Dedicated to Deposits: Deals, Data, and Discussion
Jefferson Financial Credit Union1.26%$10k-60 Month Share Certificate
Jefferson Financial Credit Union0.70%$10k-24 Month Share Certificate
Jefferson Financial Credit Union0.50%$10k-12 Month Share Certificate
Accounts mentioned in this post. Rates as of August 28, 2014

Top CD Rates in Louisiana - Jefferson Financial & Other Credit Unions - Local Only


Jefferson Financial Credit Union

Louisiana is one of the states with top deposit rates, and some of the best CD rates are being offered by Jefferson Financial Credit Union. There are two rate tiers, and the top tier only requires a $10K minimum deposit. In this top tier, the most competitive CDs include a 3.00% APY 5-year CD, 2.25% APY 2-year CD and a 1.75% APY 1-year CD. Rates are 25 basis points lower for a $1K minimum. These rates are listed at the credit union's CD rate tables as of 7/19/2011.

Membership is open to all residents of Jefferson Parish, which includes most of the suburbs of New Orleans. Also eligible are employees of certain Select Employee Groups. Please refer to the credit union's Membership Eligibility Page for more details. Membership requires a one-time $5 fee and a minimum balance of $25 in the Primary Savings Account.

Jefferson Financial Credit Union branches are located in the Louisiana cities of Metairie, Marrero, Harvey, Jefferson, Kenner and St. James.

The credit union has an overall health score at of 5 stars (out of 5) with a Texas Ratio of 8.66% (above average) based on March 2011 data. Please refer to our financial overview of Jefferson Financial Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60738).

How These CD Rates Compare

All of Jefferson Financial Credit Union's CD rates are higher than nationally available CD rates. The one term that's the best is the 2-year CD. It's almost 50 basis points higher than the best nationally available CD (1.77% APY at Self-Help Credit Union as of 7/19/2011).

As I mentioned at the start of the post, Louisiana has several credit unions offering top rates. For those in the Baton Rouge metro area, E Federal Credit Union has some CD rates higher than nationally available CD rates. Aneca Credit Union has several top CD rates for those in the Shreveport metro area.

Searching for the Best CD Rates

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of

  Tags: Jefferson Financial Credit Union, Louisiana, CD rates

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Comment #1 by Bozo posted on
I hate to state the obvious, but this wouldn't be owned by the "Mr. Jefferson" would was indicted for stashing money in his freezer, would it? Plunking money in Louisiana takes a bit of a leap of faith, FDIC or NCUA-insurance notwithstanding.

Laissez les bon temps rouller and all that. Il nous faut gagner de l'argent, mais pas de moi.

Pardon my grammar, francophiles. It's been a while since I studied French.


Comment #2 by pearlbrown posted on
The former US Representative indeed took that bit about "cold hard cash" too literally. 


Comment #3 by Anonymous posted on
"Jefferson" refers to the parish where the credit union is located!!!