Dedicated to Deposits: Deals, Data, and Discussion

5.72% 12-Month CD at a Wisconsin CU - and a $50 Checking Bonus (Royal)


Royal Credit Union is offering a 5.72% APY 12-month certificate of deposit. The minimum is $25K. The rate for a minimum of $100 is 5.57% APY. These rates require a bonus relation which includes an active RCU checking account and the regular use of five other qualifying services. Without the bonus, the rates are 0.25% less. See site for the details.

In addition to the high yield CD, RCU is offering a $50 bonus for opening a checking account. You must be a new member or an existing member without a RCU checking account within the last 6 months. You can also earn up to an extra $10 for turning in old checks from another institution (10 cents per check). The nice thing about this bonus is that it doesn't require direct deposit, and the bonus will be deposited into the account at the time the account is opened.

The field of membership includes those who live in one of several counties in Wisconsin. You can also be eligible via immediate family member who is a credit union member or is just eligible to join. See site for details.

Branches are located in the cities of Eau Claire, Chippewa Falls, Colby, New Richmond, Rice Lake and Whitehall.

The credit union is federally insured by the NCUA. It has $786 million in assets and 106,674 members.

Thanks to the reader who mentioned the $50 checking bonus in the finding deals post.