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Short-Term CDs

Get competitive rates with a short-term commitment.

No need to commit your money for long periods of time to get a great interest rate. Try a Short-Term CD instead. Regular terms of 3, 6 and 9 months are available, as are special terms designed to meet your specific financial goals.

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

As of 8/20/2025

Product*APY**Interest RateMinimum BalanceOpen Account
3-Month CD0.10%0.10%$500

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6-Month CD0.15%0.15%$500

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7-Month CD Special4.10%4.04%$500

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*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings.

**Annual Percentage Yield (APY) is 4.10% for the 7-month certificate is accurate as of 07/22/2025. At maturity, the 7-month certificate will automatically renew for a term of 6 months. Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank. Funds must remain on deposit for the term of the certificate. A penalty for early withdrawal may apply. Fees could reduce earnings. The minimum to open the certificate of deposit is $500. This special is available for a limited time and is subject to change without notice.

Long-Term CDs

Invest your money longer and earn even more.

Lock in a higher rate when you choose a Long-Term CD. Choose a term from 1 to 5 years to best meet your future financial needs. Your interest compounds quarterly, and for convenience your CD automatically renews at maturity.

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

As of 8/20/2025

Product*APY**Interest RateMinimum BalanceOpen Account
12-Month CD0.30%0.30%$500

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13-Month CD Special4.10%4.04%$500

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18-Month CD0.35%0.35%$500

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24-Month CD0.40%0.40%$500

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25-Month CD Special4.10%4.04%$500

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30-Month CD0.40%0.40%$500

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36-Month CD 4.10%4.04%$500

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48-Month CD0.60%0.60%$500

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60-Month CD0.75%0.75%$500

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60-Month CD Special3.10%3.06%$500

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*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings.

**Annual Percentage Yield (APY) is 4.10% for the 13-month certificate, 4.10% for the 25-month certificate, and 3.10% for the 60-month certificate and is accurate as of 07/31/2025. At maturity, the 13-month certificate will automatically renew for a term of 12-months, and the 25-month certificate will automatically renew for a term of 24-months. Funds must remain on deposit for the term of the certificate. A penalty for early withdrawal may apply. Fees could reduce earnings. The minimum to open the certificate of deposit is $500. This special is available for a limited time and is subject to change without notice.

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.

DirectSave automates savings with electronic monthly contributions to your account for an incredibly easy savings plan.

You get a competitive interest rate, a practical 6-month term, convenient monthly statements, and automatic renewal when the account matures. And it only takes a $250 balance to get started.

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

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