Georgia United Credit Union Launches Short-Term CD Rates Skyward


Deal Summary: CD Specials – 15-month (5.13% APY) and 7-month (5.06% APY), $1k minimum deposit, new money.

Availability: Easy membership requirement in Georgia.

To help you “launch your savings,” Georgia United Credit Union (Georgia United) is currently offering two very competitive CD Specials: 15-month (5.13% APY) and 7-month (5.06% APY). The minimum opening deposit is $1k of new money, with no stated balance cap. “New money” is defined as funds from another financial institution.

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

Withdrawal of the principal amount of your Certificate may be made only with the consent of the Credit Union.

Unless stated otherwise, owners of accounts with a stated term of one year or less shall forfeit an amount equal to up to 90 days dividends on the amount withdrawn, or the length of the term, whichever is less, when any withdrawal is allowed.

Unless stated otherwise, owners of accounts with a stated term of more than one year shall forfeit an amount equal to up to 180 days dividends on the amount withdrawn, or the length of the term, whichever is less, when any withdrawal is allowed.

The penalty will, if necessary, be taken from the principal amount of the deposit.


Headquartered in Duluth, Georgia (22 miles northeast of Atlanta), Georgia United Credit Union’s field of membership (FOM) now includes virtually all residents of Georgia. The last option listed on the online membership application reads,

I live in Georgia and would like to use the Getting Ahead Association to qualify for membership.

The Getting Ahead Association (GAA), can be joined by “any individual who maintains a valid Georgia residence and is genuinely committed to improving their own financial well-being.”

According to GAA’s About Us page, its members are eligible to join 16 different Georgia credit unions, including GUCU. Joining GAA ($5 annual dues) can be done online or by downloading a GAA Membership Application. As stated on the GAA Membership page,

Applications can also be found at participating credit unions, or by calling 678-542-3535.

As stated on the Membership Eligibility page, anyone who lives or works in any of 53 Georgia counties (mainly in the northern part of the state) are eligible for membership.

Employees and retirees of 15 public school systems, 25 private/parochial schools, and 66 colleges/universities (including University of Georgia students and alumni) qualify for membership, as do employees of more than 250 Workplace Partners/Select Employee Groups (listed on the online application).

Immediate family and household members of a current Georgia United member or an eligible non-member are welcome to apply.

Account Opening

Joining Georgia United and/or opening a CD Special can be done online or in person at any of 12 Georgia branches located in Athens, Atlanta, Clarkston, Conyers, Cumming, Dalton, Decatur, Dublin, Duluth (2), Stockbridge, and Tucker. Appointments are recommended and can be scheduled online.

To get started, open a Prime Share Savings Account with a $5 opening deposit plus a $5 one-time, nonrefundable membership fee.

Funding and Other Details

The following information is from the TIS and Rate/Fee Schedule document and a conversation with CSR.

  • Funding – ACH, wire ($15 fee), or internal transfer.
  • CO-OP Shared Branch Participant – No.
  • Dividends – Compounded daily/credited quarterly. Dividends can automatically be paid by a mailed check or transferred to another Georgia United account.
  • Maturing Funds – Cashier’s check to address on file, or internal transfer.
  • Beneficiaries – Unlimited, percentages can be assigned, and Social Security numbers are required.
  • Grace Period – 7 calendar days before automatic renewal as an 18-month CD.
  • Credit Check – Hard pull.

Credit Union Overview

Georgia United Credit Union has an overall health grade of "B+" at, with a Texas Ratio of 2.81% (excellent), based on September 30, 2023 data. In the past year, Georgia United increased its total deposit by $70.09 million, an excellent annual growth rate of 4.24%. Please refer to our financial overview of Georgia United Credit Union (NCUA Charter # 68607) for more details.

Chartered in 1958, Georgia United Credit Union is currently the seventh largest credit union headquartered in Georgia, with more than 152,000 members and assets in excess of $2 billion. Previously known as Georgia Federal Credit Union, the Georgia United rebrand occurred in 2010 following a change to a state charter. The new name was chosen to honor the credit union’s history while looking forward to an organization that is united in building strong financial futures for Georgia residents.

How the 15-month CD Special Compares

When compared to similar length-of-term CDs tracked by which are available within the FOM and have minimum deposit requirements of $10k or less, no banks or credit unions have higher rates than currently offered on the Georgia United Credit Union 15-month CD Special. The following table compares the 15-month CD Special to the two highest-rate CDs from other credit unions and the two highest-rate CDs from banks.

The above information and rates are accurate as of 2/28/2023.

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

Related Pages: Macon CD rates, Atlanta CD rates, Chattanooga CD rates, 1-year CD rates

  |     |   Comment #1
Why no long-term CD write-ups Ken?
  |     |   Comment #3
Wait for the 10 year to again break above 4.25 and the 5 yr CD’s will be active. More 5% and better offering will be avail. for Ken to post.
  |     |   Comment #4
Surely the answer to that is that there are no long term CDs worth writing about.
  |     |   Comment #5
What exactly is worth writing about?

Another among dozens and dozens of 5% short-term CD’s?
  |     |   Comment #6
Nasa raised their 49 month to 4.9%
  |     |   Comment #7
So by one tenth of one per cent. Will another one quarter point Fed Funds increase get it up to the magical 5% (by which time it won’t be a rate leader anymore)?

In any case, may be worth a write-up.

BTW, the 10 year Treasury touched 4% again earlier today.  I won’t quote from posts over the last few months (including by Ken) to embarrass anyone.
  |     |   Comment #8
Thanks for this post, Ken. My parents are in their mid 80's and live right there in Duluth, GA. They have struggled with online banking beyond their brokerage firm so it was great to know of a brick and mortar near them with a great rate. Today they visited a branch and were able to join and fund certificates with no difficulties. When I next visit, I'll likely drag dad back to the branch so that I can join as his direct family member.
  |     |   Comment #9
You should be able to do that online without dragging your dad into a branch. :)
  |     |   Comment #10
FYI - called GUFC. The $5 is one-time and will be returned to you if you closed the account with them.
  |     |   Comment #11
Membership is potentially open to anyone in Georgia by joining the Getting Ahead Association.
6.00% 11-Month CD at a Georgia CU ($10K max)
HMC Employees FCU is offering a 6.00% APY 11-month savings certificate. The minimum deposit is $1K and the maximum deposit is $10K. Only one CD per member is allowed. It requires a checking account and direct deposit. This is a limited time offer. Free checking accounts are available with no monthly service fees and no minimum balances.

The field of membership is mostly employer based. Eligible companies are primarily health related in Georgia. As always, immediate family of credit union members are also eligible to join. See site for details.

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