We've Got A Certificate of Deposit That's Right For You
Our CDs offer guaranteed yields, flexibility, and the safety of FDIC insurance. That's because you lock in a high yield that's guaranteed from the day you open the account, until the day it matures. With a CD you know exactly what return you'll get, and when you'll get it.
Your investment is safe because Broadway Federal CDs are backed by the Federal Deposit Insurance Corporation for up to $250,000 per individual — making them as safe as any investment in the world.
We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. And, for as little as $500, you can open your own CD. To help you decide which CD will best meet your needs, take our One-Minute Certificate of Deposit Test. All done? Now request a CD quote from a branch manager.
Exposition Park – Branch Manager
Mid-Wilshire – Branch Manager
Inglewood – Branch Manager
Certificates of Deposit
Short term savings certificates, usually up to 3 months, offer you the fastest, readiest access to your money.
Our 6 to 18 month medium-term CDs offer you higher yields than shorter term CDs.
If you have a long-term outlook, our CDs with maturities of 2 years or more reward you with the highest yields we have to offer.
Take Our One-Minute CD Test
What's The Best Place For Your Money?
Select the answer that best describes your situation in each question below. When you're finished, click Add Up My Points. Continue... I'll take the test later.
What Your Certificate of Deposit Test Score Means
Find Out What CD Is Right For You
If you're looking for an investment that protects your principle while giving you a higher return than traditional savings accounts, Certificates of Deposit (CDs) are a smart option. They are FDIC insured which means that your money is protected by the US Government up to $250,000. To help you decide whether a short-, medium- or long-term CD is right for you, compare your test score to the chart below.
Certificate of Deposit Chart
If Your CD Test Score is...
Under 70 points: You need a lot of liquidity, so a CD may not be right for you. Keep accumulating money in an investment savings account, like a money market account.
70 to 80 points: You need some liquidity, but you can afford to lock your money in for a short period of time. Choose a short-term CD that matures in 7 days to 12 months, and match the maturity date to your needs.
85 to 95 points: You will probably require access to your funds within the next 12 to 24 months. Select a medium-term CD that matures in 1 to 2 years, and match the maturity date to your needs. 100 points or more: You can afford to take advantage of the higher interest rates a long-term CD yields. Consider a CD that matures in 2 to 10 years, and match the maturity date to your needs.
The above chart is for your information only. Be sure to consult a customer service representative before opening a certificate of deposit or money market account.