Certificate of Deposit Savings

Certificates of Deposit (CDs) are great tools for investing your money and are very simple to understand.

• You agree to keep your money on deposit at the credit union for a specific length of time.
• We pay you an interest rate that is higher than our regular savings accounts, as a thank you!
• CDs can be used to save for both long and short-term financial goals. 

First Alliance offers many benefits with our CDs:

• Fixed interest rates, starting at 0.85% APY*
• Flexible terms from 6 to 60 months
• Minimum deposit is only $500.00
• No monthly service fees or charges
• Auto-renewal options are available
• Youth/Teen Certificate of Deposit options

We encourage you to discuss your goals with us so we can help you determine the best savings option for you. No judgment, just answers and guidance. For more information, contact a Member Advisor at 507-288-0330 or via email hello@firstalliancecu.com.

*APY = Annual Percentage Yield. The dividend rate effective as of May 28, 2019 is 2.48% APR. Rate applies to new funds to the credit union only. $500 minimum deposit is required. Early withdrawal penalty may apply. Limited time offer, subject to change without notice. First Alliance Credit Union is Federally Insured by NCUA.