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Banking » Compare Banks » 6 Credit Unions With Highly Competitive CD Rates

6 Credit Unions With Highly Competitive CD Rates

If you're looking for a credit union with competitive CD rates, we've gathered some of the most lucrative options you can find these days.

Article update: November 30, 2024

Article update:November 30, 2024

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With numerous credit unions vying for attention, identifying those with the most attractive CD rates can be a challenging task.

In this article, we present a comprehensive list of six credit unions that stand out for their highly competitive CD rates.

These institutions not only offer attractive interest rates but also prioritize customer satisfaction and financial security.

Navy Federal Credit Union

APY Range

4.35%

Minimum Deposit

$1,000

Terms

3 months – 7 years

Fees

Navy Federal Credit Union offers different options for certificates with varying terms and interest rates, so you can choose the one that suits your savings goals.

Apart from certificates, they also provide other savings and investment products like savings accounts, money market accounts, and individual retirement accounts (IRAs).

Certificate Term	Navy Federal APY
3 Months	2.15% – 2.20%
6 Months	0.45% – 0.50%
12 Months	4.30% – 4.35%
18 Months	4.10% – 4.15%
24 Months	4.00% – 4.05%
36 Months	4.00% – 4.05%
60 Months	3.80% – 3.85%
84 Months	3.80% – 3.85%
15 Months (Special CD)	4.85%

Navy Federal Credit Union is a non-profit organization based in Virginia, and it's one of the largest credit unions in the US.

They mainly serve members of the military and their families, and they have a whopping 9 million members worldwide.

Connexus Credit Union

APY Range

3.51% – 4.85%

Minimum Deposit

$5,000

Terms

12 months – 5 years

Fees

You can choose from different options when it comes to Connexus CDs or Share certificates.

These are like savings accounts that you put money into for a certain period of time, ranging from 12 months – 5 years.

They offer a special CD and Jumbo CDs as well.

Another option is the Bump Up CD – with the Bump Up CD, you can increase your interest rate once during the term.

CD Term	APY
12 Months	3.42% – 3.52%
15 Months (special)	5.00% – 5.10%
24 Months	3.55% – 3.65%
36 Months	3.35% – 3.45%
48 Months	3.11% – 3.21%
60 Months	3.16% – 3.26%

Connexus provides a convenient way to open an account online. All you need to do is follow a few simple steps on the relevant product page, and you'll be good to go.

Pen Fed Credit Union

APY Range

2.00% – 4.35%

Minimum Deposit