Dedicated to Deposits: Deals, Data, and Discussion

5.70% 12-Month CD / 5.80% 24-Month CD at a Minnesota CU (SMW)


SMW Federal Credit Union is offering a 5.70% APY 12-month certificate of deposit. The minimum deposit is $50K. A 5.60% APY is available with a minimum $25K deposit, and a 5.90% APY is available with a $100K deposit. The credit union lists other high yield CDs for longer terms with minimum balances from $25K to $100K. Some examples include a 6.00% APY 24-month CD with a $100K minimum and a 6.00% APY 60-Month CD with a $25K minimum.

Field of membership includes those who live, work, worship, volunteer or attend school in Anoka County. Also, anyone related to a current member is eligible to join. Branches are located in Maplewood and Fridley, MN.

The credit union is federally insured by the NCUA. It has $52.8 million in assets and 5,009 members.