Now through Halloween, Community First Credit Union (Community First) is offering a Spooktacular 15-month CD, which earns 3.15% APY. The minimum deposit is $10k, with no stated balance cap.
This is a straightforward CD with no special requirements, like new money or a checking relationship. As the promotion page states,
No tricks – just treats and one Spooktacular Certificate of Deposit.
The CD is also available as an IRA (Traditional, Roth, and CESA) earning the same APY, with the same funding requirements.
CSR stated that the Early Withdrawal Penalty is 160 days interest and partial withdrawals are permitted.
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, and Winnebago, eligible to join.
Joining Community First and/or opening a CD must be done in-person at any of 28 Wisconsin branches located in Appleton (11), Bellevue, De Pere, Green Bay, Greenville, Kimberly, Manitowoc, Menasha, Neenah (3), New London, Nichols, Oshkosh (2), Two Rivers, and Waupaca (2).
Community First’s online banking platform is currently limited to account management and bill payments services.
Credit Union Overview
Community First Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas ratio of 1.60% (excellent) based on June 30, 2018 data. In the past year, Community First has increased its total non-brokered deposits by $148.96 million, an excellent annual growth rate of 6.4%. 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 third largest credit union, Community First currently has over 134,500 members and assets in excess of $2.9 billion.
How the Spooktacular CD Special Compares
When compared to 223 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 Spooktacular 15-month CD Special APY currently ranks first.
|Interest Rate||CD Length of Term||Credit Union/Bank|
|3.15% APY||Spooktacular 15-month CD Special ($10k min)||Community First Credit Union|
|3.04% APY||Online 19-Month CD ($500 min)||MutualOne Bank|
|3.00% APY||19-Month CD Promo ($1k min)||McGraw-Hill Federal Credit Union|
The above rates are accurate as of 10/29/2018.
Looking for other hair-raising CD rates, either nationwide or state specific? Please refer to our CD Rates Table page.