Travis Credit Union's (Travis CU) product line currently includes two CD Specials: 13-month CD Special (2.40% APY, $500 minimum) and 24-month Bump-Up CD Special (2.50% APY, $1k minimum). Both CD Specials require new money, defined as “funds not currently on deposit with Travis Credit Union.” The Bump-Up CD Special comes with a one-time rate increase at any time during the term.
Both CD Specials are also available as IRAs (Traditional, Roth, CESA, SEP), earning the same APYs with the funding requirements.
As stated in the Certificate Account Agreement, the Early Withdrawal Penalty reads as follows:
For terms of 12 months or more the Standard Penalty will be an amount equal
to 180 days dividends on the amount withdrawn, whether earned or not.
The Certificate Account Agreement also states,
Travis Credit Union reserves the right to require 60 days
written notice of your intention to withdraw or transfer shares.
Headquartered in Vacaville, California, Travis Credit Union’s field of membership (FOM) includes individuals who live, work, worship, or attend school in the California counties of Alameda, Colusa, Contra Costa, Merced, Napa, Placer, San Joaquin, Sacramento, Solano, Sonoma, Stanislaus, or Yolo.
Active/retired military and civilian personnel of Travis Air Force Base also qualify for membership.
Household members and family members (spouse, parent (in-law), sibling (in-law), child (foster/step), grandparent, grandchild, aunt, uncle, niece, nephew) of current Travis CU members are welcome to apply.
Joining Travis CU can be done online or at any of 25 California branches, located in Antioch (2), Atwater, Benicia, Clayton, Concord, Davis, Dixon, Fairfield (4), Merced, Napa, Pleasant Hill, Richmond, Suisun City, Travis AFB, Vacaville (5), Vallejo, and Woodland.
Opening a CD can be done at any of the above mentioned branch locations. While a CD can theoretically be opened online, there is a maximum funding limit of $2,500.
If you wish to deposit a higher amount, please contact our Member Service
Center at (800) 877-8328 once your accounts have been established.
A $5 deposit in a Prime Share Account and the payment of a one-time
membership fee makes you a shareholder (owner) of the Credit Union.
While not participating in the CO-OP Shared Branching network,
Travis Credit Union is part of the CO-OP ATM Network. Members
have access to 30,000 surcharge-free ATMs in the U.S. and Canada.
Credit Union Overview
Travis Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 4.39% (excellent) based on June 30, 2019 data. In the past year, Travis CU has increased its total non-brokered deposits by $131.22 million, an excellent annual growth rate of 5.17%. Please refer to our financial overview of Travis Credit Union (NCUA Charter # 68429) for more details.
Travis Credit Union was established in 1951 by civilian and military workers at Travis Air Force Base in Fairfield, California. Travis CU is currently the 13th largest credit union in California, with nearly 213,000 members and assets in excess of $3.2 billion. According to a September 2019 press release,
For the fifth time in twenty years Travis Credit Union has won the "Air Force Distinguished Credit Union Award." The national award is presented annually by the U. S. Department of the Air Force to the on-base credit union that has gone above and beyond its duty to provide financial service and financial education to Air Force members. Only one credit union is selected throughout the entire Air Force to receive this award.
How the CD Special Compares
When compared to 247 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Travis Credit Union's 13-month CD Special APY currently ranks second.
How the Bump-Up CD Special Compares
When compared to 235 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Travis Credit Union's 24-month Bump-UP CD Special APY currently shares the top spot with four other 2-year CD APYs (offered by American 1 Credit Union, Home Loan Investment, USALLIANCE Financial, and Wheelhouse Credit Union).
The above rates are accurate as of 10/21/2019.
To look for the best CD rates, either nationwide or state-specific, please refer to our CD Rates Table page.