Florida Credit Union Offers 12-Month CD Special (1.76% APY)


Availability: 27 counties in North and Central Florida

Earlier this month, Florida Credit Union (FCU) added a 12-month CD Special (1.76% APY). The minimum deposit is $2k, with no stated balance cap.

The 12-month CD Special is also available as an IRA (Traditional), earning the same APY with the same funding requirements.

As stated on FCU’s Truth in Savings disclosure, the Early Withdrawal Penalty for the 12-month CD Special is 180 days interest.


Headquartered in Gainesville, Florida Credit Union field of membership (FOM) is residency based, with individuals who live or work in the following 27 North and Central Florida counties eligible to join:

Alachua, Baker, Bradford, Citrus, Clay, Columbia, Dixie, Duval, Flagler, Gilchrist, Hamilton, Hernando, Jefferson, Lafayette, Lake, Levy, Madison, Marion, Nassau, Putnam, Seminole, St Johns, Sumter, Suwanee, Taylor, Union, and Volusia.

Joining FCU and/or opening a CD* can be done online, or in person at any of eleven Florida branches located in DeLand, Gainesville (4), Lake City, Ocala (4), and Starke.

*The online membership application doesn’t list CDs as an account option. Using FCU’s online chat service, I was told that after you submit your membership application, you can then instruct the Credit Union by phone, or online, to open a CD. Funds for the CD must first be available in your FCU savings or checking account.

Credit Union Overview

Florida Credit Union, has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 3.23% (excellent), based on September 30, 2016 data. In the past year, Florida CU has increased its total non-brokered deposits by $108.88 million, an excellent annual growth rate of 17.9%. Please refer to our financial overview of Florida Credit Union for more details.

Florida Credit Union was originally chartered in 1954 as the Alachua County Teachers’ Credit Union, which was owned and operated by teachers in the Alachua County School System. Within two years of opening its doors, the Credit Union began adding more school systems and community colleges to its FOM. 64 years later, after two name changes, a charter change, and expansion throughout North and Central Florida, FCU is currently the 18th largest credit union in Florida, with more than 80,000 members and assets in excess of $860 million.

How the CD Special Compares

When compared to the 210 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Florida Credit Union’s 12-month CD Special APY currently ranks first.

The above rates are accurate as of 12/26/2016.

To look for the best CD rates, both nationwide and state specific, please refer to our CD rates table or our new Rates Map page.

Anonymous   |     |   Comment #1
Any idea when this special CD at 1.76% will end.
Anonymous   |     |   Comment #2
I'm In at 1.76, what a great deal.
  |     |   Comment #3
I can't believe this deal is still available. It's an excellent CD special.
3 Competitive CD Specials at Florida Credit Union
Availability: 27 counties in Northern and Central Florida

Florida Credit Union (FCU) has introduced three CD specials with terms of 12 months (1.05% APY), 24 months (1.51% APY) and 36 months (1.76% APY). All three are also available in an IRA. Minimum deposit is $10K, and there is no maximum balance. FCU’s early withdrawal penalties are substantial: 270 days (12 month), 360 days (24 month) and 540 days (36 month). These are limited-time specials, and they are scheduled to expire on November 30, 2015.


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