Veridian Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.30% | 3-year CD | 39 Month CD Special |
| 1.91% | 2-year CD | 25 Month CD Special 2.25% - Synchrony Bank 24 Month CD |
| 1.81% | 18-month CD | 15 Month CD Special 1.01% - National Average |
Veridian Credit Union is headquartered in Waterloo and is the 2nd largest credit union in the state of Iowa. It is also the 52nd largest credit union in the nation. It was established in 1934 and as of December of 2017, it had grown to 762 employees and 215,574 members at 30 locations. Veridian Credit Union's money market rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in the state of Iowa, or those who live and work in Washington, Douglas, Sarpy, Saunders, Lancaster, and Cass Counties in Nebraska. Membership is also open to registered users of Dwolla.
See current membership details
Related Posts
2/1 - Veridian CU Offering 18-Month CD At 2.28% APY
9/8 - New Nationally Available CD Specials At Veridian Credit Union
9/8 - Veridian CU raises CD Rates. Quick Look.
7/24 - Veridian CU Is Back On The Big List Of Credit Unions Anyone Can Join
7/21 - Veridian Credit Union Raises Rates On CD Specials
7/21 - Veridian Credit Union's Easy Membership Status
7/20 - Veridan CU 15 Month CD Up To 1.76%. Quick Look.
6/17 - Veridan CU 15 Month CD Up To 1.60%. Quick Look.
5/5 - Veridian CU Adds Nationally Available CD Specials
5/4 - CD Rate Increases
7/14 - Veridian CU — Rate Decrease On 25 Mth CD, Increase On 15 Mth
5/12 - Veridian Credit Union - 39Mo CD Rate Cuts But 15Mo CD Rate Hikes
5/5 - Veridian CU (Easy Membership) Has Competitive Long-Term CDs
5/4 - CD Specials Of Various Terms
11/14/14 - Veridian Credit Union (IA) Celebrates 80 Years With 19-34 Month CD
8/29/14 - Veridian Credit Union (IA) Introduces A Series Of Attractive CD Specials
11/9/11 - Competition Leads to Top CD Rates in Iowa
4/20/11 - Competitive CD Rates at Veridian Credit Union in Iowa - Local Only
8/25/09 - 2.30% 15-Month CD & 2.60% 25-Month CD at Veridian Credit Union in Iowa - Local Only
Great Staff
I opened my CD special today, they were friendly and helpful.
Top Notch - Veridian
I've been banking with Veridian ever since it was the John Deere Credit Union back in the early 90's. I absolutely love their service. I have on occasion, overwithdrawn my account in error and Veridian credits me back for the fees. Additionally, their money market account stayed competitive throughout the recession and only required a $1k deposit minimum. They're always pleasant to work with and their online chat feature has been operational for some time, even before most of the major big banks. I've had no issues trying to send funds to friends and family, using hte bill pay feature, or moving funds to and from accounts. Anytime I call, I'm on the phone for no more than 5min to solve my issue. Unfortunately I cannot bank in person as I currently live out of state, but the majority of my needs can be satisfied online. I would highly recommend this CU to anyone
Opened 25 Mo Jumbo CD Painlessly
Signed up for a Dwolla account, deposited $5 in the Veridian savings account, provided the CSR with a copy of a utility bill & notarized drivers license. Sent a check to Veridian with a note to open the CD, term, and amount. The CD was opened the same day they received the funds. Now I just have to get my beneficiaries added to the account. It took a little work but was able to get the 1.85% APY.
Ridiculously Low ACH Limits To Deposit & Withdraw
Two weeks ago I opened my first 15 month CD yielding 1.81%. I decided to open another one last week, but I was told that the daily/monthly limits to ACH funds from my external account were $2,500/$5,000.
Those limits are much too low for me since I planned on opening another $75,000 in CD's. As a result, I requested an increase. The increase granted was their maximum which are a daily/monthly limits of $10,000/$20,000.
Those limits are still much too low, but they refuse to increase them and told me that my only options were to PAY for a wire transfer, which I refuse out of principle to do, or to mail them a check! Unbelievable, what is this the 1980's? They are a $3 billion bank but behave like a mom and pop shop!
Veridian just lost a good customer.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64418 |
| Year Chartered | 1934 |
| Employees | 762 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 10.68% |
| Annual Interest Income | $118.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $3.56B$3.10B |
| Loans | Q4 2017vs Q4 2016 | $3.12B$2.53B |
| Deposits | Q4 2017vs Q4 2016 | $3.05B$2.75B |
| Equity Capital | Q4 2017vs Q4 2016 | $351.3MM$314.1MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $17.9MM$16.0MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $20.6MM$18.5MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $1.9MM$2.2MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Veridian CU Offering 18-Month CD At 2.28% APY
https://www.veridiancu.org/news/articles/check-out-our-2018-cd-special.aspx
They say it is a limited-time offer, but give no end date.
Always verify rates and promotions with the bank or credit union. We are not Veridian Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Veridian Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | $50 | - | HSA Savings | |
| 0.25% | $50 | - | IRA Savings | |
| 0.15% | $50 | - | Business Savings | |
| 0.15% | $50 | - | Member Equity Savings | |
| 0.15% | - | - | KIRBY Children's Savings | |
| 0.15% | - | - | U.B.U. Teen Savings | |
| 0.15% | - | - | Holiday Club | |
| 0.05% | - | - | HSA Checking/Share Draft |
Veridian Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $250k* | - | Premier Money Market | ||
| OTHER TIERS: 0.45% → $25k - $50k | 0.50% → $50k - $100k | 0.80% → $100k - $250k | |||||
| 1.00%* | $250k* | - | Commercial Premier Money Market | ||
| OTHER TIERS: 0.45% → $25k - $50k | 0.50% → $50k - $100k | 0.80% → $100k - $250k | |||||
| 0.25% | $1k | - | Traditional Money Market | ||
Veridian Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $50k* | - | Commercial Business Checking | ||
| OTHER TIERS: 0.05% → Up to $50k | |||||
| 0.05% | - | - | Deluxe Business Checking | ||
| 0.05% | - | - | Share Draft | ||
Veridian Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.40% | $100k | - | 39 Month Jumbo CD Special | |
| 2.30% | $1k | - | 39 Month CD Special | |
| 2.28% | $100k | - | 18 Month Jumbo CD Special | |
| 2.18% | $1k | - | 18 Month CD Special | |
| 2.02% | $100k | - | 25 Month Jumbo CD Special | |
| 1.91% | $1k | - | 25 Month CD Special | |
| 1.91% | $100k | - | 15 Month Jumbo CD Special | |
| 1.81% | $1k | - | 15 Month CD Special | |
| 1.81% | $1k | - | 30 Month Bump-Up CD | |
| 1.61% | $100k | - | 9 Month Jumbo CD Special | |
| 1.51% | $1k | - | 9 Month CD Special | |
| 1.41% | $100k | - | 7 Month Jumbo CD Special | |
| 1.31% | $1k | - | 7 Month CD Special | |
| 0.70% | $500 | - | 12 Month Add-On CD | |
| 0.70% | $100 | - | 12-60 Month U.B.U. CD | |
| 0.70% | $100 | - | 12-60 Month KIRBY CD | |
| 0.35% | $50 | - | 12 Month Starter CD |
