Utah Community CU Adds 120 Basis Points To 60-Month CD


Deal Summary: 60-month Regular CD, 2.50% APY, $500 minimum deposit

Availability: Residents of Juan, Sanpete, Salt Lake, and Wasatch Counties, Utah

Utah Community Credit Union (Utah CCU) began February by raising the rate on its 60-month Regular CD (2.50% APY) by 120 basis points. The minimum opening deposit is $500, with no stated balance cap.

3.50%$500-Utah Community Credit Union60 Month Regular CD
3.50%$500-Utah Community Credit Union60 Month Regular IRA (Traditional, Roth)
Rates as of January 17, 2019.

In its nearly six year history, the 60-month Regular CD has had six rates changes, with its APY stagnating at 1.30% for more than four years.

The 60-month Regular CD is also available as an IRA (Traditional), earning the same APY with the same minimum deposit requirements.

As stated in the fine print on the Rates page, the Early Withdrawal Penalty reads as follows:

For Savings Certificates and IRA Certificates, the penalty we may
impose will equal 180 days dividends on the amount withdrawn.


Headquartered in Provo, Utah Community Credit Union’s field of membership (FOM) includes individuals who live, work, worship, or attend school in Juan, Sanpete, Salt Lake, and Wasatch Counties, Utah.

Joining Utah CCU and/or opening a Regular CD can be done online, or in person at any of 20 Utah branches located in American Fork, Heber City (2), Highland, Lehi, Nephi (2), Orem (3) Payson, Pleasant Grove, Provo (3), Salem, Santaquin, Saratoga Springs, Spanish Fort, and Springville.

Credit Union Overview

Utah Community Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas ratio of 2.32% (excellent) based on September 30, 2016 data. In the past year, Utah CCU has increased its total non-brokered deposits by $127.42 million, an excellent annual growth rate of 14.29%. Please refer to our financial overview of Utah Community Credit Union (NCUA Charter # 10709) for more details.

Utah Community Credit Union was established in 1955 as the BYU Employees’ Federal Credit Union, with seven members, $35 in assets, and a “branch” located on a staircase landing in a BYU building.

And because they couldn’t afford to purchase a vault, cash was kept in a locked room
and placed in a cast iron bathtub, covered with a sheet of asbestos to protect it from fire.

With the expansion of the FOM and new off-campus branches being opened, the name was changed twice to better reflect the membership, with the Utah Community Credit Union rebrand occurring in 2000. Utah CCU is currently Utah’s fourth largest credit union, with more than 134,000 members and assets in excess of $1.1 billion.

How the Regular CD Compares

When compared to the 214 similar length of term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Utah Community Credit Union's 60-month Regular CD APY currently ranks second.

The above rates are accurate as of 2/6/2017.

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

5.30% 60-Month / 5.25% 48-Month CD at a Utah Credit Union (Utah Community).
Update 2/2/08: CD rates have fallen again. Please check the credit union's website for the latest rates.

Update 1/19/08: The rates have fallen. Title modified with new rates: 5.30% APY 60-month, 5.25% APY 48-month and 5.20% APY 36-month. Please see credit union's website for latest rates.

Utah Community Credit Union has some high yields on its certificates. The high yields range from 5.15% APY for a 6-month term to 5.65% APY for a 60-month term. The other APYs include 5.30%, 5.40%, 5.50% and 5.55% for a 12, 24, 36 and 48 month...

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