Interior Federal Credit Union Ups 24-Month Jumbo CD To 3.14% APY


Deal Summary: 24-month Jumbo Share Certificate, 3.14% APY, $100k minimum deposit; 24-month Share Certificate, 2.98% APY, $500 minimum deposit.

Availability: Easy membership requirement

At the beginning of the month, Interior Federal Credit Union (Interior FCU) raised the rates on the 24-month Jumbo Share Certificate (3.14% APY) and 24-month Share Certificate (2.98% APY). All of Interior FCU’s CDs have tiered APYs based on $100k and $500 minimums.

The 24-month Certificates are also available as IRAs (Traditional, Roth, and CESA), earning the same APYs with the same funding requirements.

As stated in the Membership Agreement, the Early Withdrawal Penalty reads as follows:

Terms of 24 months to less than 48 months – 180 days' dividends

20-month Bump-Up Jumbo Share Certificate

Interior FCU is also offering a 20-month Bump-Up Jumbo Share Certificate and a 20-month Bump-Up Jumbo IRA Certificate (2.98% APY, $100k minimum).

With a Bump-Up Certificate, you have the chance to
“bump up” your rate when dividends rise during your term!

Should rates go up, the rate on the 20-month Bump-Up Certificate will not increase automatically: it is the responsibility of the member to contact Interior FCU to initiate the bump-up.

Additional funds cannot be added when the bump up option has been exercised.

The Early Withdrawal Penalty reads as follows:

Terms of 12 months to less than 24 months – 90 days' dividends

Funding and Accessing Maturing Funds

Funding a Certificate and accessing maturing funds can be by ACH, wire, or check. According to CSR, there is no dollar limit on ACH transfers.

Thanks to long-time DA reader, thowellIII, for the Forum post about this competitive CD. On a personal note, I smile every time I read “thowellIII.”


Headquartered in Washington, D.C., Interior Federal Credit Union provides virtually all U.S. residents (with valid Social Security numbers) with a way to join. Interior FCU’s online application lists five different routes to membership:

1. ”I work for or am retired from” (60 named organizations, including several Department of the Interior Bureaus).

2. ”I volunteer for” (40 named organizations).

3. ”I am a family member of” (Interior FCU member’s name). “Family member” is defined spouse, children, siblings, parents, grandparents, and grandchildren, with step- and adoptive relationships included.

4. ”I am an associate/member of” (18 named associations).

And finally, #5:

Need another way to join? If you join our partner association, the New Mexico
Wildlife Federation, you are eligible for Credit Union membership. No cost to join.

Interior FCU’s Eligibility page contains a detailed list of the various organizations and associations that provide membership eligibility.

Joining Interior FCU and/or opening a Jumbo Share Certificate can also be done at either the Washington, D.C. branch, located in the U.S. Department of the Interior Building, or at the Reston, Virginia branch.

Establish your membership and earn competitive dividends with
a Prime Savings account. Open your account with as little as $25.

Interior FCU is a member of the CO-OP Shared Branching Network, allowing members to do transactions free of charge in more than 5,000 credit union branches throughout the United States.

Credit Union Overview

Interior Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 3.25% (excellent), based on March 31, 2019 data. In the past year, Interior FCU has increased its total non-brokered deposits by $16.66 million, an excellent annual growth rate of 10.59%. Please refer to our financial overview of Interior Federal Credit Union (NCUA Charter # 319) for more details.

Originally established in 1935 as the Department of the Interior Federal Credit Union, the Credit Union opened its doors for business during the Great Depression. At that time, many Department of the Interior employees were unable to get credit at local banks, so the Credit Union was formed to solve that problem. With more than 16,600 members, Interior FCU is currently the eighth largest credit union headquartered in the District of Columbia, with assets in excess of $211 million.

How the Jumbo Share Certificate Compares

When compared to 211 similar length-of-term CDs tracked by that are nationally available, Interior Federal Credit Union's 24-month Jumbo Share Certificate APY currently ranks first, regardless of minimum deposit requirements.

How the Share Certificate Compares

When compared to 198 similar length-of-term CDs tracked by that require a similar minimum deposit and are nationally available, Interior Federal Credit Union's 24-month Share Certificate APY currently ranks second.

The above rates are accurate as of 6/19/2019.

To searching for the best CD rates, both nationwide and in your state? Please refer to CD Rates Table page.

Related Pages: Washington CD rates, 5-year CD rates, nationwide deals

  |     |   Comment #1
I called them up to open the 2 year certificate. They don't allow for a ACH transfer to fund the account. The CD can only be opened by a wire transfer or a cashier's check. Also, as a new member one has to initially open a primary savings account and then separately do the funding for the CD. The new member application limits the bank transfer to $1250.
  |     |   Comment #2
I mailed in a check for both the primary savings and certificate and both were opened a few business days later.
Interior Federal Credit Union Offers 2.78% APY On 6-Month CD
Deal Summary: 6-month Share Certificate, 2.78% APY, $500 min/$1 million max deposit, new money.

Availability: Easy membership requirement

For a limited time, Interior Federal Credit Union (Interior FCU) is offering a competitive 2.78% APY on its 6-month Share Certificate. Unlike Interior FCU’s other Share Certificates that have tiered APYs ($500 and $100k minimums), the 6-month only requires a $500 minimum deposit of new money to earn the stated APY. New money is defined as funds “not on deposit with Interior Federal Credit Union at or within 90 days...

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Interior Federal Credit Union Boosts 60-Month CD Rate
Deal Summary: 60-month Share Certificate, 3.29% APY ($500) and 3.39% APY ($100k). Summer Special 18-month Certificate, 2.68% APY ($500) and 2.78% APY ($100k), new money.

Availability: Easy membership requirement

Interior Federal Credit Union (Interior FCU) recently raised the rates on its 60-month Share Certificate by 41 bps. The new two-tiered APYs are 3.29% ($500 min) and 3.39% ($100k min). In the past eight months, a total of 122 bps have been added to the 60-month Share Certificate.

Interior FCU’s Share Certificates are also available as IRAs...

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5.83% 7-Month CD at a Washington DC CU (Interior FCU)
Interior FCU has updated its certificate special since my last post. Instead of a 14 month term, it's now a 7 month term. The CD rate remains at 5.83% APY with the same $1K minimum deposit. The standard rates remain very competitive ranging from a 5.27% APY 6-month CD to a 5.72% APY 48-month CD. These are available as a regular CD, a Roth or Traditional IRA CD or a Coverdell CD. You can apply for the regular CD's online.

The field of membership includes all employees and volunteers of the...

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5.83% 14-Month CD at Washington DC CU (Interior FCU)
Interior FCU is having a special rate on a 14-month certificate. The APY is 5.83% (5.70% interest rate). The minimum deposit is $1,000. This is available as a term share certificate or an IRA certificate (Roth, Traditional or Coverdell). In addition to this promo, the credit union has competitive yields on all of its CDs. The 4-year CD has an APY of 5.72%. You can apply online for these.

The field of membership includes all employees and volunteers of the US Department of the Interior which includes the National Park...

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