Certificates of Deposit

Ready to invest? Certificates of Deposit (CDs) are a stable, uncomplicated way to build wealth that make investing easy, flexible and secure.

Open Now Schedule Appointment 
Jump to a section:

CD DirectSave

Make investing turnkey thanks to CD DirectSave. Set up automatic deposits from your Blue Grass Federal checking account into a 6-month CD.

  • Minimum deposit: $25
  • Early withdrawal penalties may apply
  • Requires at least one electronic deposit per month, $25 minimum deposit
  • Increase contributions at any time
  • Seamless, simple investing
  • Account matures in 6 months

Use our calculator to see how investing in a CD can grow your money.

Open Now – CD DirectSaveSchedule Appointment – CD DirectSave

Long-Term CDs

Invest your money longer and earn even more.

  • Minimum deposit: $500*
  • 1-Year CD
  • 13-Month CD Special⁺
  • 18-Month CD **
  • 2-Year CD
  • 24-Month CD Special⁺
  • 3-Year CD
  • 36-Month CD Special⁺
  • 4-Year CD
  • 48-Month CD Special⁺
  • 5-Year CD

Use our calculator to see how investing in a CD can grow your money.

Open Now Long Term CDsSchedule Appointment Long Term CDs

*$500 Minimum deposit to open. Early withdrawal penalties may apply.
**Renewal Term is 18 months for the 18-Month CD.
***Renewal Term is 24 months for the 27-Month Jump CD.
⁺Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank.

Short-Term CDs

Get competitive rates with a short-term commitment.

  • Minimum deposit: $500*
  • 3-Month CD
  • 3-Month CD Special+
  • 6-Month CD
  • 6-Month CD Special⁺
  • 9- Month CD
  • 9-Month CD Special⁺

Use our calculator to see how investing in a CD can grow your money.

Open Now – Short Term CDsSchedule Appointment – Short Term CDs

*$500 Minimum deposit to open. Early withdrawal penalties may apply.
⁺Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank.

Stay in Control with Online Banking

New and improved, online banking is a streamlined, secure and flexible way to make managing your money easier in ways you never knew you needed.

Learn More 

Let’s Help Your Money Grow

Invest the mutual way.

As a mutual bank customer, your money goes to work in our communities. Every dollar helps people buy homes and grow local businesses. It’s the mutual bank difference.

You’re not alone.

Saving can feel overwhelming, but we’re here to help you! You can always schedule an appointment to meet with a banker.
Schedule Appointment 

Helping You Invest Wisely

Gain access to articles, videos and tools, day or night.

Saving Money on College Textbooks

College is an exciting and rewarding time. However, along with the great experience comes a wave of new fees and expenses. One of those expenses is the costs of textbooks…
View Resource

Traditional 401(k) vs Roth 401(k)?

Contributions to a Traditional 401(k) plan are made on a pre-tax basis, resulting in a lower tax bill and higher take home pay. Contributions made to a Roth 401(k) are…
View Resource

When Should I Start Collecting Social Security?

You can start collecting Social Security payments once you hit the age of 62. However, is it wise to do so? That depends on your situation. For most people, though,…
View Resource

Income-Based Student Loan Repayment Plans

Income-based student loan repayment plans are a type of payment plan where monthly payments are based on the borrower’s monthly income, allowing for borrowers with lower incomes to make lower…
View Resource

FAFSA and You

The Free Application for Federal Student Aid, more commonly known as FAFSA, is the gateway to most types of college financial aid. This application asks questions about the student and…
View Resource

4 Ways to Avoid Social Security Pitfalls

If you plan on collecting Social Security benefits at some point, it’s important to know about a few of the program’s details you may not be aware of – details…
View Resource

In Retirement

Ready to test your knowledge? You’ll have ten multiple choice questions to answer. Click on each question to reveal the question and multiple choice answers. After you’ve completed answering all…
View Resource