Open a New CD

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New Account Open Options

When a member navigates to the account opening section, the New Account Open Options screen shows all available deposit account types:

• Certificate of Deposit
• Checking Account
• Savings Account
• Money Market Account

Click Open under Certificate of Deposit to begin.

Opening a Certificate of Deposit

Step 1 — Choose a CD Type

The Certificate of Deposit Account Types screen shows all available certificate terms for the institution. Each option displays:

• Term length (e.g. 6 Month, 9 Month, 12 Month Certificate)
• APY
• Interest Rate
• Minimum Balance required

Compare the available terms and click Open on the one that works best.

Tip Longer terms generally offer higher APYs. If you can keep the funds untouched for a full year, the 12 Month Certificate typically earns the most interest.

Step 2 — Fund Your New Certificate

The Certificate of Deposit Open Options screen confirms the term selected at the top, then shows a Fund your new certificate of deposit section:

• Select funding account — choose which of your accounts will fund the new CD
• Funding amount — enter the amount to deposit (must meet the minimum balance for the selected term)
• Terms and Conditions — check the box to accept before submitting

Step 3 — Select account and enter amount

Pick a funding account from the dropdown. The account name, masked account number, and current balance are shown so you can confirm the right account is selected. Enter the funding amount and check I accept the Terms and Conditions.

Click Submit when ready.

Step 4 — Transfer Authorization

A Transfer Authorization modal appears summarising the full transaction before it is submitted. Review every detail:

Field	What it shows
Certificate	The term being opened
Funding Source	Masked account number of the source account
Funding Amount	The amount being deposited
APY	Annual percentage yield for this term
Interest Rate	Interest rate for this term

If everything looks correct, click Submit. Click Cancel to go back and make changes.

Step 5 — Success

A Success confirmation modal confirms the new certificate has been funded. The final details are shown:

• Certificate term name
• Funding Source
• Funding Amount
• APY
• Interest Rate

Click Close to return to the dashboard. The new certificate will appear immediately in the Certificate of Deposit Management dashboard.

Note A secure message confirmation is sent to the member’s message inbox inside online banking with the new account number and full terms.

Minimum Balance Requirements

Each certificate type has a minimum balance that must be met at the time of opening. If the funding amount entered is below the minimum, the form will not allow submission.

Term	Minimum Balance
6 Month Certificate	$1,000.00
9 Month Certificate	$1,000.00
12 Month Certificate	$1,000.00

Note Minimum balance requirements are set by the institution and may vary. The amounts shown above reflect the sample rates visible in the interface. Your institution’s rates may differ.

Other Account Types

In addition to Certificates of Deposit, the account opening flow supports:

• Checking Account — standard demand deposit account
• Savings Account — interest-bearing savings account
• Money Market Account — higher-yield savings with tiered rates

Each follows the same funding and authorization flow as the CD opening process described on this page.