CD Share Certificates
6 Month Certificate
- Guaranteed return
- No deposit limit
- Federally insured
- 4.75% APY⏤balances $100,000+
Apply via your existing account
Apply nowNew to Direct?
Start your application hereSecure Your Savings, Guaranteed Returns
- High Fixed Interest Rates: Earn guaranteed returns with competitive fixed interest rates.
- Flexible Terms: Choose from a variety of terms to match your savings goals.
- Safe and Secure: Enjoy the peace of mind that comes with federally insured deposits.
- Automatic Renewal: Opt for automatic renewal to continue growing your savings effortlessly.
Key Features
Steady Growth
Dividends Compounded
No Monthly Fees
Withdraw Dividends
Federally Insured
CD Share Certificates
- New Money Only
Apply via your existing account
Apply nowNew to Direct?
Start your application hereServices
Digital Banking
Speak with our Relationship Banking Team
Glossary
The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000.
Additionally, a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects members’ IRA and KEOGH retirement accounts up to $250,000 and provides additional coverage for members’ trust accounts.
The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit Union members have never lost even a penny of insured savings at a federally insured credit union.
Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.
Credit unions are among the most well-capitalized financial institutions, maintaining equity reserves and investments that prioritize needed safety and soundness for their members.
Direct Federal is no exception to this. Our conservative balance sheet management and strong capital position makes us significantly different from financial institutions in the news.
Frequently Asked Questions
We are federally Insured by the NCUA. The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage in individual accounts.
The Share Insurance Fund also separately protects members’ IRA accounts up to $250,000 and provides additional coverage for members’ trust accounts.
The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.
Funds cannot be added to an existing CD Share Certificate.
Monthly dividends are available for withdrawal without penalty.
CD dividends are compounded daily and posted monthly.
If you are an existing member, the easiest way to check the status of an application is through the Application Center within Digital Banking.
If you are not a member, please visit our Application Status Center.
At maturity, Share Certificates (CD) will rollover into the same term at the current rate being offered, unless Direct Federal is notified prior to maturity or during the 7-day grace period.
Dividends start to accrue on the date the account is funded.
IRA CDs
IRA Fixed Rate CDs
- Individual Retirement Account
- Choose from any of our terms
- 3-60 month terms
- Traditional and Roth Available
IRA Variable Rate CDs
- Individual Retirement Account
- 24 Months
- Traditional and Roth available
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