Certificates of Deposit at Encompass Credit Union

Securing a good return on your savings is crucial for achieving financial goals. Encompass Credit Union, a trusted financial institution in Indiana, offers competitive Certificates of Deposit (CDs) to help you securely grow your money.

What is a Certificate of Deposit?

A Certificate of Deposit is a reliable savings tool with a fixed term and interest rate. When you invest in a CD, you agree to lock in your money for a predetermined period (ranging from months to years). In return, you earn a guaranteed interest rate that's typically higher than traditional Savings Accounts. This makes CDs a low-risk option for steadily growing your savings. Learn more about our current CD rates.

Benefits of a Certificate of Deposit

CDs offer several advantages:

  • Guaranteed Returns: Unlike the unpredictable stock market, CDs provide a fixed interest rate, ensuring a specific return on your investment

  • Higher Interest Rates: Compared to standard Savings Accounts, CDs typically offer more attractive interest rates, helping you maximize your savings growth

  • Security and Stability: CDs are federally insured by the National Credit Union Share Insurance Fund (NCUSIF) for up to $250,000 per depositor, offering peace of mind for your investment

  • Goal-Oriented Savings: CDs are a perfect tool for saving towards goals such as a down payment on a house, a child's education, or a comfortable retirement

Why Choose Encompass Credit Union?

Encompass Credit Union stands apart from traditional banks by offering a more personalized and member-centric approach. We take pride in building relationships with our members, providing competitive CD rates, and supporting our local community.

Want More from Your Money?

Check out our current CD rates. If you aren't already a member, applying is easy! Get started on your membership application and open a CD with Encompass Credit Union today. We're confident you'll appreciate the difference a credit union can make. Don't hesitate to contact us if you have any questions.