Best Certificate of Deposit (CD) Rates in Frankfort, Indiana
Saving money should be simple, secure, and rewarding. That’s exactly what a Certificate of Deposit (CD) offers—a fixed rate of return, guaranteed growth, and peace of mind knowing your funds are safe. At Encompass Credit Union, members in Frankfort, Indiana, can access some of the best CD rates in the area, making it easier to reach both short-term and long-term financial goals while staying connected to a trusted, local credit union.
What Is a Certificate of Deposit?
A Certificate of Deposit (CD) is a savings product that allows you to set aside funds for a fixed period in exchange for a guaranteed rate of return. Unlike regular Savings Accounts, CDs reward you with higher rates because your money remains untouched for the agreed term.
Whether you’re saving for a big purchase, setting aside funds for retirement, or simply want the peace of mind that comes with guaranteed growth, a Certificate of Deposit in Frankfort, IN, is an excellent choice. CDs offer:
Guaranteed interest earnings
Safety backed by NCUA insurance
Flexible term options to fit your financial goals
Why Choose a CD in Frankfort, Indiana?
Living in a close-knit community like Frankfort means having access to financial institutions that prioritize people above all else. Choosing a CD at Encompass CU isn’t just about earning competitive rates—it’s about banking with neighbors who care about your success.
With high-yield CD rates in Frankfort, members can grow their savings while staying connected to a local credit union that reinvests in the community. Unlike big financial institutions, we’re here to serve members, not shareholders.
Encompass CU CD Options & Benefits
At Encompass CU, our CDs are designed to give members a secure way to save and grow their money. With a variety of terms and competitive rates, you can find the option that matches your timeline and goals.
Benefits of choosing a CD with Encompass CU:
Fixed rates for guaranteed returns
Flexible terms to fit your savings plan
NCUA-insured for peace of mind
Competitive local rates compared to traditional savings
You can explore available CD terms and rates at any time on our Rates & Fees page. For more details on Savings Account options, visit our Savings Accounts page.
Types of CDs Available at Encompass Credit Union
We provide members with several ways to save through CDs:
Short-term CDs – Great for those who want quicker access to funds while still earning more than a regular Savings Account.
Long-term CDs – Ideal for locking in higher rates over a longer period.
Regardless of your goal, you’ll find a CD option at Encompass that suits your needs.
How to Open a CD With Encompass
Opening a CD with Encompass Credit Union is quick and straightforward:
Become a member if you’re not already.
Choose your preferred CD term and deposit amount.
Open your account in person.
If you’re ready to get started, explore your options on our Savings Accounts page, compare current Rates & Fees, or contact us with any questions.
Membership Eligibility: Who Can Join Encompass Credit Union?
Becoming a member of Encompass Credit Union is straightforward, and it unlocks a range of benefits, including CDs, savings, and more. Membership is available to individuals who live, work, worship, or attend school in Tipton and Clinton Counties and surrounding communities. Immediate family members and household members of current members are also eligible.
Learn more about who we are and how we serve our members on our About Us page.
Secure Your Future With a CD from Encompass Credit Union
When it comes to finding the best CD rates in Frankfort, Indiana, Encompass is here to help you make the most of your savings. With competitive rates, flexible terms, and the security of a trusted local credit union, your money will work harder for you. Take the next step toward financial growth and open a Certificate of Deposit with Encompass Credit Union today.