Robins Financial Credit Union (GA) Adds 7-Month CD Special

Early Withdrawal Penalty

As stated in the Share Certificate Truth-in-Savings disclosure, the Early Withdrawal Penalty reads as follows:

Terms 1 year or less, 90 days’ dividends

Partial withdrawals are allowed, but

If the account has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal.

Any early withdrawal within 90 days of account opening will result in a reduction of the 7-month Share Certificate Special principal.

Availability and Account Opening

Headquartered in Macon, Georgia, Robins Financial Credit Union’s field of membership (FOM) is community-based, with U.S. citizens/resident aliens (18 years or older) who live or work in any of the following 45 Georgia counties eligible to join.

Central Georgia: Baldwin, Bibb, Bleckley, Crawford, Crisp, Dodge, Dooly, Houston, Jones, Lamar, Laurens, Macon, Monroe, Peach, Pulaski, Taylor, Twiggs, Wilcox, Wilkinson

East Georgia: Clarke, Greene, Hancock, Jackson, Madison, Morgan, Oconee, Oglethorpe, Putnam, Washington

East Metro Atlanta: Barrow, DeKalb, Gwinnett, Walton

South Metro Atlanta: Butts, Clayton, Henry, Jasper, Newton, Rockdale, Spalding

Southeast Georgia: Bulloch, Emanuel, Jeff Davis, Johnson, Telfair

Family members of a current Robins Financial member are welcome to apply.

EASY MEMBERSHIP REQUIREMENT UPDATE 3/7/2024: Thanks to DA reader, cjdtech, for noting that there is a possible easy membership requirement for all Georgia residents through membership in the Getting Ahead Association.

Joining Robins Financial can be done online, by phone (800.241.2405 or 478.923.3773), or at any of 23 Georgia branches located in Athens, Conyers, Dublin, Forsyth, Fort Valley, Gray, Macon (5), McRae, Milledgeville, Perry (2), Robins AFB, Swainsboro, Warner Robins (5), and Watkinsville.

At the time your account is established, Robins Financial Credit Union, on your behalf, will pay the initial $1.00 Membership Share into a General Ledger Equity Account. This account is a non-transactional, non-earning, notice account and serves only to evidence your membership in the Credit Union.

According to CSR, opening a Share Certificate Special cannot be opened online, per se. Existing members can open a 7-month Share Certificate Special by logging into the Robins Financial Digital Banking platform, in-branch, or over the phone. New members can join and open a Share Certificate Special simultaneously in-branch, or join online and then open a Share Certificate Special over the phone after the membership application has been approved.

Funding and Other Details

The following information is from the Robins Financial Truth-in-Savings disclosure and a conversation with CSR.

Funding – Funds must be on deposit in a Robine Financial account before a Share Certificate Special can be opened. Funds can be deposited via ACH, wire, check, or Shared Branch transaction.
CO-OP Shared Branch Participant – Yes.
Ownership – Individual or joint.
Dividends – Compounded/credited monthly; dividends can be withdrawn penalty-free.
Maturing Funds – Cashier’s check to address on file or internal transfer.
Grace Period – 7 calendar days before automatic renewal as a regular 6-month Share Certifcate.
Beneficiaries – Up to seven receiving equal shares. Social Security numbers are required for beneficiaries.
Credit Check – Hard pull when joining.

Credit Union Overview

Robins Financial Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 1.27% (excellent) based on September 30, 2023 data. In the past year, Robins Financial has increased its total non-brokered deposits by $109.14 million, an excellent annual growth rate of 3.09%. Please refer to our financial overview of Robins Financial Credit Union (NCUA Charter # 68670) for more details.

Established in 1954 as Robins Federal Credit Union, the founding members were a group of 13 Robins Air Force Base military and civilian personnel. The original FOM included Department of the Air Force “civilian employees and commissioned officers who worked at or were headquartered at Robins Air Force Base, Georgia.” (Robins AFB is the home of the Air Force Materiel Command's Warner Robins Air Logistics Complex, the worldwide manager for a wide range of aircraft, engines, missiles, software and avionics, and accessories components.) The Robins Financial Credit Union rebrand occurred in 2016, after a state charter replaced the original federal charter. Robins Financial is currently the third largest credit union headquartered in Georgia, with more than 267,000 members and assets in excess of $4.2 billion.

How the 7-Month Share Certificate Special Compares

When compared to similar length-of-term CDs tracked by DepositAccounts.com which are available within the FOM and have minimum deposit requirements of $10k or less, one credit union has a higher rates than currently offered on the Robins Financial Credit Union 7-month Share Certificate Special. The following table compares the 7-month Share Certificate Special to the four highest-rate similar length-of-term CDs from other banks/credit unions within the market area.

The above information and rates are accurate as of 3/7/2024.

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