Community First Credit Union (WI) Adds 15- and 20-Month CD Specials

POSTED ON BY

Deal Summary: CD Specials – 15-month (1.00% APY) and 20-month CD (1.00% APY), $10k minimum.

Availability: Residents of 13 northeastern Wisconsin counties.

For the past six years, Community First Credit Union (Community First) has been offering competitive limited-time CD Specials. The current offering is a 15-month CD Special and 20-month CD Special, both earning 1.00%. These limited-time offers require a minimum deposit of $10k, with no stated balance cap. While there is no end-date specified, Community First CD Specials have historically been available for several weeks.

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.00%$10k-Community First Credit Union (WI)15 Month CD Special
1.00%$10k-Community First Credit Union (WI)15 Month IRA Special (Traditional, Roth, CESA)
1.00%$10k-Community First Credit Union (WI)20 Month CD Special
1.00%$10k-Community First Credit Union (WI)20 Month IRA Special (Traditional, Roth, CESA)
Rates as of October 19, 2021.

Both CD Specials are also available as IRAs (Traditional, Roth, and CESA) earning the same APY, with the same funding requirements.

Note: If you look at the drop-down box listed under “Details,” it looks like both CD Specials have just experienced substantial rate drops. The software that tracks rates captures the current APY without taking into account any breaks of product availability. For example, while the 20-month CD Special had a 1.60% APY in July 2020, it hasn’t been part of the product for more than a year. When it recently became available, the software automatically plugged in the new rate into the already existing 20-month CD Special rate history, skewing the continuity of the APYs.

According to CSR, the Early Withdrawal Penalty (EWP) for 15-month and 20-month CDs is 180 days interest, with partial withdrawals permitted.

Dividends are compounded/credited monthly and can be added back into the CD, transferred to another Community First account, or a check can be mailed to the address on file.

Maturing funds will be distributed through a check or transferred into an existing Community First checking or savings account.

5-Year CD

Community First also has a long-term non-special CD that deserves a mention. The 5-year CD currently earns 1.30% APY and can be opened with a $1k minimum deposit. The 5-year IRA CD also earns 1.30% APY, with a minimum $1k opening deposit. The EWP is 180 days on the amount being withdrawn.

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.30%$1k-Community First Credit Union (WI)5 Year CD
1.30%$1k-Community First Credit Union (WI)5 Year IRA (Traditional, Roth, CESA)
Rates as of October 19, 2021.

In early 2019, the 5-year CD offered a “wow-worthy” 3.25% APY. In a series of ten rate drops beginning in July 2019, the 5-year CD lost 195 bps, but has remained competitive in the falling rate climate.

Availability

Headquartered in Appleton, Wisconsin, Community First Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, or attend school in the Wisconsin counties of Brown, Calumet, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Oconto, Outagamie, Shawano, Sheboygan, Waushara, Waupaca, or Winnebago, eligible to join.

Joining Community First and/or opening a CD Special can be done in-person at any 20 Wisconsin branches located in Appleton (6), Bellevue, De Pere, Green Bay, Greenville, Kimberly, Manitowoc, Menasha, Neenah (3), Nichols, Oshkosh (2), and Waupaca. Appointments can be scheduled by calling the appropriate branch location.

According to CSR, joining Community First can also be done by calling 920.830.7200. After a new membership is approved, opening a CD Special can be done by phone or by special appointment.

Current Community First members can open a CD Special by phone (920.830.7200 or 866.273.2328), by using the Online Banking platform, or by scheduling an in-branch appointment.

Your Community First Regular Savings account establishes your Community First membership. A $5 minimum deposit gives you a share of ownership and access to all benefits of credit union membership.

Credit Union Overview

Community First Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 0.85% (excellent) based on June 30, 2021 data. In the past year, Community First has increased its total non-brokered deposits by $701.87 million, an excellent annual growth rate of 21.45%. Please refer to our financial overview of Community First Credit Union (NCUA Charter # 66642) for more details.

While most credit unions owe their existence to groups of people with common bonds joining forces, Community First Credit Union seems to have been single-handedly established by Maurice Dresang. In 1953, Dresang organized the Outagamie County Credit Union and was subsequently asked to manage the Zwickernit Credit Union in 1966, and the Postal Employees Credit Union in 1969. In 1970, Dresang brought all three credit unions under one roof at the Appleton Credit Union Service Center.

The Appleton Area Credit Union (composed of Outagamie, Zwikernit and Postal Employees CUs) obtained a charter in 1975 and merged with the 13 Service Center credit unions in less than three years. The Community First Credit Union re-brand occurred in 1983. As Wisconsin’s fourth largest credit union, Community First currently has more than 147,000 members and assets in excess of $4.6 billion.

How the CD Specials Compare

When compared to 208 similar length-of-term CDs tracked by DepositAccounts.com that require a minimum deposit of $10k or less and are available within the FOM, Community First Credit Union's 15-month and 20-month CD Special APYs share the top spot with USALLIANCE Financial’s 18-month Certificate Special APY and BCU’s 18-month CD Special APY.

How the 5-Year CD Compares

When compared to 236 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Community First Credit Union's 5-year CD APY ranks second.

The above information and rates are accurate as of 9/17/2021.

Looking for the best CD rates, either nationwide or state-specific? Please refer to our CD Rates Table page.

Related Pages: Green Bay CD rates, 1-year CD rates, 5-year CD rates

Comments
Community First Credit Union (WI) Offers Competitive CD Rates
Deal Summary: CDs – 1-year (0.75% APY), 18-month (0.85% APY), 2-year CD (0.95% APY), 3-year (1.15% APY), and 5-year CD (1.30% APY), $1k minimum.

Availability: 13 northeastern Wisconsin counties.

In the first quarter of 2020, Community First Credit Union (Community First) offered a variety of limited-time CD Specials with excellent rates. By the fall of 2020, the CD Specials had disappeared, but the majority of Community First’s regular CDs had become rate leaders. While all the APYs have fallen a uniform 45 bps since my September 2020...

Continue Reading
Community First Credit Union (WI) CDs Are Rate Leaders
Deal Summary: CDs – 1-year (1.20% APY), 18-month (1.30% APY), 2-year CD (1.40% APY), 3-year (1.50% APY), and 5-year CD (1.75% APY), $1k minimum.

Availability: 13 northeastern Wisconsin counties.

In the past eight months, I’ve written three blog posts about a variety of limited-time CD Specials offered by Community First Credit Union (Community First). The last of those competitive CD Specials has expired, but the majority of Community First’s regular CDs have become rate-leaders, as the musical-chair rate changes continue. All of these CDs can be opened...

Continue Reading
Community First Credit Union 2-Year CD Has Top Rate In Wisconsin
Update 8/18/2020: Community First Credit Union's CD rates have fallen since the day of publication.

Deal Summary: 2-year CD (1.55% APY) and 5-year CD (1.95% APY), $1k minimum.

Availability: 13 northeastern Wisconsin counties.

In April, I wrote about two limited-time CD Specials offered by Community First Credit Union (Community First). While those Specials are no longer available, two of Community First’s regular CDs have competitive APYs that qualified for inclusion in the most recent CD Rates Summary. Both the 2-year CD (1.55% APY) and the 5-year...

Continue Reading
Community First Credit Union (WI) Adds 13- and 20-Month CD Specials
Deal Summary: CD Specials – 13-month (1.80% APY) and 20-month CD (1.80% APY), $10k minimum.

Availability: Residents of 13 northeastern Wisconsin counties.

Since 2015, Community First Credit Union (Community First) has been offering competitive limited-time CD Specials. This past January, Community First unveiled a 16-month CD Special, earning 2.30% APY; that CD Special was available for about three weeks. Community First is currently offering a 13-month and 18-month CD Special, both earning 1.80% These limited-time offers require a minimum deposit of $10k, with no stated balance...

Continue Reading
Community First Credit Union (WI) Adds 16-Month CD Special
Deal Summary: 16-month CD Special, 2.30% APY, $10k minimum.

Availability: Residents of 13 northeastern Wisconsin counties.

Last week, Community First Credit Union (Community First) unveiled a 16-month CD Special, which earns 2.30% APY. This limited-time offer requires a minimum deposit of $10k, with no stated balance cap.

The CD Special is also available as an IRA (Traditional, Roth, and CESA) earning the same APY, with the same funding requirements.

I’m not sure what the Early Withdrawal Penalty (EWP) is. In the past, CSR stated that the EWP for 15-month...

Continue Reading

More Past Offers



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.