Northwest Financial LLC

CERTIFICATE OF DEPOSITS (CDs)

One way to work toward a short-term financial goal is by using a Certificate of Deposit (CD), which are offered through NWFCU.

A CD is cash that you deposit at your credit union or other financial institution that carries a fixed interest rate and a set maturity date (if redeemed prior to maturity, a penalty may apply). A typical CD term is 6 months to one year and CDs can be automatically renewed.

Rates on CDs are generally higher than the typical savings and Money Market rates offered by local financial institutions, so your money is working for you while being held in deposit. Certificates of Deposit are insured by the National Credit Union Share Insurance Fund (NCUSIF) or FDIC up to $100,000.

CDs offered through NWFCU often offer a slightly higher interest rate than those offered by banks.

NWFCU offers products and services that can help you achieve your short-term goals.

Northwest Financial and Northwest Federal Credit Union are not registered broker/dealers and are not affiliated with LPL Financial.

Access to securities and insurance products provided by Northwest Financial Group, a registered broker/dealer, member FINRA/SIPC. Northwest Financial Group is a subsidiary of Northwest Financial LLC, a wholly owned subsidiary of Northwest Federal Credit Union. Securities and insurance products are offered through LPL Financial and its affiliates, member FINRA/SIPC. LPL Financial has contracted Northwest Financial Group to refer securities and insurance business to LPL Financial. Northwest Financial LLC and Northwest Federal Credit Union are not registered broker/dealers and are not affiliated with LPL Financial. Not NCUA insured. No credit union guarantee. May lose value.

Loan protection and tax preparation services are not affiliated or endorsed by LPL Financial.

The LPL representatives associated with this site may only discuss and transact securities business to residents of the following states: AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VT, VA, WA, WV, WI.