April is Financial Literacy Month! All month long, we’ll be sharing helpful financial tips and insights. Today, let’s dive into Certificates of Deposit (CDs) and how they can benefit you.

What are CDs? CDs are a safe and reliable way to grow your money with guaranteed interest rates for a fixed period. They often offer higher interest rates than regular savings accounts, so instead of letting your money sit idle, consider investing it in a CD! Keep in mind that once you select a term, your money will be locked in for that duration. After the term ends, you can either withdraw your funds or roll them over into a new CD! Check out our rates under the “Share & Deposit Rates” tab.