Credit Union Of Denver 13-Month CD Special Is A Rate Leader


Deal Summary: 13-month Certificate Special, 0.90% APY, $5k minimum deposit

Availability: Easy membership requirement

DA reader and prolific Forum contributor, ichaelm, has once again uncovered a competitive product: a 13-month Certificate Special earning 0.90% APY offered by Credit Union of Denver (CUD). The minimum opening deposit $5k, with no stated balance cap.

The 13-month Certificate Special has been part of CUD’s product line for more than six years, with its highest rate, 2.75% APY, in effect between March and December 2019. The APY began to fall about a year ago, with 185 bps lost in four rate decreases.

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

If certificate funds other than interest are withdrawn before maturity date, there will be a forfeiture of interest based on the original term of the certificate:

Over one year but less than 5 years - 90 days interest or $20.00, whichever is greater.

Funding and Accessing Maturing Funds

According to CSR, transferring funds already in your share savings account is the easiest way to fund a Certificate. Funds can be placed into a share savings account by ACH, wire, or check. CUD participates in the CO-OP Shared Branch network, providing members with “access to over 3,500 credit unions with more than 5,600 branches, nearly 30,000 surcharge-free ATMs nationwide.”

As a non-renewable certificate, the 13-month Certificate funds “will be transferred to Prime Savings Accounts automatically at maturity.”


Headquartered in Lakewood, Colorado, Credit Union of Denver’s field of membership (FOM) provides a way for almost any U.S. citizen or resident alien to join.

Easy Membership: Anyone who joins Consumer United Association (CUA) is eligible to join CUDenver.

Residency: Individuals who live or work in the Colorado counties of Adams, Araphoe, Boulder, Denver, Douglas, or Jefferson are eligible to join.

Employment: Employees of more than 180 Select Employee Groups (including many federal government agencies and colleges/universities) are eligible to join.

Relationship: Immediate family members or household members of existing CUD are membership-eligible. Immediate family is defined as spouse, children, sibling, parent, grandparent, grandchildren, including step and adoptive relations.

Joining CUD and/or opening a Certificate Special can be done online, or at either of two Colorado branches located in Denver and Lakewood (W. Alameda Avenue). The Lakewood branch located in the Denver Federal Building has temporarily closed its lobby.

A minimum deposit of $5 is required to open a Credit Union
of Denver Savings Account and to establish your membership.

Credit Union Overview

Credit Union of Denver has an overall health grade of "A+" at, with a Texas Ratio of 2.76% (excellent) based on September 30, 2020 data. In the past year, CUD increased its total non-brokered deposits by $116.62 million, an excellent annual growth rate of 15.54%. Please refer to our financial overview of Credit Union of Denver (NCUA Charter # 64342) for more details.

Founded in 1931 as the Denver Federal Credit Union (DFCU), the original field of membership was exclusive to federal employees. DFCU changed its name to Denver Interior Employees Credit Union (DIECU) in 1950, as the FOM expanded to include the residents of Denver and the surrounding areas. The last rebrand occurred in 1987, when DIECU became Credit Union of Denver as the FOM expanded even further. As the eighth largest (and also the oldest) credit union in Colorado, Credit Union of Denver has more than 65,000 members and assets in excess of $989 million.

How the Certificate Special Compares

When compared to 216 similar length-of-term CDs tracked by that require a similar minimum deposit ($5k or less) and are nationally available, Credit Union of Denver's 13-month Certificate Special APY currently shares the top spot with Quontic Bank’s 1-year CD APY and CommunityWide Federal Credit Union’s 12-month Share Certificate APY.

The above rates are accurate as of 12/24/2020.

To look for the best CD rates, either nationwide or state-specific, please refer to our CD Rates Table page.

Related Pages: Denver CD rates, 1-year CD rates, nationwide deals

Credit Union of Denver Offers 13-Month CD Special
Deal Summary: 13-month Certificate Special, 2.75% APY, $5k minimum deposit.

Availability: Easy membership requirement

Credit Union of Denver (CUD) has a 13-month Certificate Special, which earns 2.75% APY. The minimum opening deposit is $5k, with no stated balance cap. Like several of the CDs I’ve written about in the last couple of weeks, the 13-month Certificate Special’s current rate has been in place for a few months, but has only become blog worthy as comparable rates have begun to fall.

As stated in the Truth-in-Savings disclosure, the Early...

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