Competitive CD Rates at Crane Federal Credit Union in Indiana - Local Only

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APYMINMAXINSTITUTIONPRODUCTDETAILS
1.51%$500-Crane Federal Credit Union48 Month CD
0.50%$500-Crane Federal Credit Union24 Month CD
0.45%$500-Crane Federal Credit Union18 Month CD
Accounts mentioned in this post. Rates as of July 29, 2016.

Crane Federal Credit Union is offering several competitive CD rates for both their special and regular CDs. The two best specials include a 2.73% APY 33-month CD and a 1.61% APY 13-month CD. The competitive regular CDs include a 1.71% APY 18-month CD, a 2.05% APY 24-month CD and a 3.00% APY 48-month CD. Minimum deposit is $500, and the early withdrawal penalty is 180 days of dividends. These are available as both regular and IRA certificates. The rates are listed at the credit union's rate table as of 5/13/2010.

The credit union has continued to offer competitive CD rates since I first reported on them in January 2009.

Membership is open to members of an association in which anyone can join. Here's what the credit union states in their Membership Page:

You are also eligible for membership if you belong to an associational group that has sponsored membership for their group. ProVision is an example of an associational group. ProVision provides funds to organizations in the communities we serve, with the purpose of helping to feed and clothe those in need. Anyone can join ProVision with a $5 membership fee. All members of ProVision are eligible for membership with Crane Federal Credit Union.

Membership requires $5 for the savings account deposit and $5 for the ProVision donation. This credit union page has more details about ProVision. You can also be eligible to join the credit union via select employer groups. Refer to the credit union's SEG list for more details.

Even though they have an easy field of membership, I was informed last year that they require potential members to visit a branch to open an account. Accounts can no longer be opened by mail.

Branches are located in the Indiana cities of Odon, Crane, Washington, Linton, Bedford, Bloomington, Loogootee, Terre Haute and Plainfield.

Crane FCU continues to have strong ratings for safety and soundness: 5 stars (superior) at BauerFinancial, 4 stars (sound) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our Crane FCU rates and reviews page). Ratings are based on 12/31/09 financial data. The credit union is federally insured by the NCUA (Charter # 10544).

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2.75% 25-Month CD at Crane Federal Credit Union in Indiana - Available Nationwide
Update 9/26/09: It has been reported that the credit union no longer accepts applications by mail.

Crane Federal Credit Union has continued to offer competitive CD rates since I first reported on them in January. They currently have a 25-month certificate special with a 2.78% APY. They also have some competitive long-term certificates including a 3.04% APY 36-month CD and a 3.25% APY 48-month CD. Minimum deposit is $500. These are available as both regular and IRA certificates. The rates are listed at the credit union's rate table as of 7/28/09.

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3.56% 25-Month CD & 3.25% 13-Month CD at Crane FCU in Indiana - Easy Membership
Crane Federal Credit Union is offering three competitive CD specials: a 3.25% APY 13-month CD, a 3.56% APY 25-month CD and a 3.85% APY 48-month CD. Minimum deposit is $500. These are available as both regular and IRA certificates. These special rates are listed at the credit union's rate table as of 1/29/09. The effective date listed above the rate table is 1/28/09 so hopefully these rates will last for a while.

Membership appears to be open to members of an association in which anyone can join. Here's what the credit...

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