FLEX12 CDx - NOW EARNING 4.29% APY*

The Flex12 CDx: Smarter Savings for a Changing Market

Tired of watching interest rates climb while your savings account stays flat? The Flex12 CDx offers a smarter way to grow your money.

Key Features:

  • Market-Linked Rates:  Our competitive rates are based on the 3-Month Treasury Bill rate, updated quarterly to help you keep pace with market changes.
  • Low Minimum Deposit:  Start saving with a low minimum deposit of just $750.
  • Flexibility:  Easily add to your savings with incremental deposits of $2500 or more at any time.
  • 12-Month Term:  Enjoy the stability and growth potential of a 12-month term.

Earn 4.29% APY*

Discover the attractive rates for the Flex12 CDx.

RATES

Open Your Flex 12 CDx Today

Current Members:

Open a Flex12 CDx in Online Banking, at any branch, or by calling (541)-928-4536. Deposit a minimum of $750, and boost your earnings with extra deposits of $2,500 or more during your 12-month term!

OPEN ONLINE

New Members:

To open your CWCU Savings Account visit a branch, or call (541)-928-4536 to open your Flex12 CDx. Deposit a minimum of $750, and boost your earnings with extra deposits of $2,500 or more during your 12-month term!

START YOUR MEMBERSHIP

Questions about opening your Flex12 CDx?

Submit this easy form and we'll be in touch to assist you in launching your journey with this exciting product.

If you prefer a face-to-face chat at one of our branches or a phone call at (541)-928-4536, we're here to help!

Let's make your money work harder for you.


Flex12-CD-Image-3.jpg


Central Willamette's Flex12 CDx

12 months. Maximum Growth. Total Flexibility.


Frequently Asked Questions

  • The minimum opening deposit for the Flex12 CDx is $750.

  • The new Flex12 CDx rate will be effective on the first business day of the quarter.

  • Yes, there is an early withdrawal penalty. 

    Early Withdrawal Penalty for Certificates of Deposit: We may impose a penalty if you withdraw any of the principal before the maturity date. Any bonuses paid will be forfeit in the event of early principal withdrawal or account closure. 

    1. Amount of Penalty. The amount of the early withdrawal penalty is a forfeiture of interest equal to one half of the original term of the accounts interest. FEDERALLY INSURED BY NCUA 
    2. How the Penalty Works. The penalty is calculated as a forfeiture of part of the Interest that has been or would be earned on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal. 
    3. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances.
      1. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. 
      2. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment; or where the account is a Keogh Plan (Keogh) provided that the depositor forfeits an amount of at least equal to the simple interest earned in the amount withdrawn; or where the account is an IRA or Keogh and the owner attains age 70½ or becomes disabled.

  • The APY is determined by the 3-month Treasury Bill auction investment rate.

  • Yes, you can add subsequent deposits of $2500 or more at any time during your 12-month period.

Disclosures

*APY=Annual Percentage Yield. Above is the variable Dividend Rate and variable APY for Flex12 CDx Accounts and IRA Flex12 CDx Accounts. The variable Dividend Rate and APY are effective 04/01/2025 through 06/30/2025. The minimum to open a 12-month term Flex Certificate Account or IRA Flex Certificate Account and earn the stated APY is $750. Subsequent deposits can be added at a minimum of $2500 or more per deposit. The APY is determined by  the 3-month Treasury Bill auction investment rate on or about the 26th day of the last month of each quarter. The Flex12 CDx rate will be effective on the first business day of the next quarter. The dividend rate is subsequently calculated based on the indexed APY. Rate is subject to change after account opening. Fees or other conditions could reduce earnings on the account. Substantial penalty imposed for early withdrawal. All accounts are subject to the applicable terms and conditions set forth in the Truth in Savings Disclosure and Account Agreement, Disclosure and Account Agreement for Certificates and IRA Certificates, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Account Agreement references.