Dedicated to Deposits: Deals, Data, and Discussion

5.60% 12-Month CD at a Minnesota CU (SMW)


SMW Federal Credit Union is offering a 5.60% APY 12-month certificate of deposit. The minimum deposit is $25,000. A 5.25% APY is available with a minimum $10K deposit. The credit union continues to list 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. These are the same standard rates that I reported on in January when the 12-month special CD had a 5.70% APY.

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 (Charter # 24363). It has $53.1 million in assets and 4,918 members.

  Tags: Minnesota, CD rates

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