Dedicated to Deposits: Deals, Data, and Discussion

4.86% 60-Month CD & 3.56% 12-Month CD at Langley FCU in Virginia


Langley Federal Credit Union is offering several competitive certificate rates. The best rates include 3.56% APY for 12 months, 3.66% for 18 months, 3.82% for 30 months and 4.86% for 60 months. The 60-month rate requires a $50K minimum deposit, but the shorter terms require only $1,000. The APY is 4.59% for a 60-month term with only a $1,000 minimum. Certificates are also available in Traditional and Roth IRAs. These rates are listed at the credit union's rate table as of 1/22/2009.

Membership is open to those who live, work, worship, or go to school in certain parts of Hampton, Newport News, Norfolk, Virginia Beach, and Williamsburg. You can also be eligible to join via employers, organizations and family. Please refer to the credit union's Membership Eligibility Page for the full details. Membership requires a minimum balance of $5 in the Prime Share Savings account.

The credit union has some strong ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Both ratings are based on 9/30/08 financial data. The credit union is federally insured by the NCUA (Charter # 1261).

Other Top Certificate of Deposit Rates

Two credit unions that are still offering very competitive CD rates are Northrop Grumman FCU (see post) and Western FCU (see post). Northrop Grumman FCU's rates are down a little since that post, but they remain very competitive with a 3.95% APY 12-month CD for a $40K minimum deposit (3.69% for $2.5K). Western FCU continues to offer its special 13-month CD with an APY of 4.05% with a $1K minimum. Both credit unions have branches in Virginia. In addition, anyone can join through an association and open accounts without a branch visit.

Related Pages: Virginia, CD rates, IRA rates

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Comment #1 by Anonymous posted on
has anyone dealt with this CU? If you join "Friends of Poquoson Library" supposely you can become a member. CSR stated you couldn't join the "Library" without living in the area. Rep. for the library stated that anyone can join and they're very happy to have out of state members (need the monies). Appreciate any feed back regarding this CU.