Royal Credit Union (MN/WI) 18-Month CD Now Earns 2.78% APY


Deal Summary: 18-month CD, 2.78% APY, no minimum deposit.

Availability: Residents of 16 Minnesota and 26 Wisconsin counties.

Last spring, Wisconsin-based Royal Credit Union (Royal) offered a limited-time 3.04% APY on its 18-month CD. The rate lasted about six weeks before it dropped to 2.32% APY, where it remained until this week. With the addition of 46 bps, the 18-month CD now earns 2.78% APY. Royal no longer sets a minimum opening deposit for any of its CDs, but there is a balance cap of $250k.

0.70%-$250kRoyal Credit Union18 Month CD
0.70%--Royal Credit Union18 Month Fixed Rate IRA (Traditional, Roth)
Rates as of September 20, 2020.

The 18-month CD is also offered as a Fixed Rate IRA (Traditional and Roth), but with the minimum opening deposit of $1k.

The 18-month CD currently has the highest APY of any Royal CD; the next highest rate is the 60-month CD’s 2.43% APY.

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

Penalties for certificates greater than one year up to and
including three years - equivalent of 180 days dividends

Funding a CD can be done through ACH, wire transfer, or transfer from another Royal account. Maturing funds can be distributed through a cashier’s check or transferred to an existing Royal checking/savings account. There is a 10-day grace period before the CD automatically renews to a 18-month CD.


Headquartered in Eau Claire, Wisconsin, Royal Credit Union’s field of membership (FOM) is primarily residency based, with individuals who live, work, or attend school in the following counties eligible to join.

Minnesota Counties – Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, Olmsted, Pine, Ramsey, Scott, Sherburne, Wabasha, Washington, Winona, or Wright.

Wisconsin Counties - Adams, Ashland, Barron, Bayfield, Burnett, Buffalo, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln, Marathon, Pepin, Pierce, Portage, Polk, Price, Rusk, Sawyer, St. Croix, Taylor, Trempealeau, Washburn, or Wood.

Employees of Marten Transport, Tenneco-Packaging Corporation (Appleton, WI), and the former Uniroyal plant qualify for membership, as do employees/affiliates of the Realtor Associations of Minnesota and Wisconsin. Members of the UWEC Alumni Association are also membership eligible.

Immediate family members of a current Royal member or any membership-eligible individual are welcome to apply, even if the family member lives outside the FOM area.

Joining Royal and/or opening a CD can be done online, or at any of five Minnesota branches, located in Apple Valley, Eden Prairie, Edina, Oak Park, and Saint Paul, or 44 Wisconsin branches, located in Balsam Lake, Chippewa Falls (8), Colby (4), Eau Claire (17), Hudson, Menomonie (2), New Richmond, Osceola, Rice Lake (3), River Falls (2), Saint Croix (3), Somerset, and Whitehall.

All you need is $5 to open your Savings and become a Member of Royal Credit Union.

Royal CU participates in the CO-OP Share Branching and ATM networks.

We didn't really mean it to be a secret. Honest! But we've found that very few of our Members knew about the amazingness of Shared Branching.

So now we're dedicating an entire page to the fact that you can visit nearly 5,000 credit union locations in the country and be able to have direct, free access to your money just like you would at any Royal Credit Union location.

Credit Union Overview

Royal Credit Union has an overall health grade of "A+" at, with a Texas Ratio of 3.89% (excellent), based on June 30, 2019 data. In the past year, Royal increased its total non-brokered deposits by $208.79 million, an excellent annual growth rate of 10.54%. Please refer to our financial overview of Royal Credit Union (NCUA Charter # 66834) for more details.

Royal Credit Union is Wisconsin sixth largest credit union, with nearly 215,000 members and assets in excess of $2.5 billion. Founded in 1964, the original FOM was exclusive to the employees of Uniroyal. Between 1972 and 1974, an additional 27 SEGs were added to the FOM. A community charter was adopted in 1975, expanding Royal’s presence across Minnesota and Wisconsin. With 55-year successful history, Royal is looking to the future with its Smart Connection program.

The Smart Connection to your financial future!

Here to help the 25-and-under crowd navigate life after high school. #Adulting means budgeting for your first checking account, higher education, your first apartment, first car loan or home purchase; the list is endless! The Smart Connection is here to help. We’ve got you covered.

How the CD Compares

When compared to the similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, Royal Credit Union’s 18-month CD APY currently ranks first.

The above rates are accurate as of 10/4/2019.

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

Related Pages: Minneapolis CD rates, La Crosse CD rates, 1-year CD rates

Royal Credit Union (MN/WI) Ups 18-Month CD To 3.04% APY
Deal Summary: 18-month CD, 3.04% APY, $100 no minimum deposit.

Availability: Residents of 16 Minnesota and 26 Wisconsin counties. (Additional ways to join listed in the Availability section below.)

Now through April 30, 2019, Wisconsin-based Royal Credit Union (Royal) is offering 3.04% APY on its 18-month CD. There is no minimum deposit requirement, but the CD is capped at $250k.

The limited-time 3.04% APY is also offered on the 18-month IRA (Traditional and Roth), but the minimum deposit is $1k.

The 18-month CD currently has the highest APY of...

Continue Reading
5.72% 12-Month CD at a Wisconsin CU - and a $50 Checking Bonus (Royal)
Royal Credit Union is offering a 5.72% APY 12-month certificate of deposit. The minimum is $25K. The rate for a minimum of $100 is 5.57% APY. These rates require a bonus relation which includes an active RCU checking account and the regular use of five other qualifying services. Without the bonus, the rates are 0.25% less. See site for the details.

In addition to the high yield CD, RCU is offering a $50 bonus for opening a checking account. You must be a new member or an existing member without a...

Continue Reading
$50 Bonus for Checking Account in a Wisconsin CU
Here's another Wisconsin checking account bonus. Royal Credit Union (RCU) is offering $50 for opening a new checking account with no direct deposit requirement. A $50 fee will be assessed if account is closed within six months. Offer expires 4/15/06.

You can also get up to $10 for turning in old checks (10 cents per check).

The RCU Free Checking has unlimited check writing with no minimum balance or monthly service fees. However there is a $1/month fee for the Check and ATM card. The Checking Plus offers a free Check and...

Continue Reading

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.