Prairieland FCU (IL) Offers Competitive 36-Month CD


Availability: Residents of McLean County, Illinios

Prairieland Federal Credit Union began the month by raising the rates on its 36-month Share Certificate (2.27% APY) and 36-month Jumbo Share Certificate (2.43% APY). This is the first rate increase for the Certificates in almost a year, and the new APYs are the highest in the Certificates’ 4-year history.

1.51%$100k-Prairieland Federal Credit Union36 Month Jumbo Share CD
1.36%$1k-Prairieland Federal Credit Union36 Month Share CD
Accounts mentioned in this post. Rates as of December 14, 2017.

The minimum opening deposit for the Certificate is $1K and $100k for the Jumbo Certificate, with no maximum balance cap for either.

According to CSR, the Early Withdrawal Penalty for either Certificate is 182 days.


As a community-chartered credit union, membership in Prairieland Federal Credit Union is available to individuals who live, work, attend school, worship, or volunteer in McLean County, Illinois.

Joining Prairieland FCU can be done online or by visiting either of three Illinois branches located in Bloomington and Normal (2). You can also request a membership application be mailed by either contacting Prairieland FCU (877.371.1211), or by emailing Prairieland FCU (

As Prairieland FCU’s online banking platform is currently limited to account management and bill pay services, opening a CD requires a visit to either the Bloomington or Normal branches.

Credit Union Overview

Prairieland Federal Credit Union (NCUA Charter # 2037) has an overall health grade of "B+" at, with a Texas ratio of 10.59% (excellent) based on December 31, 2015 data. In the past year, Prairieland FCU has increased its total deposits by $3.2 million, an excellent annual growth rate of 5.58%. Please refer to our financial overview of Prairieland Federal Credit Union for more details.

Originally established in 1937 as the Oil-O-Matic Credit Union, Prairieland Federal Credit Union has experienced expansion by adding select employee groups, a change to a community charter in 2001, growth via a merger with the Alton Route Credit Union in 2010, and four name changes. The current name, Prairieland Federal Credit Union, was chosen in 2002 because it not only reflects the geographic area, but also reflects Prairieland’s "long history of serving hard-working people helping each other succeed and prosper."

How the CDs Compare

When compared to the 180 similar length-of-term CDs tracked by that require a similar deposit and are available in the Bloomington-Peoria metro area, Prairieland Federal Credit Union’s 36-Month Share CD APY currently ranks first.

When compared to the 188 similar length-of-term CDs tracked by that require a similar deposit and are available in the Bloomington-Peoria metro area, Prairieland Federal Credit Union’s 36-Month Jumbo Share CD APY currently ranks first.

The above rates are accurate as of 5/4/2016.

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.

Prairieland Federal CU (Illinois) Offers Top Rate 17-Month CD

For the month of December only, Prairieland Federal Credit Union (Illinois) has a "Holly, Jolly Way To Maximize Your Earnings," with a 17-month Share Certificate (CD) Special (2.00% APY).

The minimum opening deposit is $1K and there is no maximum balance cap. This is a limited time offer valid through December 31, 2014 and requires new money.

As stated on Prairieland FCU’s website, the Early Withdrawal Penalty is as follows:

On a lighter, somewhat unrelated note, check out Prairieland FCU's snowman on its homepage. He'll put a smile on your...

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6-Month CD Special with Top Rate at Prairieland FCU in Illinois

If you don’t want to lock your “safe” money up in long-term CDs, you probably won’t find short-term CDs appealing. Most CDs with terms under one year have rates that are lower than internet savings account rates. Every now and then you can find one that’s higher. That’s the case at Prairieland Federal Credit Union which is listing a special 6-month Jumbo CD with a 1.06% APY. Minimum deposit is $100,000. The rate and details are listed in this credit union’s promo page as of 5/8/2013. This is a limited...

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