The ESL Federal Credit Union offers secure CD accounts. Their top CD rate is 0.40% APY. This rate is on both the 120 and 108-month CDs. The minimum deposit required for both CDs is $500. The ESL Federal Credit Union offers nine different CD rates. These rates increase as the term increases from 31-days to 120-months.

Along with the CDs listed above, the credit union offers a 96-month CD with 0.35% APY. This CD is available with the same minimum deposit. You could also take that $500 deposit and invest in a CD with a 0.30% APY for 84-months. Or a 72-month CD with an annual percentage yield of 0.25%.

This credit union has so many options. A $500 minimum deposit can get you a 6,9, or 60-month CD with a 0.20% APY. Another great option is a 12 to 24-month CD with a 0.15% APY. For the short-term investor, the ESL Federal Credit Union offers a 31-day CD with an APY of 0.05%. This CD must have a minimum deposit of $1000. 

There are several benefits to opening a CD with ESL. All investments are insured by the FDIC up to $250,000. Another added benefit is that the earnings can be withdrawn at any time and you don’t even need to worry about penalties. 

Along with certificates, the ESL Federal Credit Union offers IRAs and savings accounts. These accounts are also FDIC-insured, but the rates and conditions vary from those of a CD.

Call Certificates guarantee an Annual Percentage Yield (APY) for the initial six months of the 24-month term or 12 months of the 60-month term. Thereafter, ESL may “call” the certificate one time every six months. If ESL does not “call” the certificate, the original APY remains fixed for every six-month period until the term ends.


Opening a CD with the ESL Federal Credit Union is easy. No account is required. Have your documentation prepared, you will need it to open the account. 

Branches in New York

Batavia, Brockport, Canandaigua, Chili, Fairport, Geneseo, Greece, Irondequoit, Newark, Penfield, Pittsford, Rochester, Victor, and Webster

Bank Overview

The ESL Federal Credit Union offers its members peace of mind. This is because of the National Credit Union Administration (NCUA) insurance. The credit union focuses on the customer’s experience. That is why they deliver exceptional customer service.

The credit union is local and aims to stay that way. They believe in giving back. New York is their home and their goal is to help the community. ESL is New York’s ‘everything bank’. ESL works hard to meet all of your needs and assist you in every financial endeavor.