Local Impact Cds
Long-Term Impact
Earn higher returns on your savings while driving tangible impact in our local food and agriculture ecosystem.
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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 July 24th, 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.
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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.
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"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.
![A black and white charcoal illustration of a wood crate, shown at an angle from the side, filled with food goods.](https://cdn.prod.website-files.com/61b48000ef9d404a5b16cf3f/61e0f8564d0ce78ddcbf1991_produce.png)
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.
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Higher returns
Our Local Impact CDs earn competitive returns across a range of maturities. It's enough to Grow Your Change.
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No Surprise Fees
No start-up fees, no monthly fees, and easy-to-understand early withdrawal terms.2 Straightforward and simple.
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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
* Annual percentage yield
Local Impact CD rates current as of July 24th, 2024. Interest is compounded daily, posted monthly. Subject to change without notice. $1,000 minimum to open. Penalties may apply for early withdrawals.
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.
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