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Certificates of Deposit (CDs) are great tools for saving your money and are simple to understand. You agree to keep your money on deposit at the credit union for a specific length of time. Then, 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!
| Term | Dividend Rate | APY | Minimum Deposit to Open |
|
10 Month |
4.17% |
4.25%* |
$500 |
|
11 Month |
4.65% |
4.75%** |
$25,000 |
*APY = Annual Percentage Yield. The dividend rate effective as of July 18, 2023 is 4.17%. $500 minimum deposit is required. Auto-renews to 12 month CD at base rate upon maturity. Limit one promotional CD per membership. Early withdrawal penalty may apply. Limited time offer, subject to change without notice. First Alliance Credit Union is Federally Insured by NCUA.
**APY = Annual Percentage Yield. The dividend rate effective as of May 15, 2023 is 4.65%. $25,000 minimum deposit is required. Auto-renews to 12 month CD at base rate upon maturity. Limit one promotional CD per membership. Early withdrawal penalty may apply. Limited time offer, subject to change without notice. First Alliance Credit Union is Federally Insured by NCUA.
Opening a Certificate of Deposit at First Alliance requires a minimum initial deposit of $500.00.
|
Term |
Dividend Rate | APY** |
| 6 Month | 1.980% | 2.000% |
| 12 Month | 2.080% | 2.100% |
| 18 Month | 2.130% | 2.150% |
| 24 Month | 2.180% | 2.200% |
| 30 Month | 2.230% | 2.250% |
| 36 Month | 2.470% | 2.500% |
| 48 Month | 2.620% | 2.650% |
| 60 Month | 2.720% | 2.750% |
Effective June 27, 2023
Like what you see? Calculate your compound interest here.
**APY=Annual Percentage Yield. All rates are subject to change without notice. Early withdrawal penalties may apply. Consult your Truth-In-Savings disclosure for complete details.
Opening an IRA Certificate of Deposit at First Alliance requires a minimum initial deposit of $500.00.
| Term | Dividend Rate | APY** |
| 12 Month | 2.080% | 2.100% |
| 18 Month | 2.130% | 2.150% |
| 24 Month | 2.180% | 2.200% |
| 30 Month | 2.230% | 2.250% |
| 36 Month | 2.470% | 2.500% |
| 48 Month | 2.620% | 2.650% |
| 60 Month | 2.720% | 2.750% |
Effective June 27, 2023
*Consult your tax adviser.
**APY=Annual Percentage Yield. All rates are subject to change without notice. Early withdrawal penalties may apply. Consult your Truth-In-Savings disclosure for complete details.
A Certificate of Deposit at First Alliance Credit Union offers you many benefits including:
Are you still considering a Certificate of Deposit as an option for meeting your savings goals? Explore these free articles to learn more about CDs to help you make smart choices about how to manage your money!
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