Availability:Washington State Residents and Residents of Umatilla County, Oregon
Yesterday, Washington State’s HAPO Community Credit Union (HAPO) raised the rates on three of its Certificate Accounts (CDs):
3-Year CD (1.70% APY), 4-Year CD (2.00% APY), and 5-Year CD (2.50% APY)
The minimum deposit for all three CDs is $5K, with no maximum balance cap.
All three CDs are also available as IRAs (Traditional, Roth and CESA) at the same APYs, with the same funding requirements.
As stated on the Certificate Accounts page, the Early Withdrawal Penalty is as follows:
The amount of the withdrawal penalty is based on the penalty schedule:
Terms of 24-36 months – 180 days dividends Terms of 48 months – 270 days dividends Terms of 60 months or more – 365 days dividends
HAPO Community Credit Union offers membership to individuals who live, work, worship or attend school in Washington State, or live and/or work in Umatilla County in Oregon State. If you have a relative who is a member or is eligible to become a member, you also qualifying for membership.
Joining HAPO can be done online,, by mail, or by visiting any of 13 Washington branches located in Richland (3), Kennewick (3), Pasco (2), Sunnyside, Walla Walla and Yakima (3), or the single Oregon branch in Hermiston. HAPO’s Membership Application is available for download to facilitate the application process. (N.B. If you are under 18, you must open your account at a branch location.)
HAPO’s Internet Banking services are limited to account management and bill payment, and opening a CD requires a branch visit.
Credit Union Overview
HAPO Community Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas ratio of 1.86% (excellent) based on September 30, 2014 data. In the past year, HAPO has increased its total deposits by $37.63 Million, an excellent annual growth rate of 3.52%. Please refer to our financial overview of HAPO Community Credit Union for more details.
HAPO Community Credit Union (NCUA Certificate # 68239) was founded in 1953 by a group of employees at the Hanford nuclear production site (now decommissioned), as the Hanford Atomic Products Operations. HAPO is now a community oriented credit union with over 120,000 members and holds assets in excess of $1.2 Billion.
How the CDs Compare
When compared to other similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available to Washington State residents, HAPO Community Credit Union's 3-, 4- and 5-year CDs are all competitive:
These rates are accurate as of 1/7/2015.
To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.