Local Impact Cds
Long-Term Impact
Earn higher returns on your savings while driving tangible impact in our local food and agriculture ecosystem.
Your Money Driving Change
Our certificates of deposits (CDs) are available across a range of maturities, and pay competitive rates while supporting a renaissance in our regional food ecosystem.
* Annual percentage yield
Local Impact CD rates current as of November 1st, 2024. Interest is compounded daily, posted monthly. Subject to change without notice. $1,000 minimum to open. Penalties may apply for early withdrawals.
To open a Local Impact CD, start by applying for and funding a Grow Local account.
Your Money Can Sleep Soundly
Your savings fund loans that support positive and lasting change to our local food ecosystem. Finally align your finances with your values.
"MUTUAL" MEANS COOPERATIVE
We're the first new mutual nationwide in 50 years - a cooperative structure that holds us accountable to our long-term commitments.
summer FARM DIVIDEND
This summer, we'll give qualifying depositors $100 to spend at farms, farmers markets, or related businesses.1
Competitive Interest Without Hidden Fees
Social and environmental responsibility can also be good for your wallet.
Higher returns
Our Local Impact CDs earn competitive returns across a range of maturities. It's enough to Grow Your Change.
No Surprise Fees
No start-up fees, no monthly fees, and easy-to-understand early withdrawal terms.2 Straightforward and simple.
Safe & sound
FDIC insurance on all balances up to $250,0003, industry-grade data encryption, multi-factor authentication - and all the other security features you expect from anyone handling your hard-earned savings.
To open a Local Impact CD, start by applying for and funding a Grow Local account.
Other Bells & Whistles
- Range of extended terms—from 1 to 100 years—to maximize impact...and return
- 10-year CD: Unique opportunity to support long-term investment in food systems change
- Only $1,000 minimum initial deposit (and minimum daily balance)
- Use the same digital tools to monitor your CDs on the go
- Free withdrawal at CD maturity during grace period, or automatically roll over your investment
- Withdraw early (before maturity) for a marginal penalty (see account charges for details)2
- If you're interested in opening a Local Impact CD, first open and fund a Grow Local account
Interested in more information on our new 100 year CD? Check out our supporting resources.
1. Terms & conditions apply. See full detail here.
2. Account charges are listed here.
3. Federal Deposit Insurance Corporation. Insurance coverage limited to $250,000. Additional insurance coverage available upon request.
See what we've got cooking.
Join our waitlist for early access to our accounts and behind-the-scenes updates.
