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.

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.

*$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.

*$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.

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.

Helping You Invest Wisely

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

How Cost of Living Adjustments are Calculated

When you file for Social Security benefits or Supplemental Security Income (SSI), your lifetime earnings determine the amount of your monthly retirement benefit. However, this number is not static for…

Social Security and the Self-Employed

For most people who have jobs in the U.S., Social Security contributions are automatic. It is not something you need to worry about because your employer takes care of it…

Student Loan Forgiveness

Student loan debt can feel crippling, especially if you are a recent graduate who is not yet earning much money. Your loan payments could hold you back from being able…

Retirement Account Withdrawal Strategies

Like most things in life, retirement fund withdrawals should be carefully planned to maximize your assets and get the most mileage from your retirement funds. Of course, the first act…

Employer-Sponsored Repayment Programs

Certain companies and government agencies offer benefit programs as part of their employment to assist employees in paying off their student loans. Employers can offer employees up to $5,250 as…

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…

What is a Mutual Fund?

When you want to build a diversified portfolio of assets within a single investment, try using a mutual fund. Mutual funds are a form of investment frequently used by long-term…