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Certificates of Deposit

Choose a limited-time special CD or one of our more traditional CD options. And watch your savings grow, faster.

CD Plus

A limited time CD Plus account could help you meet your next savings goal. Whether you’re planning for an exciting future purchase, or just want to give your savings an added boost. Open your CD Plus account through Online Banking by clicking below, visit a branch, or call 888.267.7200.

Choose the limited time CD Plus account that works for your savings goals.

Interest
10 Month - CDPlus APY1
5 Month - CDPlus5 APY1
Minimum to open
$500.00
Add Account More Details

10-MONTH CD PLUS

Term: 10 months

Converts to a 12-month regular CD upon maturity

No monthly service fee

Early closing penalty:

  • 90 days interest penalty for 10-month CD Plus

Automatic renewal


5-MONTH CD PLUS

Term: 5 months

Converts to a 6-month regular CD upon maturity

No monthly service fee

Early closing penalty:

  • 90 days interest penalty for 5-month CD Plus

Automatic renewal

IRA CD Plus

Save more with a limited time IRA CD Plus account. Decide if a traditional, Roth, inherited, or Coverdell IRA CD Plus aligns better with your savings goal. And choose the term option that works for you. Visit any branch to open this account.

Choose the IRA CD Plus account that works for your savings goals.

Interest
10 Month - IRACDPlus APY1
5 Month - IRACDPlus5 APY1
Minimum to open
$500.00
Find Branch More Details

10-MONTH CD PLUS

Term: 10 months

Converts to a 12-month regular IRA CD upon maturity

No monthly service fee

Early closing penalty

  • 90 days interest penalty for 10-month IRA CD Plus

Automatic renewal


5-MONTH CD PLUS

Term: 5 months

Converts to a 6-month regular IRA CD upon maturity

No monthly service fee

Early closing penalty

  • 90 days interest penalty for 5-month IRA CD Plus

Automatic renewal

84%

Certificate of Deposit

Set a little money aside and forget about it. It'll look even better when you see it again.

Interest
Up to CD APY1
Minimum to open
$500.00
Add Account More Details

Term: 3-72 months

No monthly service fee

Deposits allowed during maturity and 10-day grace period

No ATM/Debit Card

Early closing penalty

  • 90 days interest penalty for 3-23 month CDs
  • 180 days interest penalty for 24-72 month CDs

Automatic renewal

Tiered interest rate based on balance

Aspire CD

There’s power in your dreams. In your goals for the future. And in your aspirations for a brighter tomorrow. An Aspire CD is a goal-based account that makes it possible to build your savings by making deposits of $10 or more. If you reach your goal before the term is up, you can close your CD or set a new goal to continue saving!

Interest
AspireCD APY1
Minimum to open
$50.00
Add Account More Details

Set a savings goal (minimum of $500) and make your initial deposit of at least $50 when you open your Aspire CD. If you meet your goal before the term is up, you can close your Aspire CD without incurring an early closing penalty. Or you can make a partial withdrawal (keeping at least $50 in the account) and set a new savings goal; you can do this up to two times within a 12-month period.

Term: 24 months

No monthly service fee

Maximum balance $10,000

Additional deposits allowed of $10 or more

Early closing penalty if goal is not met or if two withdrawals have already been completed within the last 12 months

  • 180 days interest penalty

Automatic renewal

46%

Save To Win

Every $25 deposit (up to 100/month) gives you a chance to win a quarterly or monthly cash prize. 

Interest
SaveToWin APY1
Minimum to open
$25.00
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Term: 12 months

No monthly service fee

Additional deposits allowed

Early closing penalty

  • $25 fee

One withdrawal allowed per term; $25 fee

No maximum balance or deposit amount

No maximum or minimum withdrawal

Automatic renewal

Raffle Rules

Truth-In-Savings Disclosure

Save to Win official website3

 IRA CD

Go the Traditional route or do something a little different with a Roth IRA CD.

Interest
Up to IRACD APY1
Minimum to open
$500.00
Find a Branch More Details

Term: 3-72 months

No monthly service fee

Total contributions to all of your Traditional and Roth IRAs cannot exceed $7,000 (or $8,000 at age 50 or older)

Penalty for withdrawals before age 59 ½

  • 90 days interest penalty for 3-23 month CDs
  • 180 days interest penalty for 24-72 month CDs

Roth IRA

  • No mandatory distribution

Traditional IRA

  • Mandatory distribution at age 73

Automatic transfers allowed

Tiered interest rate based on balance

1APY = Annual Percentage Yield. Rates as of UniversalEffectiveDate and are subject to change.

2New money includes cash, cashier's checks, a check from another financial institution, and funds from direct deposits, wires, and ACH transactions deposited to a Lake Trust account within the last 30 days.

3Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third party websites. In addition, the site's privacy policies may differ from those of Lake Trust.