Certificates of Deposit

A Certificate of Deposit (CD) account is a risk-free investment option that helps you grow your money at a higher rate than a regular savings account. The longer the term you select, the higher the dividend rate you earn.


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Invest your money for a set term and grow your savings at a guaranteed rate with a North Star Certificate of Deposit. With a Certificate, you commit to keeping your money on deposit for a set term. The longer the term, the higher the rate.

  • Terms ranging from 3 months to 60 months
  • $500 minimum deposit to open
  • Dividends paid semi-annually (or upon maturity)
  • Our 60-month certificate allows you to “bump up” your rate (after 18 months) one time during the term if rates have increased
  • Burial CD accounts available
  • Traditional, Roth and Coverdell IRA certificate options are available

Ask about our Relationship Rate Bonus, available on most Certificates.  You can earn a bonus rate of up to 0.15% APY* based on length of membership, total deposit and loan balances and maintaining an active checking account.

A The Smart Start Certificate was designed to help you develop positive savings habits and begin to build your nest egg. Start small, with a minimum $100 opening balance, and continue to add deposits to your certificate as you have money available.

  • 15-month term
  • $100 minimum opening deposit
  • Premium dividend rate to help beginning savers make the most of their money
  • Make additional deposits throughout the term (min. $100 add ons)
  • Ability to withdraw funds if necessary ($100 minimum, withdrawal fee applies)
  • Dividends paid semi-annually (or upon maturity)

There is a $10,000 maximum balance for the Smart Start Certificate.

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The Step-Up Certificate allows you to take advantage of rising rates, and invest additional funds as available, while investing in a risk-free, higher-yield certificate account. When rates change, you have the ability to increase your certificate rate to the higher rate being offered by North Star one time during the term of your certificate. Step-up your rate, step-up your balance, step-up your savings!

  • 37-month term
  • $500 minimum balance to open and earn dividends
  • May make additional deposits into certificate (minimum of $1,000 per add-on)
  • After the first 18 months, there is one rate step-up allowed during the term
  • Stepped-up rate applies to remainder of certificate’s initial term
  • Dividends paid semi-annually (or upon maturity)

*APY = Annual Percentage Yield. Early withdrawal penalties apply to certificate accounts. Please refer to the Truth in Savings disclosure for full details.