Earlier this week, Fox Communities Credit Union (Fox Communities CU) unveiled a 13-month CD Special, which earns 1.30% APY. This limited-time offer can be opened with a minimum $5k deposit and there is no stated balance cap. CSR confirmed that new money is not required.
The 13-month CD Special is also offered as an IRA CD Special (Traditional), earning the same APY with the same deposit requirements.
Fox Communities CU has been offering a short-term CD Special for almost two years. The 13-month CD Special replaces the 15-month CD Special, which earned 2.20% APY ($10k minimum) at the beginning of the year.
CSR stated that partial withdrawals are permitted and are subject to an Early Withdrawal Penalty of 120 days on the amount being withdrawn.
Headquartered in Appleton, Wisconsin, Fox Communities Credit Union’s field of membership (FOM) is residency-based, with individuals who live or work in the Wisconsin counties of Brown, Calumet, Dodge, Door, Fond du Lac, Kewaunee, Manitowoc, Milwaukee, Oconto, Outagamie, Ozaukee, Shawano, Sheboygan, Washington, Waukesha, Waupaca or Winnebago, eligible to join.
Immediate family members of “anyone who is eligible for membership” are also welcome to apply.
All employees of eligible payroll sponsored companies also qualify. Unfortunately, the payroll sponsored companies are not listed on Fox Communities CU’s website.
Joining Fox Communities CU can be done online. FYI – the online application is not much more than a “Contact Me” form, which also captures basic personal information. According to CSR, an in-branch visit is required to finalize any membership application.
Opening a CD Special requires an in-branch visit to any of 23 full-service Wisconsin branches located in Appleton (4), Black Creek, Clintonville, De Pere, Green Bay (7), Kimberly, Luxemburg, Manitowoc, Neenah, New London, Pulaski, and Two Rivers, but an appointment is necessary.
Our lobbies are open *by appointment only* for non-routine transactions, such as, loan/account openings or closings and safe deposit box access. Appointments will follow regular lobby hours. To schedule an appointment, please contact our Call Center at 920-993-9000.
Establishing a Fox Communities CU membership requires a minimum $5 deposit in a Regular Savings account.
Credit Union Overview
Fox Communities Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.42% (excellent) based on March 31, 2020 data. In the past year, Fox Communities CU has increased its total non-brokered deposits by $141.56 million, an excellent annual growth rate of 10.92%. Please refer to our financial overview of Fox Communities Credit Union (NCUA Charter # 66731) for more details.
Fox Communities Credit Union was established in 1937 as the Combined Locks Credit Union, exclusively serving the employees of Locks Mill. In 1980, the FOM was expanded to include all residents of Combined Locks, which is a town in Outagamie County named for the nearby canal locks. The Fox Communities rebrand occurred in 1987, as the FOM continued to expand through a series of mergers. Fox Communities is currently the ninth largest credit union in Wisconsin, with more than 107,000 members and assets in excess of $1.8 billion.
How the CD Special Compares
When compared to 265 similar length-of-term CDs tracked by DepositAccounts.com that require a minimum deposit of $5k or less and are available within the FOM, Fox Communities Credit Union's 13-month CD Special APY currently share the top sport with Capital Credit Union’s 12-month Share Certificate Special APY.
The above rates are accurate as of 7/17/2020.
To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table.