United FCU Unveils Three New Share Certificate Specials

POSTED ON BY

Deal Summary: 16-month Share Certificate Special, 1.75% APY, $500 minimum deposit

Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs.

For more than a year, United Federal Credit Union (UFCU) has been offering limited-time Share Certificate Specials. The three Specials currently being offered are a 5-month (1.05% APY), 16-month (1.75% APY), and 58-month (2.30% APY), with the 16-month being the most competitive. The minimum deposit for any of the Specials is $500, with no stated balance cap.

UFCU’s Share Certificate Specials always seem to include one very short-term, one short-term, and one long-term Special, with the shorter term Specials being the most attractive. These APYs are following the current trend of rising short-term rates, with long-term rates remaining static.

The Share Certificate Specials are also available as IRAs (Traditional, Roth, CESA), earning the same APYs with the same funding requirements.

As stated in UFCU’s Terms and Conditions document, the Early Withdrawal Penalty reads as follows:

If your account has an original maturity of one year or more - the penalty we may impose will equal 12 months dividends on the amount withdrawn subject to the penalty and may
go into the principal balance.

Availability

Headquartered in Saint Joseph, Michigan, United Federal Credit Union’s field of membership (FOM) isn’t easily categorized, but eligibility can be quickly determined by answering the three questions that are listed on the Three Ways To Join UFCU page:

Do you have an immediate Family Member with an account at United Federal Credit Union?

Relationship: Immediate family members of current UFCU members are eligible to join.

Are you OR your Immediate Family Member working for or retired from a Corporate Member?

Employment: Individuals who work for, or are retired from one of UFCU’s more than 900 Corporate Members, are eligible for membership.

Please select the state where you live - Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, Oklahoma.

Residency: Individuals who live, work, worship, or attend school in certain counties/townships near UFCU branch locations are eligible for membership.

Easy Membership: Individuals who live anywhere in the above mentioned states are eligible for membership by joining the American Consumer Council.

Complete details concerning membership eligibility are available on the Three Ways to Join page.

Joining United Federal Credit Union and/or opening a Share Certificate Special can be done online, at any of 33 full-service branches located in Arkansas (5), Indiana (2), Michigan (10), North Carolina (4), Nevada (10), and Ohio (2), or by phone (888.982.1400).

Credit Union Overview

United Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 5.37% (excellent) based on June 30, 2017 data. In the past year, UFCU increased its total deposits by $183.8 million, an excellent annual growth rate of 12.22%. Please refer to our financial overview of United Federal Credit Union (NCUA Charter # 6288) for more details.

United Federal Credit Union was founded in 1949 as the Nineteen Hundred Employees Federal Credit Union by five Whirlpool employees. In its 66-year history, UFCU has seen four name changes, two acquisitions, one merger, and an expansion of its charter. In 2013, UFCU was doubly honored, being named Michigan Credit Union League Outstanding Credit Union of the Year 2013 and National Federal Credit Union of the Year 2013 by the National Association of Federal Credit Unions. United Federal Credit Union is currently the fourth largest credit union headquartered in Michigan, with more than 161,300 members and assets in excess of $2.4 billion.

How the Share Certificate Special Compares

When compared to the similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit requirements and are available with the FOM, United Federal Credit Union’s 16-month Share Certificate Special APY currently ranks sixth, although only 6 bps separates its from the current top APY.

Interest RateCD Length of TermBank/Credit Union
1.81% APY15-Month Special CDVeridian Credit Union
1.79% APY18-Month CDFirst Internet Bank
1.75% APY16-Month Share Certificate SpecialUnited Federal Credit Union

The above rates are accurate as of 11/15/2017.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table or our Rates Map page.

Related Pages: Charlotte CD rates, Columbus CD rates, Grand Rapids CD rates, Greenville CD rates, South Bend CD rates, Chicago CD rates, Ft. Smith CD rates, Reno CD rates, 1-year CD rates, 5-year CD rates

Comments
United FCU Continues Limited-Time Share Certificate Specials
Deal Summary: 13-month Share Certificate Special, 1.45% APY, $500 minimum deposit

Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs.

United Federal Credit Union (UFCU) has been offering limited-time Share Certificate Specials for about a year. The current promotion includes three Specials, with the 13-month (1.45% APY) being the most competitive. The minimum deposit for any of the Specials is $500, with no stated balance cap.

In April, I wrote about the 55-month Share...

Continue Reading
United FCU Has New Certificate Specials For The New Year
Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs.

In December, United Federal Credit Union (UFCU) had three limited-time Share Certificate Specials. While those offerings have ended, UFCU is now promoting its new 16-month (1.40% APY) and 45-month (2.20% APY) Share Certificate Specials. The minimum deposit for either of these limited-time Specials is $500, with no stated balance cap.

Both Share Certificate Specials are also available as IRAs (Traditional, Roth, and CESA), earning the same...

Continue Reading
United FCU Adds Three Limited-Time Certificate Specials
Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs.

United Federal Credit Union (UFCU) is offering three limited-time Share Certificate Specials: 14-month (1.25% APY), 25-month (1.55% APY), and 55-month (2.25% APY). The minimum deposit of any of the Specials is $500, with no stated balance cap.

All three Share Certificate Specials are also available as IRAs (Traditional), earning the same APYs with the same funding requirements.

As stated in UFCU’s Terms and Conditions document, the Early...

Continue Reading
United Federal CU Raises Rate On 55-Month CD Special
Availability: Easy membership

United Federal Credit Union (UFCU) began the month by raising the rates on its 55-month Share Certificate (CD) Special: 2.35% APY with an Interest Plus Checking (IPC) account throughout the term of the CD Special, and 2.20% APY without an IPC account.

The minimum opening deposit on this limited-time offering is $500, with no balance cap.

The 55-month CD Special is also available as an IRA (Traditional), earning the same APYs and with the same funding and relationship requirements.

As stated in UFCU’s Terms and Conditions document,...

Continue Reading
Top CD Rates with Liquid Features at United Federal Credit Union in Several States

United Federal Credit Union is offering a few good CD and IRA CD deals. First, there's a share certificate special with a 43-month term. Rates are based on the deposit amount: 1.60% APY for $100K, 1.50% APY for $50K and 1.35% APY for $500. The credit union's long-term premier certificates are also good deals. The best one is a 2.00% APY 5-year CD with a $100K minimum deposit. The yield is 1.90% for a $50K minimum. The special CD rates are listed in the credit union's spring share certificate special...

Continue Reading

More Past Offers