Flex Your Savings with the FLEX12 Certificate of Deposit (CD)

When interest rates are rising, the FLEX12 CD offers a different way for you to grow your savings.

With a traditional Certificate of Deposit, you may receive higher rates compared to a regular savings account. However, you're locked into a fixed rate for a predetermined period, even if interest rates increase. That's where the FLEX12 Certificate saves the day. With this certificate, your rates will also go up if the market rates increase. By depositing a minimum of $750, you can keep pace with the changing market without putting your initial deposit at risk. All with a 12-month term.

Don't settle for just any savings account. Flex your savings power with the FLEX12 CD. 

Earn 5.72% APY*

Discover the attractive rates for the FLEX12 Certificate of Deposit here.

Discover the Benefits

  • Adapts to the Market: The Flex12 CD gives you a significant advantage in an environment of rising interest rates.
  • It's Different: The Flex12 CD isn't just another Certificate of Deposit account. Its unique tie to the three-month Treasury Bill plus an additional 0.25% sets it apart.

  • Add Funds at Your Convenience: Enjoy the freedom of adding an extra $2500 or more to your Flex12 CD anytime you like, without the hassle of opening additional accounts.

  • Best of Both Worlds: The Flex12 CD combines the power of market investing with the safety of a certificate account.

  • Competitive Rates: Helps you maximize your earnings potential

  • Federally Insured by NCUA: Up to $250,000

How to Open a Flex12 CD

Current Members:
  1. Open a Flex12 CD in Online Banking, at any branch, or by calling (541)-928-4536
  2. Deposit a minimum of $750 via ACH transfer or card
  3. Boost your earnings with extra deposits of $2,500 or more during your 12-month term!
New Members:
  1. Open your CWCU Savings Account here
  2. Log into Online Banking, visit a branch, or call (541)-928-4536 to open your Flex12 CD
  3. Add extra deposits of $2,500 or more during your 12 month term to earn even more!

Questions About Opening Your Flex12 CD?

Visit a conveniently located branch near you, or call (541)-928-4536. Our friendly employees would love to help!

Let's Do This

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


Prefer a Fixed-Rate CD?

If you would rather have a fixed rate, we have a wide range of Certificates for that, too! Learn more here.

*APY=Annual Percentage Yield. Above is the variable Dividend Rate and variable APY for Flex Certificate Accounts and IRA Flex Certificate Accounts. The variable Dividend Rate and APY are effective 10/1/23 through 12/31/23. 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 adding .25% to the 3-month Treasury Bill auction investment rate on or about the 26th day of the last month of each quarter. The Flex12 CD 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.

**The graph represents an example of how the Flex12 CD works, not indicative of previous performance nor a guarantee of future performance. The first three quarters show examples to demonstrate how this CD would have worked in the prior three quarters. The actual current Flex12 CD rate is shown in the fourth bar graphic for the current quarter of 10/2/23 through 12/31/23.