Certificates of Deposit (CD)
A dependable savings tool for members who want fixed returns and flexible term lengths.
Overview
What is a Certificate of Deposit (CD)?
Certificates of Deposit (CDs) offer a safe and reliable way to save. With a fixed term and competitive dividend rates, CDs reward you for leaving your funds untouched for a specified period. Whether you’re saving for a major goal or just want a better return than your savings account, CDs provide steady growth with flexible term options.
Previously referred to as “Share Certificates” at 802CU. Same great product, now with a more familiar name.
A Base Shares, Youth Savings, or Business account is required to open a CD.
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Smart Savers Certificate of Deposit
Build Stronger Habits With a Flexible, High-Yield CD
Designed to help members grow their savings over time, this 12-month certificate accepts recurring deposits and encourages disciplined savings without online or ATM access.
Youth Savers Certificate of Deposit (CD)
Teach Young Members to Save With a Long-Term CD
Formerly called the Youth Savers Certificate, this CD helps minors learn responsible saving while earning more than a standard savings account. Created for members under 18, this youth-focused CD helps build savings habits with a strong APY and the flexibility to make deposits throughout its 5-year term.
Today’s Rates
All Rates Effective April 1, 2025
Certificates of Deposit (CD)
| Term | Rate | APY | Minimum Balance |
|---|---|---|---|
| 6 months | 1.78% | 1.80% | $500.00 |
7 month special | 3.44% | 3.50% | $500.00 |
| 9 month special | 2.71% | 2.75% | $500.00 |
| 12 months | 1.88% | 1.90% | $500.00 |
| 18 months no-penalty | 1.78% | 1.80% | $500.00 |
| 24 months | 1.93% | 1.95% | $500.00 |
| 802 days | 2.76% | 2.80% | $500.00 |
| 36 months | 1.93% | 1.95% | $500.00 |
| 48 months | 1.98% | 2.00% | $500.00 |
| 60 months | 1.98% | 2.00% | $500.00 |
Formerly known as Share Certificates
Dividends paid monthly.
APY = Annual Percentage Yield
Rates are subject to change at any time. Insured by National Credit Union Administration (NCUA), a U.S. Government Agency. Your savings are federally insured up to $250,000.
Member-Focused. Locally Rooted.
Lock In Your Savings and Watch It Grow
Choose the term that fits your goals, earn higher dividends, and enjoy peace of mind with a secure Certificate of Deposit.
product Benefits
Long-Term Saving, Guaranteed Rewards
Flexible Terms & Fixed Rates
Choose from a variety of terms ranging from 6 to 60 months. Once opened, your rate is locked in for the entire term.
Monthly Dividend Options
Dividends are paid monthly. Choose to reinvest, transfer to another 802CU account, or receive a check by mail.
Higher APY Than Standard Savings
Ideal for members with larger balances, CDs typically offer a more competitive yield than traditional savings accounts.
Clear Early Withdrawal Terms
Withdrawals before the maturity date will incur a penalty: 90-day dividend loss for terms up to 35 months, and 180 days for terms of 36+ months.
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I have been a member for many years at 802 Credit Union. I am always treated with respect and my financial transactions are handled accurately and quickly. The staff all knows me by name.
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Rockingham, VT
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