Competitive 5-Year CD Rate at SCE Federal Credit Union in CA & NV

POSTED ON WEDNESDAY, JUNE 27, 2012 BY Ken Tumin

APY	MIN	MAX	INSTITUTION	PRODUCT	DETAILS
3.45%	$1k	-	Rize Credit Union	60 Month CD

Rates as of December 9, 2024.

SCE Federal Credit Union is offering a competitive rate on its Jumbo 5-year CD and IRA CD. Currently, it has a 1.91% APY for a $100,000 minimum deposit. The rates are lower for smaller deposits. These include a 1.80% APY for $50K, 1.75% APY for $25K and 1.65% APY for $1K. These rates are listed in the credit union's rates page as of 6/27/2012.

SCE FCU is another credit union which makes it easy for anyone to join. According to the credit union's Become-a-Member page:

If you’re reading this, you can join SCE FCU. You only need $15 to open your account - $5 goes into your savings and secures your ownership in the Credit Union, and the remaining $10 is a tax-deductible donation to our non-profit SCE FCU Foundation.

A link to the membership application is at the Become-a-Member page. It's a PDF form that must be dropped off at a branch or mailed.

SCE FCU branches are located in Southern California and in Southern Nevada.

The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas ratio of 7.08% (excellent) based on March 2012 data. Please refer to our financial overview of SCE Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7835).

How This CD Rate Compares

For those in Southern California or Nevada, you can get a CD rate that's a little higher than this SCE FCU Jumbo 5-year CD. If you're in Southern California, BBVA Compass is still offering a 2% APY 5-year CD. For those in Southern Nevada, Mountain America Credit Union is still offering a 2% APY 5-year CD.

The best nationally available 5-year CD rate that is 2.20% APY at Justice Federal Credit Union. This is a Jumbo CD that requires a $100K minimum deposit. For a $5K minimum deposit, Melrose Credit Union offers a 2.17% APY 5-year CD.

These rates are accurate as of 6/27/2012.

Searching for Top CD and IRA CD Rates

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com. For IRA CD rates please refer to the best IRA rates section.