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Certificates of Deposit
The set-it-and-forget-it way to increase your savings.
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!
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New CD Promo
For a limited time, earn 4.25% APY* on a 9 month Certificate of Deposit
Start the year with a fresh financial goal that’s easy to achieve. Earn a guaranteed 4.25% APY* for 9 months and watch your savings grow steadily by next fall:
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Deposit $500 or more
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4.25% APY* guaranteed for 9 months
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Limited time offer
Learn more here
Disclosure:
*APY = Annual Percentage Yield. The dividend rate effective as of December 4, 2024 is 4.170%. $500 minimum deposit is required. Auto-renews to 12-month CD at eligible tiered rate upon maturity. Early withdrawal penalty may apply. Limited time offer, subject to change without notice. First Alliance Credit Union is Federally insured by NCUA. -
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Certificate of Deposit Rates
Business & Consumer Rates for CDs
Opening a Certificate of Deposit at First Alliance requires a minimum initial deposit of $500.00.
CD Rates for balances between $500.00 - $49,999.99
Term
Dividend Rate APY** 6 Month 2.720% 2.750% 12 Month 2.720% 2.750% 18 Month 2.620% 2.650% 24 Month 2.620% 2.650% 30 Month 2.470% 2.500% 36 Month 2.470% 2.500% 48 Month 2.470% 2.500% 60 Month 2.470% 2.500% Jumbo CD Rates for balances between $50,000.00 - $99,999.99
Term
Dividend Rate APY** 6 Month 2.810% 2.850% 12 Month 2.810% 2.850% 18 Month 2.720% 2.750% 24 Month 2.720% 2.750% 30 Month 2.570% 2.600% 36 Month 2.570% 2.600% 48 Month 2.570% 2.600% 60 Month 2.570% 2.600% Jumbo CD Rates for balances of $100,000.00 and above
Term
Dividend Rate APY** 6 Month 2.860% 2.900% 12 Month 2.860% 2.900% 18 Month 2.760% 2.800% 24 Month 2.760% 2.800% 30 Month 2.620% 2.650% 36 Month 2.620% 2.650% 48 Month 2.620% 2.650% 60 Month 2.620% 2.650% Effective August 8, 2024
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.
Rates for IRA Certificates of Deposit
Opening an IRA Certificate of Deposit at First Alliance requires a minimum initial deposit of $500.00.
IRA Rates for balances between $500.00 - $49,999.99
Term Dividend Rate APY** 12 Month 2.720% 2.750% 18 Month 2.620% 2.650% 24 Month 2.620% 2.650% 30 Month 2.470% 2.500% 36 Month 2.470% 2.500% 48 Month 2.470% 2.500% 60 Month 2.470% 2.500% Jumbo IRA Rates for balances between $50,000.00 - $99,999.99
Term
Dividend Rate APY** 12 Month 2.810% 2.850% 18 Month 2.720% 2.750% 24 Month 2.720% 2.750% 30 Month 2.570% 2.600% 36 Month 2.570% 2.600% 48 Month 2.570% 2.600% 60 Month 2.570% 2.600% Jumbo IRA Rates for balances of $100,000.00 and above
Term
Dividend Rate APY** 12 Month 2.860% 2.900% 18 Month 2.760% 2.800% 24 Month 2.760% 2.800% 30 Month 2.620% 2.650% 36 Month 2.620% 2.650% 48 Month 2.620% 2.650% 60 Month 2.620% 2.650% Effective August 8, 2024
*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. -
Benefits of a Certificate of Deposit
A Certificate of Deposit at First Alliance Credit Union offers you many benefits including:
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Fixed interest rate for the CD term
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Flexible terms of up to 60 months
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Minimum deposit is only $500.00
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No monthly service fees or charges
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Auto-renewal options are available
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Youth/Teen Certificate of Deposit options
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Certification of Deposit FAQs
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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