Dedicated to Deposits: Deals, Data, and Discussion
Workers' Credit Union2.25%$500-72 Month Member Relationship CD
Workers' Credit Union1.01%$25k-18 Month Member Relationship CD
Workers' Credit Union1.01%$25k-18 Month Member Relationship IRA (Traditional,Roth,CESA)
Accounts mentioned in this post. Rates as of August 20, 2014

Top 18-Month & 6-Year CD Rates at Workers Credit Union - MA & NH Only


Workers' Credit Union

Workers Credit Union is offering two competitive rates on its CDs and IRA CDs. The short-term CD deal is an 18-month CD with a 1.50% APY. The long-term CD deal is a 6-year CD with a 2.50% APY. Minimum deposit is $500 for CDs and $1,000 for IRA CDs. These are Member Relationship CD rates which require a Workers’ checking account with at least one monthly direct deposit of pay or Social Security. Without the relationship, the rates are 75 basis points lower. These are rates are listed in the credit union's rates page as of 10/9/2012.

According to the account disclosure, the early withdrawal penalty is 180 days of dividends on the amount withdrawn for terms over 1 year.

There's an online application that allows people to join the credit union and open accounts.

Credit union membership is open to anyone who lives or works in Massachusetts and Southern New Hampshire. Please refer to the credit union's About page for more details. A minimum $25 balance is required in the membership account.

The credit union has an overall health score at of 5 stars (out of 5) with a Texas ratio of 5.88% (excellent) based on June 2012 data. Please refer to our financial overview of Workers Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 66479).

How These CD Rates Compare

The highest CD rate that's nationally available is 2.25% APY for a 7-year term at Air Force Federal Credit Union. The highest for a 7-year bank CD is 2.00% APY at Discover Bank. There aren't many 6-year CDs, and those that are nationally available have rates under 2.00%.

The highest 18-month CD rate that's nationally available is 1.15% APY at Salem Five Direct and at NexBank.

These rates are accurate as of 10/9/2012.

Searching for Top CD Rates

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

  Tags: Massachusetts, New Hampshire, CD rates, IRA rates, Workers' Credit Union

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