High-Yield CD rates in Oklahoma City
Know exactly what your savings will earn. Our certificates of deposit (share certificates) lock in a fixed rate for 6 to 48 months, so you can plan the down payment, the trip, or the cushion with confidence. Open one at any of our branches across Greater Oklahoma City, including Midwest City, Moore, and Edmond.
Pick a term that fits your plans
- 6 months: for money you’ll need soon.
- 12-14 months: for a goal about a year out. Our 14-month CD Special starts at $25,000.
- 24 months: a middle path for plans about two years out.
- 36-48 months: for long-range plans, with a rate locked in.
How to open a CD
Stop by any USEFCU branch and a team member will help you open your CD in minutes. Not a member yet? Membership is open to virtually anyone, and we can set that up at the same visit.
Find a branch near you or call 405-685-6200.
CD FAQs
What is a CD at a credit union?
A CD, also called a share certificate, holds your money for a set term at a fixed rate, usually higher than a regular savings account. USEFCU CDs are insured by the NCUA, and your rate won’t change during the term.
How do I open a CD at USEFCU?
Visit any USEFCU branch in the Oklahoma City area. We’ll help you open one in person. Standard CDs start at $500, and CD Specials start at $25,000.
Who can open a CD?
Virtually anyone can join USEFCU and open a CD. If you’re not a member yet, we can set up your membership at the same visit.
Are USEFCU CDs insured?
Yes. The NCUA insures deposits up to $250,000, the same level of protection as FDIC insurance at a bank.
What happens if I withdraw early?
You can withdraw early, but a penalty applies: 90 days of dividends on 6-month terms, 180 days on 12- and 24-month terms, and 360 days on 36- and 48-month terms.
What happens when my CD matures?
It renews automatically for the same term at the current rate. You have a 10-day grace period after maturity to withdraw funds or change terms without penalty.
What’s the difference between a CD and a savings account?
A CD pays a fixed rate for a set term in exchange for less flexibility. A savings account has a lower rate but lets you withdraw anytime.
How much will a CD earn?
A $10,000 deposit in our 12-month CD at 3.75% APY earns about $375 over the term. Your earnings depend on the amount and term you choose. The 14-month Special pays 4.35% APY on balances of $25,000 or more.
Which credit unions in Oklahoma City offer CDs?
Several do. When comparing, look at the APY, term lengths, minimum deposit, early withdrawal penalty and insurance. USEFCU offers 6- to 48-month CDs starting at $500, NCUA-insured, and you can open one at any of our Oklahoma City-area branches.
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 days' dividends; 12/24 month term = 180 days' dividends; 36/48 month terms = 360 days' dividends