MORE DETAILS
Term: 7 months
Converts to a 6-month regular CD upon maturity
No monthly service fee
Early closing penalty
90 days interest penalty for 7-month CD Plus
Automatic renewal
Certificates of Deposit
Work toward your savings goals with a Certificate of Deposit (CD) account. Deposit funds for a set length of time and earn interest at a steady rate. Helping your savings grow faster.
- Personal
- CD Accounts
Save smarter for your future goals.
Save smarter for your future goals.
Let your savings work harder for you with a CD account. Choose a traditional CD or an IRA CD to help boost your retirement savings. Deposit a set amount and earn a higher interest rate over a predetermined time frame. The higher interest rate can help your money grow faster.
Visit our Financial Wellbeing Library to learn more about how a CD can support your savings goals.
CD Plus: 7-month 3.85% APY1
Whether you’re saving for a fall getaway, home projects, or you just want to boost your savings, a CD Plus could help you get there.
Open your CD Plus online, at any Lake Trust relationship center, or by calling us at 888.267.7200 and speaking with a team member.
INTEREST
3.85% APY1
MINIMUM TO OPEN
$500.00
CD Plus: 13-month 3.90% APY1
Kick off 2027 with more savings when you open a 13-month CD Plus account now. Choose and amount of $500 or more that you'd like to set aside for 13 months. After this time, you can use the funds from your CD Plus however you'd like, whether you have a big purchase in mind or just want to add to your savings.
You can open your CD Plus online, at any Lake Trust branch, or by calling us at 888.267.7200 and speaking with a team member.
INTEREST
3.90% APY1
MINIMUM TO OPEN
$500.00
MORE DETAILS
Term: 13 months
Converts to a 12-month regular CD upon maturity
No monthly service fee
Early closing penalty
90 days interest penalty for 13-month CD Plus
Automatic renewal
IRA CD Plus: 7-month 3.85% APY1
Save more toward the future with a 7-month IRA CD Plus. Choose the IRA option that works best with your situation: traditional, Roth, inherited, or Coverdell. Then, choose an amount of $500 or more to open the account. Visit any Lake Trust relationship center to open your IRA CD Plus.
INTEREST
3.85% APY1
MINIMUM TO OPEN
$500.00
MORE DETAILS
Term: 7 months
Converts to a 6-month regular IRA CD upon maturity
No monthly service fee
Early closing penalty
90 days interest penalty for 7-month IRA CD Plus
Automatic renewal
IRA CD Plus: 13-month 3.90% APY1
Save more toward the future with a 13-month IRA CD Plus account. Decide if a traditional, Roth, inherited, or Coverdell IRA CD Plus aligns better with your savings goal. Then, choose an amount of $500 or more that you'd like to set aside for 13 months.
Visit any Lake Trust branch to open your IRA CD Plus.
INTEREST
3.90% APY1
MINIMUM TO OPEN
$500.00
MORE DETAILS
Term: 13 months
Converts to a 12-month regular IRA CD upon maturity
No monthly service fee
Early closing penalty
90 days interest penalty for 13-month IRA CD Plus
Automatic renewal
Certificate of Deposit UP TO 3.65% APY1
Certificates of deposit (CDs) are an alternative savings option to help you grow your balance faster. When you open a CD, you decide how much you want to invest whether it’s the minimum or more. And your money can earn the fixed annual percentage yield (APY1) amount for the term of your CD.
INTEREST
Up to 3.65% APY1
MINIMUM TO OPEN
$500.00
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 2.75% APY1
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
2.75% APY1
MINIMUM TO OPEN
$50.00
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
Save To Win 2.89% APY1
Every $25 deposit (up to 100/month) gives you a chance to win a quarterly or monthly cash prize.
INTEREST
2.89% APY1
MINIMUM TO OPEN
$25.00
MORE DETAILS
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
IRA CD UP TO 3.65% APY1
Give your retirement savings a boost. Go the Traditional IRA CD route or do something a little different with a Roth IRA CD. Either way, reach your retirement savings goals faster.
INTEREST
Up to 3.65% APY1
MINIMUM TO OPEN
$500.00
MORE DETAILS
Term: 3-72 months
No monthly service fee
2025 contribution limits: Total contributions to all your Traditional and Roth IRAs cannot exceed $7,000 (or $8,000 at age 50 or older)
2026 contribution limits: Total contributions to all your Traditional and Roth IRAs cannot exceed $7,500 (or $8,600 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
Not a member yet? Get started today.
FINANCIAL WELLBEING LIBRARY
Reaching your savings a goal.
Imagine your dream future. And learn more about how you can get there. By staying educated and informed, you can find more peace of mind.
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1APY = Annual Percentage Yield. Rates as of February 10, 2026 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.
