Cheney Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.cheneyfcu.com

509-235-6533

520 1St St
Cheney, WA 99004

Cheney Federal Credit Union is headquartered in Cheney and is the 37^th largest credit union in the state of Washington. It is also the 1,527^th largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 16 employees and 6,375 members at 2 locations. Cheney Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Cheney Federal Credit Union membership is open to those who live, work, worship or attend school in the Medical Lake or Cheney school districts or is an immediate family member of a current credit union member.
See current membership details

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	7101
Year Chartered	1951
Employees	16
Primary Regulator

Profit Margin
Return on Assets - YTD	0.32%
Return on Equity - YTD	3.32%
Annual Interest Income	$1.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$143.5MM$149.8MM
Loans	Q1 2025vs Q1 2024	$74.6MM$74.7MM
Deposits	Q1 2025vs Q1 2024	$128.7MM$135.2MM
Equity Capital	Q1 2025vs Q1 2024	$13.5MM$13.1MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$184K$136K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$310K$53K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cheney Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.16%^*	$50k^*	-	Super Saver Share Account
OTHER TIERS: 0.35% → $5 - $2.5k \| 0.60% → $2.5k - $5k \| 0.75% → $5k - $25k \| 0.95% → $25k - $50k
0.35%	$20	-	Regular Share Savings
0.35%	$5	-	All Kid's Club Accounts
0.35%	$5	-	Holiday Club Account

Cheney Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$500	-	Share Draft Checking

Cheney Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.65%	$50k	-	6 Month Super Share Certificate
3.65%	$50k	-	12 Month Super Share Certificate
3.65%	$50k	-	18 Month Super Share Certificate
3.65%	$50k	-	24 Month Super Share Certificate
3.55%	$500	-	6 Month Share Certificate
3.55%	$500	-	12 Month Share Certificate
3.55%	$500	-	18 Month Share Certificate
3.55%	$500	-	24 Month Share Certificate
3.55%	$500	-	36 Month Bump Rate Share Certificate
3.55%	$50k	-	36 Month Bump Rate Super Share Certificate

Cheney Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.04%	$2k	-	18 Month IRA Share Certificate
3.04%	$2k	-	36 Month IRA Share Certificate
3.04%	$2k	-	48 Month IRA Share Certificate
3.04%	$2k	-	60 Month IRA Share Certificate
0.50%	$5	-	IRA Share Savings

Locations

Cheney Federal Credit Union Locations
Branch Office	520 1ST ST	Cheney, WA 99004-1603
Branch Office	10505 W Westbow Rd	Spokane, WA 99224-7434

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