Earn more with your money
A Certificate of Deposit (CD) allows you to earn a high, fixed interest rate for the length of time you select. FreeStar Financial Credit Union offers a wide variety of terms and ongoing specials.
| Certificates of Deposit | |||
| Effective Date: April 1, 2021 | |||
| Term | Minimum Balance | Interest Rate | APY* |
| Save to Win (1 year) | $25.00 | 0.399% | 0.400% |
| iSave Youth (1 Year) | $25.00 | 0.399% | 0.400% |
| Six Month | $500.00 | 0.300% | 0.300% |
| One Year | $500.00 | 0.399% | 0.400% |
| Two Year | $500.00 | 0.499% | 0.500% |
| Three Year | $500.00 | 0.698% | 0.700% |
| Four Year | $500.00 | 0.797% | 0.800% |
| Five Year | $500.00 | 0.847% | 0.850% |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. | |||
I'm Interested
Types of CDs to choose from:
Standard CDs
- It only takes $500 to get started on a regular CD. (Special certificates may have a higher or lower minimum starting amount.)
- Regular certificates will automatically renew on their maturity date for the same term or like term, at the current rate.
- Members receive a 10-day grace period to withdraw or make changes before a penalty will apply.
- FreeStar Financial also offers IRA CDs.
Save to Win CD
Earn interest on your money and increase your chances of winning monthly and quarterly cash prizes.
- $25 to open the account
- Make deposits anytime
- No minimum deposit after account opening
- 12-month term of certificate
- Must be 18 years or older
- Legal resident of the state of Michigan
- All deposits must be made while in the state of Michigan
- One CD per member among any credit union that participates in Save to Win program
- Monthly cash prizes
iSave CD
An iSave CD is a great way for youth to start saving and earn a chance to win an annual prize.
- $25 to open the account
- Make deposits anytime
- No minimum deposit after account opening
- 12-month term of certificate
- Designed for youth 17 years old and younger
- Annual prize