Payroll CD: An Easier Way to Save for What Life Throws Your Way

Getting ahead doesn’t have to be so hard. Let a Payroll CD take the worry out of saving for you. Here’s three smart reasons to open one today:

Low Initial Investment

You only need $10 to open and $10 a month to maintain a Payroll CD! Compared to a traditional CD, with a minimum initial deposit of $500, this deposit product gives you an easy way to start saving that adds up quickly over time.

Competitive Interest Rate

At 1.5% APY*, our Payroll CD is competitive and pays more than if you would leave your funds in a regular savings account. For an added perk, members who maintain a checking or loan product with us will earn 3.5% APY* for the first 12 months.

Annual Maturity with Withdrawal Flexibility

Traditional CDs often make you wait five years to even touch your money without a penalty. A Payroll CD gives you the chance to transfer money out every year on your open-date anniversary, penalty-free! Use this benefit to boost your cash flow before birthdays or holidays!


You don’t have to have deep pockets to invest in your future. And River Region Credit Union makes it easy. So what are you waiting for?


Call 866-649-5015 and ask for a Branch Manager to Open Your Payroll CD Today!


*APY: Annual Percentage Yield. To qualify for 3.5% APY you must maintain an active checking or loan product. The 3.5% APY is applicable for a one time 12 month period. Initial deposit cannot exceed $1,000.00. Rates effective 8/30/2018, and are subject to change daily.Annual Percentage Yield. Maximum initial deposit is $1,000. Deposits must be electronic.

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