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Certificates of Deposit

Reach Your Savings Goals Faster

CD Rates

  • 12 Month CD

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    As High As 2.00% APY*

    • Certificates of Deposit

    CDs are a high-value, no-risk way to save. When you select any one of our standard term CDs, you know what you’ll earn and when you’ll earn it.  Choose the amount you want to invest and the length of your CD term. Then watch your money work for you.

    • Higher rates than Savings or Money Market Accounts
    • Low $500 minimum to open ($100 for youth accounts)
    • Terms from six months to three years
    • Accounts Federally insured up to $250,000 by NCUA

    To open a Certificate of Deposit, call us at 503.626.6600, or visit a branch.

    Schedule an Appointment

    Why would I open a CD from Rivermark?

    Rivermark CDs are incredibly popular because we can offer you something market investments can’t: guaranteed returns on your money*. Certificates of Deposit feature fixed rates and fixed terms – so your rate and your earnings don't fluctuate with market conditions.

    A few more reasons why our members choose to open CDs (and transfer funds from other banks and credit unions to a Rivermark CD):

    • Safe, secure savings mean your cash works harder and smarter
    • Choose a term that works for you
    • Big balances are not required – open a CD with as little as $500
    • No monthly fees, ever
    • Relax, knowing your funds are federally insured by the NCUA, the FDIC’s government counterpart that insures not-for-profit credit unions.

    Frequently Asked Questions

    • Your earnings can be mailed as a check, deposited into a Rivermark checking, savings or money market account. Or maximize the return by reinvesting the earnings in your CD.

    • You can withdraw it, but you’ll pay a penalty equal to 90 or 180 days worth of interest, depending on the original term of your CD.

    • Deposits are only allowed during the opening process or up to 5 days after the maturity date. Additional deposits can be made to our Youth CD, which is available for our members ages 0-17.

    • One way to maximize your interest income is with a strategy called CD laddering. Over time, it's an easy way to earn a higher rate without locking up all your money into a single long-term certificate.

      For example, instead of opening one 3-year CD for $15,000, you would divide your initial deposit into three equal CD's.

      1. Open one CD for $5,000 with a 3-year term
      2. Open a second CD for $5,000 with a 2-year term
      3. Open a third CD for $5,000 with a 1-year term

      When your 1-year CD matures, you would roll that $5,000 into a new 3-year certificate. After three years, all of your certificates will be earning the higher three-year rate of interest at that time and you'll always have access to $5,000 of your money within one year.

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    *APY = Annual Percentage Yield. Rates accurate as of 02/22/2025. For Certificate Accounts, there is a penalty for early withdrawal of principal.