Langley FCU Has Nationally Available 60-Month CD

POSTED ON BY

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

Active Rewards is one of Langley FCU’s member reward programs. In addition to the 0.10% rate enhancement on CDs, Active Rewards offers several other benefits, including a 0.50% rate reduction on vehicle loans and free domestic wire transfers. Being an Active Rewards member requires having,

  • LangleyPays checking account,
  • Langley FCU loan or credit card, and
  • Langley FCU eStatements.
  • 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’ dividends

    Availability

    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.

    Relationship: Family 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 CD can be done online, or at any of 19 Virginia branches located in Carrollton, Chesapeake (2), Hampton (3), Hayes, Langley AFB, Newport News (5), Norfolk, Poquoson, Virginia Beach (2), Williamsburg, and Yorktown.

    Credit Union Overview

    Langley Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 5.99% (excellent) based on March 31, 2017 data. In the past year, Langley Federal Credit Union increased its total deposits by 166.34 million, an excellent annual growth rate of 9.33%. 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 260,200 members and assets in excess of $2.3 billion, Langley FCU is currently the fifth largest credit union headquartered in Virginia and was recently named the “2017 Best Credit Union” by Kiplinger’s Personal Finance.

    How the CD Compares

    When compared to the 173 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available nationwide, Langley Federal Credit Union’s 60-Month CD APYs currently rank second and third.

    *Note: Melrose Credit Union is currently operating under an NCUA conservatorship.

    The above rates are accurate as of 8/21/2017.

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

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

    Comments
    Anonymous
    Anonymous   |     |   Comment #1
    60-Month CD w/o Active Rewards - APY in first paragraph is 2.43%, but it's 2.33% in table at bottom. Which is correct?
    gregk
    gregk   |     |   Comment #2
    Whichever it is, it's just still not enough.
    Crooked H
    Crooked H   |     |   Comment #3
    Like the 180 days escape clause though
    Ken Tumin
    Ken Tumin   |     |   Comment #4
    Thanks for the comment. It should have been 2.43% in the table. That has now been fixed.
    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’...

    Continue Reading
    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,...

    Continue Reading
    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...

    Continue Reading
    6.17% 9-Month CD at a Virginia CU (Langley).
    Langley Federal Credit Union is offering a 6.17% APY 9-month share certificate. There's a $5K minimum deposit. Money new to the credit union is required. This special offer is good through August 31, 2006.

    The good thing about membership into this credit union is that it only requires a $5 deposit into a share account. The downside is that the field of membership is primarly based on select employer groups. You must contact the credit union (800-588-EASY) to determine if you are eligible to join. See site for details.

    Branches are located...



    Continue Reading