Bank Deals Blog: CD Deals

In the past six months, the 20-month CDs (Regular, Jumbo, and Super Jumbo) offered by Illinois-based Consumers Credit Union (CCU) have experience three rate changes. In early September, CCU raised the rates on all three 20-month CDs by a uniform 25 bps. Those APYs (the highest since late 2010) lasted until the beginning of December, when they dropped by...

For a limited time, Langley Federal Credit Union (Langley FCU) is offering a 15-month CD Special earning 1.00% APY. New money is required to fund the CD Special, with a minimum $1k opening deposit and a $25k maximum deposit. There is a limit of one CD Specials per member. (Thanks to DA reader, wuvulu21.) While this is a limited-time offer, no end-date has been specified.

Washington-based Gesa Credit Union (Gesa) began the month by raising the rate on its 7-month Certificate to 1.00% APY. This short-term Certificate requires a $500 minimum opening deposit and has no stated balance cap.

The 7-month Certificate has been part of the product line for more than three years. The initial 1.17% APY was in effect for two years before it was increased to 1.47% APY in...

About nine months ago, I wrote about the 60-month Jumbo and Regular Share Certificates offered by El Paso Area Teachers Federal Credit Union (better known as TFCU). At that time, the APYs were a uniform 100 bps higher than the current rates. Those very competitive APYs lasted only about two weeks before dropping by...

The long-term Share Certificates offered by Keys Federal Credit Union (Keys FCU) have very competitive rates: 36-month (1.26% APY), 48-month (1.51% APY), and 60-month (1.76% APY). These APYs have remained unchanged for almost a year, but have become more competitive as the majority of long-term CD rates substantially dropped. The minimum opening deposit is $500, with no stated balance cap.

Allegiance Credit Union (ACU) CDs have tiered APYs based on deposit levels of $500, $10k, $50k, and $100k. The 24-, 36-, and 48-month CDs currently offer competitive rates on deposits of $100k and above. These rates have been in effect for about four months.

ACU CDs are also available as IRA CDs (Traditional, Roth, CESA), earning the same tiered APYs...

As I was preparing yesterday’s Keesler Federal Credit Union (KFCU) High Interest Money Market Account Plus blog post, I realized I hadn’t written about KFCU’s Jumbo CDs ($100k minimum) in quite some time. While the Jumbo CDs with terms between 1- and 5-year offer competitive rates that have held...

I wrote about Mississippi-based Keesler Federal Credit Union’s (KFCU) High Interest Money Market Account Plus (HIMMA Plus) in August. The HIMMA Plus tiered APYs (1.35% APY, $2.5k+; 1.40% APY, $50k+; 1.45%, $100k+) have a 1% bonus rate above the regular HIMMA APYs. That 1% bonus rate is guaranteed for six months. A minimum $2.5k opening deposit of...

Streator Onized Credit Union (SOCU) recently added a 14-month CD Special (0.80% APY) and two Step-Up CD Specials (18- and 24-month), both earning 0.70% APY. These limited-time Specials all require a $500 minimum opening deposit, with no stated balance cap. The Step-Up CD Specials offer one rate increase (at the member’s discretion) any time...

New York-based USALLIANCE Financial (USALLIANCE) has added a trio of limited-time Certificate Specials to its product line. All three Certificate Specials offer very competitive rates: 12-month (0.85% APY), 18-month (0.95% APY), and 24-month (1.00% APY). There are also two less competitive, shorter-term Certificate Specials: 9-month (0.50% APY) and 11-month no-penalty (0.55% APY). Like all USALLIANCE Certificates, the Certificate Specials require a $500 minimum opening deposit,...