Collins Community Credit Union Has 37-Month CD Special, 3.29% APY


Deal Summary: 37-month Certificate Special, 3.29% APY ($250k), 3.24% APY ($100k), 3.19% APY ($50k), 3.13% APY ($10k), 3.09% APY ($1k)

Availability: Residents of 38 eastern Iowa counties.

Between 2014 and 2017, Collins Community Credit Union (Collins CCU) churned out a series of competitive Certificate Specials, but in the last two years, good CD rates at Collins CCU seem to have been on hiatus. While the rates on the 37-month Certificate Special were raised in substantially (53 bps) in December, at the time they weren’t that competitive. Eight months later, it’s a different story.

Like all of Collins CCU’s Certificates, the 37-month has tiered APYs, based on the following deposit levels:

    3.29% APY - $250k minimum

    3.24% APY - $100k minimum

    3.19% APY - $50k minimum

    3.13% APY - $10k minimum

    3.09% APY - $1k minimum

The Certificate Special is also being offered as an IRA Special (Traditional and Roth), earning the same APYs based on the same tiered balance levels.

As stated in the Truth-In-Savings disclosure, the Early Withdrawal Penalty reads as follows:

If your account has an original maturity of more than one year:
The penalty we may impose will equal 180 days interest on the amount withdrawn.


Headquartered in Cedar Rapids, Collins Community Credit Union’s field of membership (FOM) is residency based, with individuals who live or work in any of the following 38 eastern Iowa counties eligible to join:

Benton, Black Hawk, Boone, Bremer, Buchanan, Butler, Cedar, Clinton, Clayton, Dallas, Delaware, Des Moines, Dubuque, Fayette, Grundy, Henry, Iowa, Jackson, Jasper, Jefferson, Jones, Johnson, Keokuk, Linn, Louisa, Madison, Mahaska, Marion, Marshall, Muscatine, Polk, Poweshiek, Scott, Story, Tama, Warren, Washington, and Wapello.

Family members (by marriage or blood) of current Collins CCU also qualify for membership. Family members included parents, children, grandparents, grandchildren, brothers, sisters, great grandparents, great grandchildren, aunts, uncles, nieces, and nephews.

Employees of more than 90 Select Employee Groups are eligible to join Collins CCU.

When I last wrote about Collins CCU, the website included an online membership application, which could also be used to open a Certificate. I was surprised to discover the online application no longer exists. According to the “Open an Account” page,

To open your new account, please call 800-475-1150 ext. 1902, send us an email [[email protected]] including your name, contact number, and account interest, or visit any Collins Community Credit Union branch.

Collins CCU has 15 full-service Iowa branches located in Cedar Falls, Cedar Rapids (6), Des Moines (3), Dubuque, Iowa City, Johnston, Marion, North Liberty, and West Des Moines.

$1 Membership Share account is required to
establish Collins Community Credit Union membership.

Existing members can open a Certificate Special by logging into CU Online and clicking on Self Service. Then click on Open Additional Accounts listed under the Member Requests heading.

Credit Union Overview

Collins Community Credit Union has an overall health grade of "B+" at, with a Texas ratio of 9.62% (excellent), based on March 31, 2019 data. In the past year, Collins CCU has increased its total deposits by $32.99 million, an excellent annual growth rate of 3.48%. Please refer to our financial overview of Collins Community Credit Union (NCUA Charter # 62969) for more details.

Collins Community Credit Union’s origins can be traced back to 1932 when Arthur Collins, a ham operator, founded The Collins Radio Company. Collins CCU was founded in 1940 by ten Collins Radio employees who recognized the need for an alternative financial institution. Five years ago, Federal Employees Credit Union (Des Moines) merged with Collins CCU, and by the end of this August, Village Credit Union (also headquartered in Des Moines) will have merged with Collins CCU. Currently Iowa’s fourth largest credit union, Collins CCU has nearly 81,000 members and assets in excess of $1.2 billion.

How the Certificate Specials Compare

When compared to the similar length-of-term CDs tracked by available within the FOM, Collins Community Credit Union’s 37-month Certificate Special APYs currently holds most of the top positions, regardless of minimum deposit requirements.

The above rates are accurate as of 7/26/2019.

To look for the best CD rates, both nationwide and in your state, please refer to our CD Rates Table, page.

Related Pages: Cedar Rapids CD rates, Des Moines CD rates, 5-year CD rates

Collins CCU Adds New 15- And 28-Month Certificate Specials

Deal Summary:

    15-month Certificate Special (1.51% to 1.71% APY, $1k to $250k min)

    28-month Certificate Special (1.91% to 2.12% APY, $1k to $250k min)

Availability: Residents of 38 eastern Iowa counties.

Over the past three years, Collins Community Credit Union (Collins CCU) has offered a variety of competitive Certificate Specials. The latest offerings were announced yesterday – a 15-month Certificate Special and a 28-month Certificate Special.

Like all of Collins CCU’s Certificates, the two Certificate Specials have tiered APYs, based on the following deposit levels:

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    Collins CCU Adds New 19-Month Certificate Special
    Availability: Residents of 38 eastern Iowa counties

    Over the past two years, I have written about a number of competitive Certificate Specials offered by Collins Community Credit Union (Collins CCU). The newest was rolled out yesterday – a 19-month Certificate Special.

    Like all of Collins CCU’s Certificate Specials, the 19-month has tiered APYs, based on the following deposit levels:

    • 1.81% APY - $1k+
    • 1.86% APY - $10k+
    • 1.91% APY - $50k+
    • 1.96% APY - $100k+
    • 2.01% APY - $250k+

    The Certificate Special is also being offered as an IRA Special (Traditional and Roth), earning...

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    Collins Community CU (IA) Adds Three CD Specials
    Availability: Residents of 38 eastern Iowa counties

    As of this week, Collins Community Credit Union’s (Collins CCU) 75th Anniversary Certificate Specials are no longer available, but in their stead, Collins CCU has added three new Certificate Specials that have tiered APYs.

    The minimum opening deposit for any of the Certificate Specials is $1K and there are no balance caps.

    All of the Certificate Specials have tiered APYs, based on the following deposit levels:

    Interest RateCD Length of TermDeposit Level
    1.05% APY10-Month Certificate Special$1K+
    1.11% APY10-Month Certificate Special$10K+

    Continue Reading
    Collins Community CU (IA) Celebrates 75 Years With CDs
    Availability: Residents of 31 eastern Iowa counties

    Earlier this month, Iowa’s Collins Community Credit Union (Collins CCU) added a 62-month CD 75th Anniversary Special, with APYs ranging from 2.40% to 2.60% based on the deposit balance.

    This is a limited time offer, but no specific end date is state on the Collins CCU’s website. The minimum opening deposit is $1K, with no balance cap.

    The current APYs for the 62-month CD 75th Anniversary Special are as follows:

    • 2.40% - $1K+ balance
    • 2.45% - $10K+ balance
    • 2.50% - $50K+ balance
    • 2.55% - $100K+ balance
    • 2.60% -...

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    Collins Community CU (IA) Offers Competitive 40-Month Tiered CD Special

    UPDATE October 9, 2014: Rates have been raised.

    • 2.02% APY (<>
    • 2.07% APY (<>
    • 2.12% APY (<>
    • 2.17% APY (<>
    • 2.22% APY ($250K+)

    Collins Community Credit Union (IA) has raised the rates on its 40-month Tiered CD Special to very attractive levels. This CD is also available as an IRA (Traditional and Roth). This 40-month Tiered CD Special requires a minimum $1K deposit to open and there is no maximum balance cap.

    According to Collins Community Credit Union's Truth In Savings Disclosure , the Early Withdrawal Penalty is as follows:...

    Continue Reading

    More Past Offers

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