your plans, otherwise, we’ll renew it into a similar CD

Effective Date: June 04, 2026
Minimum Opening Balance	Term	Interest Rate	APY*
$500 +	13 Months	3.68%	3.75%

*APY = Annual Percentage Yield. The Annual Percentage Yield assumes interest remains on deposit until maturity. Open with a minimum of $500 from sources outside of Ideal. If combining with existing funds deposited at Ideal, a minimum of $5,000 in additional new money is required. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis. Certificate Special is available as a traditional or IRA CD. Penalty for early withdrawal - CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings.

Effective Date: June 04, 2026
Term²	$500.00 - $24,999.99 APY¹	$25,000.00 - $69,999.99 APY¹	$70,000.00 + APY¹
3 Month	3.00%	3.00%	3.00%
6 Month	3.50%	3.50%	3.50%
12 Month	3.60%	3.60%	3.60%
18 Month	3.00%	3.00%	3.00%
24 Month	3.00%	3.00%	3.00%
30 Month	3.50%	3.50%	3.50%
36 Month	3.00%	3.00%	3.00%
48 Month	3.00%	3.00%	3.00%
60 Month	3.00%	3.00%	3.00%

1. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis.

2. Penalty for early withdrawal. CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings.

With a Savers CD, you can make additional deposits during the term of the Certificate to boost your savings even more.

Effective Date: June 04, 2026
Minimum Opening Balance	Term²	Interest Rate	APY¹
$100	6 Month	1.05%	1.06%
$100	12 Month	1.45%	1.46%
$100	18 Month	2.60%	2.64%
$100	24 Month	2.60%	2.64%
$100	30 Month	2.60%	2.64%
$100	36 Month	2.60%	2.64%
$100	48 Month	2.60%	2.64%
$100	60 Month	2.60%	2.64%

1. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis.

2. Penalty for early withdrawal. CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings.

Does the credit union charge a penalty for early withdrawal of my money from a CD?

Yes. For terms over 12 months, the penalty is the lesser of 180 days’ interest or total interest earned. For terms of 12 months or less, it’s the lesser of 90 days’ interest or total interest earned.

How can I find CD rates?

Visit our rates page to view current CD, loan and deposit rates (idealcu.com/rates).

How much time do I have to do I have to renew or close my account when my CD matures?

You have a 7-day grace period after maturity to make changes, deposit or withdraw funds or close the account.

How much time do I have to will it take to open a CD?

About 15–30 minutes.

Certificates (CDs)

It's how smart savers make good use of their time

13-Month New Money Certificate Special

Regular & IRA Certificate Rates

Savers Certificate Rates

Frequently Asked Questions