Dedicated to Deposits: Deals, Data, and Discussion

4.25% 12-Month CD at Sound Credit Union in Washington State


Sound Credit Union
Sound Credit Union is offering a special 4.25% APY 12-month certificate. The minimum deposit is $500. The Jumbo 12-month certificate with a minimum of $100,000 has a yield of 4.35% APY.

My last post on this credit union was in April when it was offering a 3.90% 11-month CD. You can see how the rates have increased in the last few months.

Membership is open to anyone who lives or works in Washington State or who has a direct relative who is a member or would be eligible to be a member. Please refer to their You-Can-Join page for the full details. Membership requires a minimum $25 deposit in the savings account. Note, a reader in the previous post mentioned being told by the credit union that they require you to come into a branch to join.

Branches are located in the Washington cities of Auburn, Lakewood, Gig Harbor, Key Center, Olympia, Puyallup and Tacoma. The credit union is federally insured by the NCUA (Charter # 66331). It has $397.8 million in assets and 36,707 members.

As its name implies, the credit union has some top ratings for financial soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Both are based on 6/30/08 data.

  Tags: Washington, CD rates, Sound Credit Union

Related Posts