Don’t Chase Rates – Move your money into a Bridge Credit Union CD (Certificate of Deposit). Being a Bridge Credit Union member is all it takes. You can count on us shopping the market to bring you the most competitive rates.
With a Certificate of Deposit (CD), your money works harder so you can plan for the future with confidence. Pick a term length that matches your financial goals and lock in a reliable, fixed rate today.
You can open a certificate online, over the phone, or in person.
Benefits of CD
We continually monitor our rates and change them as appropriate. Check back regularly for updates.
A CD is a type of savings account. You deposit a lump sum of money for a fixed amount of time with a fixed interest rate. They are attractive because they typically have a higher interest rate than a regular savings account, and they are less risky than the unexpected fluctuations with stocks and bonds.
Are there any fees or penalties?
When you open a CD, you agree to leave your money in the account for a fixed amount of time to avoid a penalty. There usually are no monthly fees to keep a CD open.
What are the terms?
The terms for CDs can range from 3 months, and sometimes up to 5 years, depending on the financial institution. You are not allowed to add more money after you open the account, however you can own multiple CD accounts with different terms.
How much money should I put into a CD?
The amount you invest depends on your savings goals. It’s always a good idea to add in more money than just the required minimum, if possible.
According to NerdWallet, “some CDs have an unusual feature, such as a no-penalty CD that doesn’t charge for early withdrawals or a bump-up CD that allows for a rate increase during a term.” https://www.nerdwallet.com/article/banking/cd-certificate-of-deposit
There are also IRA CDs (Individual Retirement Account) and Jumbo CDs (require a large minimum deposit). Banks and credit unions offer a variety of specialty CDs with different structures and rules.
When a CD reaches the end of its set term, it has matured (expired). Once maturity of the cd happens, you typically have a grace period to withdraw the money. After the grace period is over, most CDs automatically renew for the same or similar term as when you first opened it. Keep in mind the rate may be based on the rate for new CDs of that term, and not necessarily the rate of your original CD.
You can open a certificate online, over the phone, or in person.
Get more value out of your membership with ConnectMORE. The more services you use, the more rewards you get such as lower loan rates, higher savings rates, and other great perks.
Learn More
APY=Annual Percentage Yield. Rates are subject to change without notice. Penalties apply for early withdrawal and will reduce earnings. Certificates automatically renew at maturity at the prevailing rate for the same term length unless otherwise directed. Federally Insured by NCUA.
© 2026 Bridge Credit Union | Central Ohio Credit Unions.
Site Crafted By Robintek: Credit Union Website Design
