A separate deposit account with a specific balance for a set period of time, it’s easy to get started. If already a Member, you can open your own CD inside Online or Mobile Banking. If not, simply stop by either branch location, email info@cherokeestrip.com, or call our Deposits team at (580)718-4051.
Features:
- Open a new CD account with as little as $500
- Available terms are 6-month, 1-year, 18-month, 2-year, 3-year, and 5-year
- Interest-bearing account, with interest paid monthly in one of 2 ways:
- added to your CD balance to earn even more interest (compounding)
- deposited into your Member Share savings account
- Advance CD renewal notifications
| Certificate Rates - Effective Tuesday, August 26, 2025 |
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Account Type | Interest Rate (APR) | Annual Percentage Yield (APY) | Minimum Deposit |
| 6 MONTH CERTIFICATE | 3.25% | 3.3% | $500 |
| 1 YEAR CERTIFICATE | 2.00% | 2.02% | $500 |
| 18 MONTH CERTIFICATE | 1.25% | 1.26% | $500 |
| 2 YEAR CERTIFICATE | 1% | 1% | $500 |
| 3 YEAR CERTIFICATE | 0.75% | 0.75% | $500 |
| 5 YEAR CERTIFICATE | 0.5% | 0.5% | $500 |