How often is interest paid on a USEFCU CD?

Dividends are compounded monthly and added directly to your CD balance.

Can I withdraw money from a CD before it matures?

Yes, but an early withdrawal penalty applies based on your CD's term.

Certificates of Deposit

Q: What happens when my CD matures?

Before maturity, you'll have the opportunity to withdraw your funds, renew your CD, or make changes during the applicable grace period.

Q: Are USEFCU CDs insured?

Yes. Deposits are insured by the NCUA up to $250,000.

Q: What's the difference between a CD and a savings account?

A CD provides a fixed rate for a fixed term, while a savings account provides greater access to your money.

High-Yield Certificates of Deposit (CDs) in Oklahoma City

Maximize your savings with a guaranteed return. USE Federal Credit Union offers high-yield Certificates of Deposit (CDs) designed to help Oklahoma City, Edmond, Moore, and the surrounding OKC Metro residents reach their financial goals safely.

Term	Minimum Balance Requirement	Annual Percentage Yield (APY)
6 Months	$500 - $100,000+	3.25%
12 Months	$500 - $100,000+	3.75%
14 Months (Special)	$25,000+	4.35%
24 Months	$500 - $100,000+	3.50%
36 Months	$500 - $100,000+	3.25%
48 Months	$500 - $100,000+	3.25%

Rates are effective as of 10/14/2026.

Key features of USEFCU certificate accounts

Low Minimum Openings: Start earning standard high-yield rates with a minimum deposit of just $500.
Flexible Term Windows: Choose terms ranging from 6 to 48 months to align with your personal financial milestones.
NCUA Insured Security: Every USEFCU certificate is federally insured up to $250,000 by the National Credit Union Administration (NCUA).
Guaranteed Yields: Lock in a fixed dividend rate that will not fluctuate, regardless of market volatility.

What is the minimum deposit to open a CD at USE Federal Credit Union?

Standard CDs require a $500 minimum deposit. CD Specials require a $25,000 minimum deposit.

How often is interest paid on a USEFCU Certificate of deposit (CD)?

USEFCU CD dividends are compounded and paid monthly directly into your certificate balance. This monthly compounding schedule allows your initial savings to grow continuously throughout your selected term.

Can I withdraw money early from my CD?

Yes, you can withdraw principal early, subject to an early withdrawal penalty. The specific penalty fee depends directly on the length of your certificate term. Review your specific account disclosure for your exact term penalty details before making an early withdrawal.

What happens when my CD matures?

At maturity, your certificate automatically renews for the same term length at the current prevailing interest rate. USEFCU provides a 10-day grace period immediately following maturity during which you can withdraw funds or alter your term penalty-free.

Are USEFCU CDs insured?

Yes. Deposits are insured by the NCUA up to $250,000, the same level of protection as FDIC insurance at a bank.

What's the difference between a CD and a savings account?

A CD locks in a fixed rate for a fixed term in exchange for a higher APY than a standard savings account, but your money isn't as accessible. Early withdrawals carry a penalty. A savings account offers lower rates but full flexibility.

Who is eligible to open a Certificate of deposit (CD)?

Virtually anyone is eligible for membership and can open a high-yield certificate account today.

Interested? Let's Get Started!

All certificate dividends are compounded monthly. Rates shown are APY (Annual Percentage Yield). Unless otherwise indicated, the minimum amount for certificates is $500. The minimum deposit for any CD Specials is $25,000. Fees may reduce earnings. For all accounts, the amount of the early withdrawal penalty for your accounts is based on the term of your account. The penalty schedule is as follows: 6 month terms = 90 day's dividends; 12/24 month term = 180 days' dividends; 36/48 month terms = 360 days' dividends