Certificates of deposit, or CDs as they’re better known, are a low-risk way to earn higher interest rates*. You know what your money will earn and for how long, making them a reliable addition to any savings or investment plan.
But what happens when your CD is about to mature? How can you continue to earn more on your money by renewing your SECU CD?
The renewal process is easy. And to make it easier, we put together this quick video to walk you through the process step by step.
Step-by-step guide to renewing your SECU CD
Starting 60 days before your SECU CD matures, you can renew it.
- Log into your account here or through the SECU mobile app
- Select Accounts, then CD Renewal
- Select the CD you want to renew
- Select Renew or change your certificate
- Choose Renew your CD for the same term or Change your CD to a different term
- Make additional selections and submit
Any changes to the renewed CD, including the new term and rate*, will update the first business day after the current maturity date.
If you have any questions, visit our Virtual Financial Center or schedule an appointment and we’ll help you maximize your savings.
If your CD has already matured, please contact SECU for renewal options.