A Better Saving Strategy

Use a CD ladder to build your wealth.

CD Ladder

CD Ladder

Build Your Wealth With a CD Ladder

A CD Ladder is a smart strategy to build your savings while still maintaining annual access to your money and reducing risk. Instead of opening a single CD, open multiple CD accounts with different terms and staggered maturity dates. As each CD matures, you can access your money if you need it or reinvest in a new CD — at what could be a higher rate. Your money keeps earning, but you still have structured access to it if the need arises. Take advantage of higher CD interest rates and earn more on your savings!

Start a CD Ladder

This is how it works:

Let’s say you have $50,000 to invest, and you want your money to work for you.

Step 1:

Open five CD accounts of $10,000 each instead of just one at $50,000.

CD 1 of $10,000 matures in 1 year

CD 2 of $10,000 matures in 2 year

CD 3 of $10,000 matures in 3 year

CD 4 of $10,000 matures in 4 year

CD 5 of $10,000 matures in 5 year

Step 2:

As each CD matures, roll them into a new five-year CD, or you can access your funds.

Step 3:

Watch your money grow


Access Your Cash

As each CD matures, you’ll have the opportunity to access your money if you need to.

Increased Earnings

CD laddering allows you to take advantage of the higher rates that CDs offer. You’ll have annual opportunities to reinvest your money as each CD matures.

Reduced or No Penalties

If you need to access your money, you can wait for one CD to mature or take one CD out and pay a much smaller penalty because your money is spread out.

Member accounts insured up to one-million ($1,000,000) dollars.
* APY = Annual Percentage Yield. Rates accurate as of 10/20/2023 and are subject to change. A $500 minimum deposit required. Limited time offer. An early withdrawal penalty of 2% of the principal balance or 1 year of interest, whichever is less, will apply if any funds are withdrawn from the certificate before the maturity date. Dividends compounded quarterly. Your accounts are insured up to $1,000,000 (one-million dollars) - Federally Insured by NCUA up to $250,000 and backed by the full faith and credit of the United States with additional insurance coverage of up to $750,000 on your account provided by Excess Share Insurance Corporation, a licensed insurance company. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.