Certificates of Deposit

Amplify your savings.

Once you have some savings established, take things to the next level with a Certificate of Deposit (CD). Choose the period of time you’re comfortable with because there is a penalty assessed if you withdraw money from your CD early. Once you’ve decided on this period of time (also called a “term”) and open the Certificate, you’ll earn a higher rate of return than with a regular savings account—the longer the term, the higher the interest yield.

Here’s what you’ll receive from our Certificates of Deposit:

• Terms from three months to five years
• Minimum deposits starting at just $1,000
• Dividends that are posted quarterly
• Automatic renewal (optional) of your Certificate(s) upon maturity

If you choose automatic renewals, your Freedom Northwest Certificates of Deposit will renew automatically at our best current rate for the given term. Unlike other institutions that play “gotcha” by rolling over certificates of deposit to a lower default rate than they are currently offering their new Certificate of Deposit customers, our stance is clear; we don’t play games! Our members get the best current deal at each roll over.

Turn up the volume on your interest-earning capabilities by coming to any Freedom Northwest location or give us a call to open your Certificate(s) of Deposit today. Helping you reach your savings goals faster is music to our ears.