Heartland Credit Union Adds 15-Month CD Special, 2.40% APY


Deal Summary: 15-month CD Special, 2.40% APY, $10k minimum deposit, new money, available through 11/30/2019 (subject to change).

Availability: Residents of eight Minnesota counties, including the Minneapolis/St. Paul metro area.

Now through November 30, 2019, Heartland Credit Union (Heartland) is offering a 15-month CD Special, which earns 2.40% APY. The minimum opening deposit is $10k of new money, with no stated balance cap. According to the fine print on the Savings Rates page, this offer is subject to change.

Heartland CDs come with a one-time bump option.

If rates go up during your term we’ll let you increase your rate one time by adding $1,000 to your certificate. Your maturity date will remain the same and you will earn the higher rate for the remaining certificate term.

According to CSR, the Early Withdrawal Penalty is six months of dividends, with only one early withdrawal permitted.

There is a 10-day grace period before the 15-month CD Special automatically renews as a 12-month CD.


Headquartered in Inver Grove Heights, Minnesota, Heartland Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, worship, or attend school in the Minnesota counties of Carver, Dakota, Hennepin, Le Suer, Scott, Ramsey, Rice, or Washington, eligible to join.

Employees/retirees of 11 Employer Groups also qualify for membership.

Family members and household members of current Heartland are welcome to apply. Family generously includes “spouse, parents, siblings, children, grandparents, grandchildren, aunts, uncles, cousins, nieces, nephews, etc.”

Joining Heartland and/or opening a CD Special can be done at any of the four Minnesota branches, located in Arden Hills, Inver Grove Heights (2), and Prague. Heartland’s Membership Application is available as a download, and can be returned either in person or by mail.

$5 minimum deposit is required to open your Heartland Share
Savings Account – which gives you ownership in the credit union.

Heartland participates in the MoneyPass Network (33,000+ surcharge-free ATMs) and in the CO-OP Shared Branching and ATM networks.

We understand you can’t always make it to a Heartland branch so we’re part of a national network of credit unions you can visit to conduct your Heartland business. It’s like having a Heartland branch wherever you go.

Credit Union Overview

Heartland Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas Ratio of 1.76% (excellent) based on June 30, 2019 data. Heartland has an excellent capitalization level (11.09%), the result of holding $118.29 million in assets with $13.12 million in equity. Please refer to our financial overview of Heartland Credit Union (NCUA Charter # 64168) for more details.

Established in 1939 as the Farmers Union Employees’ Credit Union, the founding members were seven farmers who each bought one share for $5. (FYI – $5 in 1939 is the equivalent of approximately $90 today.) Between 1997 and 2017, Heartland experience three mergers, two FOM expansions, and a name change. A few of Heartland’s 2018 financial highlights include 989 new accounts opened, total member’s equity increased by $729k, and net income of $850,336.

How the CD Special Compares

When compared to 275 similar length-of-term CDs tracked by DepositAccounts.com that require a minimum deposit of $10k or less and are available within the FOM, Heartland Credit Union's 15-month CD Special APY currently ranks third.

The above rates are accurate as of 10/16/2019.

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

Related Pages: Minneapolis CD rates, 1-year CD rates

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.