Beyond our competitive rates and insurance, you'll also enjoy:

No maintenance fees
24/7 access through Online Banking or our Mobile App to check on your investment
Dividends that compound daily and are payable monthly
Certificates of DepositsTraditional IRA CertificatesRoth IRA CertificatesCoverdell Education Savings
Best if you're looking toEarn high dividends for a specific term at a guaranteed, fixed rate.You are saving for retirement with before-tax money, and don’t plan on making withdrawals until retirement, at age 59 ½.You are saving for retirement with after-tax money, you need more flexibility for withdrawals, or you may work past age 70.Save for education expenses while your deposits grow tax-free
Minimum to Open$500$500$500$500
Tax AdvantagesNoneYou may be able to reduce your current income taxes now. You don't pay taxes until you make a withdrawal, typically when you are in a lower tax bracket.All earnings grow tax-free, and you don’t pay taxes when you make a withdrawal, typically when you are in a lower tax bracket.Contributions to this type of education savings account are not tax-deductible, but deposits grow tax-free until the money is used.
100% Federally InsuredYesYesYesYes

Related topics you may be interested in:
Retirement & Investment Calculators

Make a more informed decision as you secure your financial future with our retirement and investment calculators.

Savings Accounts

Looking for a more flexible savings account option that will help you meet your savings goals while still providing accessibility to your funds?


Money Manager

Money Manager allows you to view all your finances, including external accounts, in a single, elegant interface. With all your accounts visible in a single interface, you’ll be able to track your net worth over time and recognize trends that affect it.

Life Insurance

It’s good to know that when the time comes, you’ll be prepared. At Liberty Bay, we offer policies with affordable rates to fit your budget.

Make your savings work as hard as you do when you become a member at Liberty Bay

FA$Ttrack Financial Education

Certificates of Deposit (CDs)

Certificates of Deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk – and you earn guaranteed interest in return! Learn more about what is involved in opening a CD to decide if this saving tool is right for you.

This lesson will cover:

  • CD options offered by financial institutions
  • How to calculate your interest earnings
  • The pros and cons of CDs, compared to other accounts

Individual Retirement Accounts (IRAs)

When it comes to saving for retirement, you have many options to choose from to help you reach your savings goals. IRAs, like all accounts, offer their own features that may make them a good option for you. Take this lesson to learn more about:

  • How IRAs compare to other account options
  • The different types of IRAs
  • Opening and using an IRA

*All dividend rates are subject to change, and dividends are compounded daily and paid monthly. Visit our deposit rates page to view available terms, APY, and minimum deposit requirements. Early withdrawals of principal are subject to a substantial penalty.

**Bump-Up rate change is based upon the WSJ published Federal Funds rate change. In the event of a published rate increase, existing 15-month CD holders have the opportunity to request a one-time matching rate increase of up to 0.25%. This new rate will remain in effect through the remainder of the existing CD term. Option to increase rate and APY one time during the initial term requires you contact the Credit Union directly to redeem the feature prior to initial maturity date. It may take up to 2 business days for rate change to become effective upon request. A 180 day interest penalty will be imposed for early withdrawals. Fees may reduce earnings.