New Nationally Available CD Specials At Veridian Credit Union

POSTED ON BY

Deal Summary: CD Specials - 25-month (1.91% APY), 39-month (2.07% APY), $1k minimum deposit. Jumbo CD Specials - 25-month (2.02% APY), 39-month (2.17% APY), $100k minimum deposit.

Availability: Easy membership requirement through Dwolla; residents of all 99 Iowa counties and five southeast Nebraska counties.

In the past two years, Veridian Credit Union (Veridian) has been quite prolific when it comes to offering competitive short- and long-term CDs. The latest offering includes 25- and 39-month term lengths, in both Jumbo CD Special and regular CD Special formats. The minimum deposit for a Jumbo CD Special is $100k, with a regular CD Special requiring only a $1k minimum deposit.

APYMINMAXINSTITUTIONPRODUCTDETAILS
2.27%$100k-Veridian Credit Union39 Month Jumbo Special CD
2.17%$1k-Veridian Credit Union39 Month Special CD
2.02%$100k-Veridian Credit Union25 Month Jumbo Special CD
1.91%$1k-Veridian Credit Union25 Month Special CD
Accounts mentioned in this post. Rates as of October 17, 2017.

According to CSR, the Early Withdrawal Penalty is based on the CD term length: the penalty for a CD with a term of 12 months or less, is equal to 90 days interest, while the penalty for a CD with a term greater than 12 months is 180 days interest.

Thanks to eagle-eyed DA reader, cumulus, for his Forum post about Veridian’s latest CD Specials.

Availability

Headquartered in Waterloo, Iowa, Veridian Credit Union’s field of membership (FOM) as a way for almost anyone to join.

Easy Membership - Veridian now offers membership to registered users of Dwolla. According to Dwolla’s website, "setting up an account is free, and there are no per transaction fees." Veridian’s Looking for Answers? page provides details about Dwolla (which is an agent of Veridian Credit Union and Compass Bank) and a direct link to Dwolla.

Residency - Individuals who live or work in all of Iowa’s 99 counties and five Nebraska counties (Cass, Douglas, Sarpy, Saunders, and Washington) qualify for membership.

Other - Any residents of Iowa with disabilities (as defined by the "Americans with Disabilities Act of 1990") are also eligible for membership, regardless of the Iowa county in which they reside. For more details, please refer to Veridian’s Membership page.

Joining Veridian Credit Union and/or opening a Special CD can be done online, or at any of 28 Iowa branches located in Ankeny (3), Cedar Falls (4), Cedar Rapids (3) Coralville, Council Bluffs, Des Moines (2), Independence, Iowa City, Johnston, Marion, Oelwein, Waterloo (6), Waverly, and West Des Moines (2). A Nebraska branch in Omaha (Maple Road) was recently opened.

Credit Union Overview

Veridian Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 5.16% (excellent) based on June 30, 2017 data. In the past year, Veridian has increased its total non-brokered deposits by $222.84 million, an excellent annual growth rate of 8.48%. Please refer to our financial overview of Veridian Credit Union (NCUA Charter # 64418) for more details.

Veridian Credit Union was originally chartered in 1934 as the John Deere Employees Credit Union. As the name would suggest, original membership was exclusively John Deere employees, and it remained that way until 1986 when membership was extended to those living or working in nearby Cedar Falls. This prompted a small name change: John Deere Community Credit Union.

John Deere Community Credit Union always operated independently of Deere & Company, but in 2004, Deere requested that the use of "John Deere" be discontinued to avoid trademark confusion. As a result, the name was changed in 2006, with the new name, "Veridian," derived from the Latin words for truth (veritas) and growing (verdant). Veridian Credit Union is currently Iowa’s second largest credit union and the 57th largest credit union in the country, with more than 211,300 members and assets in excess of $3.3 billion.

How the Special CDs Compare

When compared to the similar length-of-term CDs tracked by DepositAccounts.com that are available nationwide, Veridian Credit Union's 25-month Jumbo Special CD and Special CD APYs currently ranks first and third respectively, regardless of minimum deposit.

When compared to the similar length-of-term CDs tracked by DepositAccounts.com that are available nationwide, Veridian Credit Union's 39-month Jumbo Special CD and Special CD APYs currently ranks first and third respectively, regardless of minimum deposit.

The above rates are accurate as of 9/8/2017.

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

Related Pages: Cedar Rapids CD rates, Omaha CD rates, Des Moines CD rates, 5-year CD rates, nationwide deals

Comments
Sylvia
Sylvia   |     |   Comment #1
The deal was sweeter in May 2016 for the 39 month: 2.25% for $1K, 2.40% for $100K. C'mon, Veridian, you can do better!
Crooked H>
Crooked H>   |     |   Comment #2
Everyone hold your fire til 3% !
mr. labor econ
mr. labor econ   |     |   Comment #3
I READ A QUICK QUIP TODAY THAT UNDER SOME CIRCUNSTANCES,,,,IF THE EURO AND POUND QUICKLY ROCKET AND THE CHINESE FIREDRILL THAT THE TRUMP ADMINISTRATION HAS BEEN IN,,,,,,,continues,,,,this synchronicity may require the bloody FED TO RAISE THE BLOODY RATES. for international political reasons .....interesting scenario, one i hadn't gamed,,,,,DISCUSS IT AMONGST YOURSELVES BOYS AND GIRLS,,,,,a silver lining???
Judy
Judy   |     |   Comment #4
I live in Illinois so I am not eligible to get a CD from you. Is that correct?
???
???   |     |   Comment #5
this site only tells you Where to get them.
Sylvia
Sylvia   |     |   Comment #6
Judy, you're still eligible for membership, and therefore the CD, by registering w/Dwolla as explained above.
Veridian Credit Union Raises Rates On CD Specials

UPDATE: 7/24/17 – Veridian CU is an easy membership requirement credit union.

Deal Summary: CD Specials - 9-month (1.51% APY), 15-month (1.76% APY), $1k minimum deposit. Jumbo CD Specials - 9-month (1.61% APY), 15-month (1.86% APY), $100k minimum deposit.

Availability: Easy membership requirement through Dwolla; residents of all 99 Iowa counties and five southeast Nebraska counties.

Earlier this week, Veridian Credit Union (Veridian) raised the rate on its 9- and 15-month CD Specials. The minimum deposit for a Jumbo CD Special is $100k, with a regular CD Special only...

Continue Reading
Veridian CU Adds Nationally Available CD Specials
Deal Summary: CD Specials – 15-month, 1.50% APY; 25-month, 1.80% APY; 39-month, 1.85% APY; $1k minimum deposit.

Availability: Easy membership requirement; also residents of 65 Iowa counties and five Nebraska counties.

Exactly one year ago, I wrote about Veridian Credit Union’s (Veridian) newly expanded field of membership (FOM) and new CD Specials. A year later, Veridian has added 25 more Iowa counties to the FOM and has three new CD Specials: 15-month (1.50% APY), 25-month (1.80% APY), and 39-month (1.85% APY.) The minimum deposit is $1k, with...

Continue Reading
Veridian CU (Easy Membership) Has Competitive Long-Term CDs

UPDATE 5/12/16: While the rates on both 39-month CDs were lowered today, the rates on the 15-month CD (1.40% APY) and 15-month Jumbo CD (1.55% APY) were raised. Funding details and EWP are the same as on the 39-month CDs.

Availability: Easy membership

Veridian Credit Union (Veridian CU) has had several competitive CDs in the past, but now that the Credit Union’s field of membership is no longer confined to 40 Iowa counties and five Nebraska counties, the intrinsic value of its CDs has...

Continue Reading
Veridian Credit Union (Iowa) Adds Series Of Competitive CD Specials
Availability: 40 Iowa counties and five southeast Nebraska counties

In the past nine months, Veridian Credit Union (Veridian CU) has had several competitive CD Specials, including an 80th anniversary CD Special that ended in December 2014. Yesterday, Veridian CU listed a new series of five CD Specials on its website.

All the CD Specials are available as Regular CDs ($1K minimum deposit) and as Jumbo CDs ($100K minimum deposits). Of the five different length of terms listed, the 15-month, 25-month, and 39-month CDs are the most competitive.

Continue Reading
Veridian Credit Union (IA) Celebrates 80 Years With 19-34 Month CD

In August I wrote about Veridian Credit Union's five CD Specials. Those Specials are still available. This month, in celebration of its 80th anniversary, Veridian Credit Union added another Special: a 19-34 month CD (2.25% APY) that is available through December 31, 2014.

Like the other CD Specials, the 19-34 month CD Special requires a minimum $1K deposit to open, with no maximum balance cap. Unlike the other CD Specials, the 19-34 CD Special is not offered as a higher rate Jumbo CD.

According to CSR, the Early Withdrawal Penalty...

Continue Reading

More Past Offers