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.

Branch Managers

Exposition Park – Branch Manager

Leo Mendez
323.232.4271 x200

Mid-Wilshire – Branch Manager

Gabriel Lopez
323.931.1886 x5221

Inglewood – Branch Manager

310.412.3280 x212

Certificates of Deposit

Short-Term CDs

Short term savings certificates, usually up to 3 months, offer you the fastest, readiest access to your money.

Medium-Term CDs

Our 6 to 18 month medium-term CDs offer you higher yields than shorter term CDs.

Long-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.


scale

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.

Since interest rates are constantly changing, they can be higher or lower next month or next year. In which direction do you believe interest rates are headed now?

Score:

Higher
10

No Opinion
15

Lower
20

How important is it to you to be able to withdraw money from your account on short notice without a penalty?

Score:

Very Important
10

Somewhat Important
15

Not Important
20

How important is it to you to be able to add amounts less than $500 to your account at any time?

Score:

Very Important
10

Somewhat Important
15

Not Important
20

How important is it to you to be able to lock-in the highest available interest rate, even if it means tying up your money?

Score:

Very Important
10

Somewhat Important
15

Not Important
20

Which of these accounts do you already have, here or at another institution?

Score:

Money Market
10

Certificate Of Deposit
10

Neither
10

Both
15

Which statement best describes your plans for savings?

Score:

I just want the money to be there for a rainy day.

5

I'm saving for a specific expense less than a year away.

5

I plan to use the interest income to meet living expenses.

10

I'm saving for a specific expense more than a year away.

20

No plans right now, I just want my savings to grow.

20



©1985 The Forms Group, All Rights Reserved.

   

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.