Y-12 FCU (TN) Has Very Competitive 65-Day Share Certificate


Availability: Residents of the Tennessee counties of Anderson, Blount, Campbell, Knox, Loudon, Roane, Sevier, and Union.

For those of you who hate to commit, Y-12 Federal Credit Union (Y-12 FCU) has added a 65-day Share Certificate (2.00% APY) to its product line. The minimum opening deposit is $500, with no balance cap.

While Y-12 FCU’s other Share Certificates have tiered APY levels based on deposit balances, the 65-day Share Certificate’s 2.00% APY applies to all balance levels.

The 65-day Share Certificate is also available as an IRA (Traditional and Roth), earning the same APY with the same funding requirements.

Y-12 FCU offers bonus points on its Share Certificates through its Member Rewards program. The requirements for each level of the Member Rewards program are based on a variety of combinations of checking account relationship, debit card activity, direct deposit, payroll deductions, and deposit and loan balances.

  • Pinnacle – additional 20 basis points
  • Premium – additional 15 basis points
  • Preferred – additional 10 basis points

According to CSR, the Early Withdrawal Penalty is all the dividends earned, and the Share Certificate will be closed upon withdrawal.


Headquartered in Oak Ridge, Y-12 Federal Credit Union membership is residency based, with individuals who live, work, worship, or attend school in Anderson, Blount, Campbell, Knox, Loudon, Roane, Sevier, and Union Counties, Tennessee, eligible to join.

Immediate family members of current Y-12 FCU members also qualify for membership.

Joining Y-12 FCU can be done online, but opening a CD must be done in-person at any of 14 Tennessee branches located in Clinton (2), Harriman, Jacksboro, Knoxville (4), La Follette, Maryville (2), Oak Ridge, Powell, and Sevierville.

Credit Union Overview

Y-12 Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas ratio of 2.61% (excellent) based on June 30, 2015 data. In the past year, Y-12 FCU has increased its total deposits by $47.97 Million, an excellent annual growth rate of 7.32%. Please refer to our financial overview of Y-12 Federal Credit Union for more details.

Founded in 1950, Y-12 Federal Credit Union (NCUA Certificate # 6775) was originally established by employees of the Y-12 Plant in Oak Ridge, one of two facilities that enriched the uranium for the Manhattan Project. The Credit Union’s charter to was changed to a community-based charter, helping to make Y-12 Federal Credit Union the 6th largest credit union in Tennessee, with over 97,000 members and assets in excess of $837 Million.

I’d like to thank the Y-12 FCU marketing person who took the time to relate the Credit Union’s most interesting history.

How the CD Compares

When compared to the 129 similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available to Tennessee residents, Y-12 Federal Credit Union's 65-Day Share Certificate has no competition.

The above rates are accurate as of 11/2/2015.

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

  |     |   Comment #1
This is without a doubt the silliest thing I've seen in a while.  What is this credit union thinking?  People are going to actually go to the trouble to open a CD for just 2 months? 
  |     |   Comment #3
They're thinking you'll leave the money in their CU after the CD matures.
  |     |   Comment #2
Just a comment... you can open the initial share account online and after it's open push via ACH the money to your share account and then call the bank to move it into a CD.    No need to open it in person.
4.25% 12-Month / 4.00% 6-Month CD at a Tennessee Credit Union (Y-12)
Y-12 Federal Credit Union is offering a 4.25% APY 12-month CD and a 4.00% APY 6-month CD. The minimum deposit is $10,000. These are also available in an IRA. Please refer to the credit union's rate table for more details.

Membership is open to those who live, work, worship or attend school in one of several Tennessee counties. Please refer to the Membership Page for the full details. Membership requires a minimum $5 balance in the Regular Share Savings Account.

Branches are located several Tennessee cities including Knoxville, Jacksboro and Oak Ridge....

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5.35% 10-Month CD at a Tennessee CU
Y-12 Federal Credit Union is offering a 5.35% APY 10-month fixed-rate share certificate or IRA. The minimum deposit is $2.5K.

The credit union's field of membership includes anyone who lives, works, worships or attend school in the following Tennessee counties: Anderson, Loudon, Blount, Roane, Campbell, Sevier, Knox and Union.

Y-12 FCU has branches located in Oak Ridge, Knoxville, Maryville, Jacksboro, Harriman, Clinton, Sevierville and Maryville.

Y-12 FCU is NCUA insured with $382 million in assets and over 60,000 members.

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