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Certificates of Deposit
A certificate of deposit (CD) lets you grow your money with no market risk at a fixed rate over a set period of time. When the set time period is over, you can choose to withdraw your money or automatically renew. It's the smart and secure way to accelerate your rate!
- Competitive rates
- $500 minimum to open
- Interest payment options for some terms include check or automatic transfer to your Infuze checking or savings
- Ten-day grace period at maturity date with no Infuze CU penalties to withdraw from or close account
Deposits Federally Insured
The NCUA protects the money you have in Infuze Credit Union, a federally insured credit union, up to $250,000 just like the FDIC protects money in a bank account. You may also use the NCUA's Share Insurance Estimator to better understand your coverage.
Managing Your Account is Easy
Visit any of our five branch locations for in-person, friendly service. You may also call and talk to a real person for account information, and enjoy the convenience of Online and Mobile Banking.
Call for Assistance
Call 573.329.3151 to get started. We're here to help!
Visit a Branch
We'd love to talk with you at any branch location.
Send an E-Mail
Send us a message, and we'll get it to an Infuze CU Personal Financial Representative who can assist you.
*APY = Annual Percentage Yield. CD = Certificate of Deposit. Minimum deposit $500. Penalty for early withdrawal. Personal accounts only. Rate available and accurate as of September 7, 2017. Membership required. Ask for details. Federally Insured by NCUA.
What happens when my CD matures?
We will send you a Maturity Notice before your CD’s maturity date. There is a 10-day grace period during which you may renew or close your CD, or make any changes to your CD’s term or amount. The grace period begins on the day after the CD maturity date and runs for ten days (maturity date plus 10 days).
To make changes or close your CD, please contact us, or visit any branch location during the 10-day grace period. If you do not contact us by the end of the 10-day grace period, your CD will automatically renew for another term. The renewal term will begin (retroactively) on the day after the maturity date of the previous CD term. The principal balance for the renewal term will be the total balance in the CD (principal plus the interest that was not previously withdrawn) on the date the CD account is renewed. A confirmation will be sent verifying the renewal terms.
How can I choose my interest disbursement?
The interest you earn on your CD will be added to the principal balance of your CD. If you’d prefer, you can transfer the interest earned to your Infuze Credit Union checking or savings account, or you may request to have a check mailed. Options vary by certificate term.
Will I receive a confirmation when my CD automatically renews?
Yes, you will receive a confirmation when your CD automatically renews. The confirmation will be sent out after the 10-day grace period concludes.
To build a CD ladder, simply open a combination of Infuze Credit Union CDs with varying maturity dates.
For example: If you have $20,000 to invest over four years, you would open a 1, 2, 3, and 4-year CD and fund with $5,000 each. At the end of each term, you would renew the maturing CDs into a new 4-year CD. By choosing to ladder, you are able to take advantage of potentially higher long-term rates.