IntegrUS Credit Union (IntegrUS) is featuring two Special Share Certificates (15-month and 27-month) with tiered APYs.
Both Special Share Certificates are also available as IRAs (Traditional, Roth, CESA), earning the same tiered APYs and the same funding requirements.
The 27-month Special Share Certificate was added to the product line about two months ago at the current APY. The 15-month Special Share Certificate, on the other hand, has been part of the product line since May 2011 and has experience more than 20 rate changes, including a 55 basis point hike this week. The current APY is the highest for the 15-month Special Share Certificate in more than five years.
According to CSR, the Early Withdrawal Penalty for either Special Share Certificate is 6 months interest.
Headquartered in Dubuque, Iowa, IntegrUS Credit Union field of membership (FOM) is open to any educational institutional employee (teachers, administrative staff, custodial staff, food service, etc.) in eleven northeast Iowa counties, two southwest Wisconsin counties, and one northwest Illinois county.
IntregUS’s About Us page lists more than 80 eligible schools (public, private, religious, elementary through college) that qualify for membership, as well as map showing the eligible counties.
Five SEGs (Cal-Co, Easy Auto Finance, Hawkeye Boat Sales, Klauer Manufacturing, and J’s Performance) are listed on the online application as also being eligible for membership. These SEGs were grandfathered into the FOM when IntegrUS merged with Circle K Credit Union in 2012.
Credit Union Overview
IntegrUS Credit Union, (NCUA Charter # 64348) has an overall health grade of "B" at DepositAccounts.com, with a Texas Ratio of 6.30% (excellent), based on September 30, 2016 data. In the past year, IntegrUS has increased its total non-brokered deposits by $805,000, an excellent annual growth rate of 4.4%. Please refer to our financial overview of IntegrUS Credit Union for more details.
IntegrUS Credit Union was originally chartered as the Dubuque Teachers Credit Union in 1934, with 55 members and total deposits of $390. The FOM was opened to all contract Dubuque School employees in 1942; 36 years later, several nearby universities were also added. The biggest expansion of the FOM occurred in 2012, when the Credit Union added the employees of educational institutions in Southwestern Wisconsin and Southwestern Illinois and their families to the FOM. Following the merger with Circle K Credit Union, the name was changed to IntegrUS Credit Union in 2013.
How the Share Certificate Specials Compare
When compared to the 211 similar length-of-term CDs tracked by DepositAccounts.com that are available within the FOM, IntegrUS Credit Union’s 15-month Special Share Certificate APY currently ranks third, regardless of minimum deposit.
When compared to the 263 similar length-of-term CDs tracked by DepositAccounts.com that are available within the FOM, IntegrUS Credit Union’s 27-month Special Share Certificate APY currently ranks first, regardless of minimum deposit.
The above rates are accurate as of 12/29/2016.