Teachers Credit Union (IN/MI) Adds 22-Month CD Special, 3.06% APY

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Deal Summary: 22-month Share Certificate Special, 3.06% APY, $2.5k minimum deposit.

Availability: Residents of Indiana and the southwest Michigan counties of Berrien and Cass.

As summer vacation is coming to an end, Teachers Credit Union (TCU) has added a 22-month Share Certificate Special, which earns a competitive 3.06% APY. The minimum opening deposit is $2.5k, with no stated balance cap.

APYMINMAXINSTITUTIONPRODUCTDETAILS
3.06%$2.5k-Teachers Credit Union22 Month CD Special
Rates as of September 25, 2018.

The 22-month Share Certificate Special has the highest APY of any TCU Chare Certificate, by far – the 24-month’s current APY is only 1.26%. There is a 10-day grace period before the Share Certificate Special automatically renews to a 24-month Share Certificate.

According to CSR, the Early Withdrawal Penalty is 180 days interest on the amount being withdrawn.

Availability

Headquartered in South Bend, Indiana, Teachers Credit Union’s field of membership (FOM) is residency based, with individuals who live or work in Indiana, or the southwest Michigan counties of Berrien and Cass eligible to join.

Family members of current TCU members are also welcome to apply, although Michigan residents are only membership-eligible if they live with their TCU member relative.

As stated on the online application, the following relationships qualify: parent, spouse, child, stepchild, sibling, niece, nephew, aunt, uncle, grandparent, and grandchild. Even in-law relationships (father, mother, son, daughter, brother, and sister) qualify.

Joining TCU and/or opening a Share Certificate Special can be done online, or at any of 52 Indiana branches, located in the Indiana counties of Clay, Elkhart, Floyd, Fulton, Hamilton, Hendricks, Huntington, Johnson, Kosciusko, Lake, Marion, Marshall, Montgomery, Porter, Putnam, and St. Joseph. TCU also has a single Michigan branch in Niles.

TCU also participates in the CO-OP Shared Branch network.

Whether you’re traveling across town or across country, you can rest easy knowing you have convenient access to your TCU accounts at any one of more than 5,600 CO-OP Shared Branches nationwide.

Credit Union Overview

Teachers Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 1.00% (excellent), based on March 31, 2018 data. In the past year, TCU increased its total non-brokered deposits by $123.42 million, an excellent annual growth rate of 5.05%. Please refer to our financial overview of Teachers Credit Union (NCUA Charter # 60060) for more details.

Teachers Credit Union’s backstory is classic: in 1931, a small group of teachers “pooled their savings to lend to others in need of credit.” Eighty-seven years later, TCU is Indiana’s largest credit union with nearly 298,000 members and assets in excess of $3.1 billion.

The TCU Foundation was established in 1994,

to support the credit union vision of being a positive force in the communities served by TCU. As such, the TCU Foundation has awarded nearly $3 million dollars in educational grants, contributions and college scholarships throughout the markets served by TCU.

How the Share Certificate Special Compares

When compared to the 360 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Teachers Credit Union’s 22-month Share Certificate Special APY currently ranks first.

Interest RateCD Length of TermCredit Union/Bank
3.06% APY22-Month Share Certificate SpecialTeachers Credit Union
2.90% APY24-Month Share CertificateCommunityWide Federal Credit Union
2.85% APY2-Year CDKS StateBank

The above rates are accurate as of 8/29/2018.

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

Related Pages: Fort Wayne CD rates, Indianapolis CD rates, Louisville CD rates, Terre Haute CD rates, South Bend CD rates, Chicago CD rates, 5-year CD rates

Comments
Top Indiana Long-Term CD Rate at Teachers Credit Union - Local Only

Finding CD yields of 3.00% is difficult these days even for the longest terms. I found one today in Indiana. It's at Teachers Credit Union which has a special 71-month CD and IRA CD with a 3.05% APY. Minimum deposit is $1,000. There's also a special 35-month CD with a 1.80% APY. These rates are listed at the credit union deposit rates page as of 8/15/2011.

Membership is open to those who live or work in one of several counties in Indiana. This includes parts of Marion County so many people...

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3.75% 19-Month CD at Teachers Credit Union in Indiana
Teachers Credit Union is offering a special 3.75% APY 19-month share certificate. Minimum deposit is $1,000. This is also available as an IRA certificate. The rate is listed in the credit union's Deposit Rates page as of 2/05/09.

Membership is open to those who live or work in one of many Indiana counties. Please refer to the credit union's Become a Member Page for the full details.

Branches are located in several Indiana cities including South Bend, Indianapolis, Huntington, Plymouth, Rochester and Warsaw.

Teachers Credit Union has some decent ratings for...





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