The traditional gift for a 40th anniversary is rubies, but rather than showering its members with shiny, red precious gems, Community First Credit Union (Community First) is offering a 17-month CD Anniversary Special (1.37% APY) and 47-month CD Anniversary Special (2.27% APY) for a limited time.
The minimum opening deposit for these limited-time CDs is $10K, with no maximum balance cap. Both CDs are also available as IRAs (Traditional, Roth, and CESA) earning the same APYs, with the same funding requirements.
According to CSR, the Early Withdrawal Penalty for the 17-month CD Anniversary Special is 180 days interest, and 360 days for the 47-month CD Anniversary Special.
Headquartered in Appleton, Wisconsin, Community First Credit Union’s field of membership is residency based, with anyone who lives, works, or attends school in the Wisconsin counties of Brown, Calumet, Fond du Lac, Green Lake, Manitowoc, Oconto, Outagamie, Shawano, Sheboygan, Waushara, Waupaca, and Winnebago, eligible to join.
Joining Community First and/or opening a 40th Anniversary CD Special must be done in-person at any of 25 Wisconsin branches located in Appleton (9), Bellevue, De Pere, Green Bay, Greenville, Kimberly, Manitowoc, Neenah (3), New London, Nichols, Oshkosh (2), Two Rivers, and Waupaca (2).
At this time, Community First’s online banking capabilities are 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 3.18% (excellent) based on June 30, 2015 data. In the past year, Community First Credit Union has increased its total deposits by $130.9 Million, and excellent annual growth rate of 7.39%. Please refer to our financial overview of Community First Credit Union for more details.
While most credit unions owe their existence to groups of people with common bonds coming together, Community First Credit Union (NCUA Charter # 66642) 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) was chartered in 1975, and within three years had merged with the 13 Service Center credit unions. The name was changed to Community First Credit Union in 1983 and today has over 118,000 members and assets in excess of $2.1 Billion.
How the CDs Compare
When compared to the 266 similar length-of-term CDs tracked by DepositAccounts.com that are available to Wisconsin residents, Community First Credit Union's 17-month CD Anniversary Special currently ranks second, regardless of minimum deposit.
When compared to the 298 similar length-of-term CDs tracked by DepositAccounts.com that are available to Wisconsin residents, Community First Credit Union's 47-month CD Anniversary Special currently ranks first, regardless of minimum deposit.
The above rates are accurate as of 10/21/2015.
To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.