Langley Federal Credit Union Adds 29-Month Promo CD


Deal Summary: 29-month Jumbo Promotional Certificate, 3.04% APY, $50k minimum deposit

Availability: Easy membership requirement

Langley Federal Credit Union (Langley FCU) has added a 29-month Jumbo Promotional Certificate Special, which earns 3.04% APY. This limited-time offer requires a minimum deposit of $50k, with no stated balance cap.

Langley FCU’s Active Rewards, which adds an additional 0.10% to CDs, does not apply to the Jumbo Promotional Certificate. According to the Account Disclosure,

The Certificate account does not automatically renew at this term and the balance of funds will be deposited at maturity into a 24-month certificate at the APY available at that time.

The grace period is a generous “twenty-one (21) calendar days from the maturity date.”

As stated in the Account Disclosure, the Early Withdrawal Penalty reads as follows:

The penalty which may reduce the principal is a forfeiture of an amount equal to 180 days dividends whether earned or not on the amount withdrawn.
In the event the amount withdrawn reduces the balance below the specified minimum required, the Certificate account shall be closed, and the forfeiture is computed on the entire amount of the Certificate account.

Accessing Maturing Funds

According to CSR, there are three ways to access maturing funds: cashier’s check, wire, or a transfer to any other Langley FCU account, such as a checking, savings, or money market account. Once the funds are in another Langley FCU account, you can initiate an ACH transfer from an outside institution. You cannot initiate an outgoing ACH transfer from any Langley FCU account.


Headquartered in Newport News, Virginia, Langley Federal Credit Union offers membership through a variety of ways, providing a route for almost any U.S. citizen or resident alien to join.

Easy Membership: Joining any of seven non-profit organizations (Friends of the Carrollton Library, $5; Friends of the Gloucester Library, $5; Friends of the Poquoson Library, $10; Friends of the Portsmouth Library, $5; Friends of the Suffolk Public Library, $5; VersaBility Resources, $5; and Virginia Association of Museums, $15) qualifies for membership in Langley FCU. (This is the fifth option on the first page of Langley FCU’s online application.)

Employment: Employees of over 900 SEGs qualify for membership. The majority of the SEGs are located in the Hampton Roads metropolitan area.

Relationship: Family (spouse, parent, child, sibling, grandparent, grandchild) and household members of current Langley FCU members are also eligible to join.

Organization Affiliation: Members of 240+ Virginia-based organizations and schools are also eligible to join.

Membership details are listed on the first page of Langley FCU's online application.

Joining Langley Federal Credit Union and/or opening a 29-month Jumbo Promotional Certificate can be done online,, by phone (757.827.5328), or at any of 20 Virginia branches located in Carrollton, Chesapeake (2), Hampton (3), Hayes, Langley AFB, Newport News (5), Norfolk, Poquoson, Virginia Beach (3), Williamsburg, and Yorktown.

Credit Union Overview

Langley Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.45% (excellent) based on June 30, 2018 data. In the past year, Langley FCU increased its total non-brokered deposits by $188.2 million, an excellent annual growth rate of 9.03%. Please refer to our financial overview of Langley Federal Credit Union (NCUA Charter # 1261) for more details.

Langley Federal Credit Union was originally chartered in 1936 as the National Advisory Committee for Aeronautics (NACA) Laboratory Federal Credit Union. (NACA was founded in early 1915 and was the predecessor of NASA.) Twenty-five NACA employees each deposited $1 to pay the charter fee, and the following month, the Credit Union opened its doors with assets totaling $275. With more 244,300 members and assets in excess of $2.6 billion, Langley FCU is currently the sixth largest credit union headquartered in Virginia. According to an August 18, 2018 press release,

Langley Federal Credit Union has been named the top credit union for Small Business Administration (SBA) loans by the Richmond District Office of the SBA. This is the second year that Langley has won the top credit union award in the district, having won in FY 2013.

How the Promotional Certificate Compares

When compared to the similar length-of-term CDs tracked by that are available nationwide, Langley Federal Credit Union’s 29-Month Jumbo Promotional CD APY currently ranks first, regardless of minimum deposit requirements.

The above rates are accurate as of 9/20/2018.

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

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

dzilber   |     |   Comment #1
$50K. Seems like a great deal to me. Thoughts?
Robb   |     |   Comment #2
Not bad but the 30 Month 3.56% CD offered by Freedom Credit Union last month had this beat. That deal only lasted about 2 weeks as is typical with the better deals.
dzilber   |     |   Comment #3
Langley CD allows partial withdrawals with EWP applied to a withdrawn amount - not the whole amount invested in CD (as long as a remaining amount is > $50K). This makes it somewhat superior and more flexible if you anticipate a potential withdrawal during the life of CD
Mona G
Mona G   |     |   Comment #4
wow, dz, good point, thanks foor the heads UP!
Langley FCU Adds Cyber Monday 15-month CD Special
Deal Summary: 15-month Certificate Special, 1.76% APY, $1k minimum deposit, available through December 3, 2017

Availability: Easy membership requirement

In another Cyber Monday offering, Langley Federal Credit Union (Langley FCU) has added a 15-month Certificate Special (1.76% APY) that is available through December 3, 2017. This limited-time offering requires a minimum deposit of $1k, with no stated balance cap.

While some of Langley FCU’s CDs are offered as IRAs, the 15-month Certificate Special is not. Langley FCU’s Active Rewards, which adds an additional 0.10% to CDs,...

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Langley FCU Has Nationally Available 60-Month CD
Deal Summary: 60-month CD – 2.53% APY w/Active Rewards, 2.43% APY w/o Active Rewards, $1k minimum deposit.

Availability: Easy membership

Virginia-based Langley Federal Credit Union (Langley FCU) raised the rates on its 60-month CD at the end of last week: 2.53% APY w/Active Rewards, 2.43% APY w/o Active Rewards. The minimum deposit is $1K, with no stated balance cap.

The 60-month CD is also offered as an IRA (Traditional, Roth) earning the same APYs, but with a lower minimum deposit of $500.

Active Rewards

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Langley FCU (Easy Membership) Has Limited-Time 36-Month CD Special
Availability: Easy membership

For one week only, Langley Federal Credit Union (Langley FCU) is offering a "Many Happy Returns" 36-month CD Special (2.00% APY). The minimum deposit is $1K, with no balance cap.

This limited-time offer, which ends on December 5, 2015, is also available as an IRA (Traditional and Roth), earning the same APY but only requiring a $500 opening deposit.

As stated on Langley FCU’s Truth In Savings For CDs document, the Early Withdrawal Penalty reads as follows:

Terms of 12 month or longer, 180 days’...

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4.86% 60-Month CD & 3.56% 12-Month CD at Langley FCU in Virginia
Langley Federal Credit Union is offering several competitive certificate rates. The best rates include 3.56% APY for 12 months, 3.66% for 18 months, 3.82% for 30 months and 4.86% for 60 months. The 60-month rate requires a $50K minimum deposit, but the shorter terms require only $1,000. The APY is 4.59% for a 60-month term with only a $1,000 minimum. Certificates are also available in Traditional and Roth IRAs. These rates are listed at the credit union's rate table as of 1/22/2009.

Membership is open to those who live, work,...

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6.17% 9-Month CD at a Virginia CU (Langley)
Langley FCU is offering a special 6.17% APY share certificate with a term of 9 months. The minimum deposit is $1,000. The 6.17% APY requires Premier Membership. Without the Premier Membership, the rate is still very competitive at 5.64% APY. The offer ends on 6/30/07.

Field of membership includes those who live, work, worship or attend school in certain areas of Hampton, Newport News, Norfolk, Virginia Beach, and Williamsburg. You can also be eligible via family and select employer groups. See site for details. A reader mentioned that Air Force...

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