Certificate of Deposit

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
Account Type
APY
Minimum Deposit
6 MONTH CERTIFICATE
3.3%
$500
1 YEAR CERTIFICATE
2.02%
$500
18 MONTH CERTIFICATE
1.26%
$500
2 YEAR CERTIFICATE
1%
$500
3 YEAR CERTIFICATE
0.75%
$500
5 YEAR CERTIFICATE
0.5%
$500