While bank CD rates have continued to fall in June, Credit Union CD rates remained quite resilient. The top credit union CD rates moved modestly lower with the greatest rate reduction occurring in the very short term certificates.
Based in the most recent survey of credit union CD rates performed by Selectcdrates.com, the average rate for the most popular credit union CD terms were as follows:
The average credit union CD rate from the top ten largest credit unions on the six month term CD has a rate of 0.71%. The average credit union rate on a 1 year CD closed out the week at 0.99%. The two year credit union CD rate was down moderately to 1.42% and the average rate for the five year credit union CD stood at 2.66%.
The ten largest credit unions CDs in the weekly Selectcdrates.com credit union survey included Navy Federal Credit Union CD, State Employees’ Credit Union CD, PenFed Credit Union CD, The Golden 1 Credit Union CD, Security Service Federal Credit Union CD, BECU CD, America First Credit Union CD, SchoolsFirst Fed Credit Union CD, Suncoast Schools Federal Credit Union CD and Desert Schools Federal Credit Union CD.
Select credit union CD rates from the top five credit unions included the following CD rates and terms:
Navy Federal Credit Union had the following CD rates and terms:
6 month Navy Federal Credit Union CD rate 0.80%
1 year credit union CD interest rate 1.15%. There is a promotional offer for a 1 year CD rate of 2.90% for balances that cannot exceed $3,000.00 and is available for accounts that also have a checking account and direct deposit.
2 year credit union CD rate 1.60%
5 year CD rate 2.85%
Navy Federal Credit Union CDs listed require a deposit amount of $1,000.00 with the exception of the 6 month certificate which requires a $2,500.00 deposit.
State Employees’ Credit Union CD rates include:
6 month State Employees’ Credit Union CD rate is 1.50%
1 year credit union CD rate is 1.50%
2 year CD interest rate 2.00%
5 year credit union CD rate 3.00%
All State Employees’ Credit Union CDs require a $250.00 minimum deposit.
Pentagon Federal Credit Union CD rates include the following terms and rates:
6 month Pentagon Federal Credit Union CD rate is 0.90%
1 year credit union CD interest rate 1.31%
2 year credit union CD rate 1.25%
5 year CD rate 3.00%
Each CD account requires a minimum $1,000.00 deposit.
The Golden 1 Credit Union has the following CD rates and terms available:
6 month Golden 1 Credit Union CD rate 0.45%
1 year credit union CD rate 0.75%
2 year credit union CD rate 1.20%
5 year CD rate 2.45%
Each Golden 1 Credit Union CD account requires a minimum $1,000.00 deposit.
Security Service Federal Credit Union has CD rates and terms that include:
6 month Security Service Federal Credit Union CD rate 0.95%
1 year credit union CD rate 1.35%
15 month promotional CD has a rate of 1.85%
2 year CD rate 1.90%
5 year CD rate 2.95%
Each credit union CD from Security Service Federal Credit Union listed requires a minimum $500.00 deposit.
All credit union CDs and deposits included in the survey are federally insured by the National Credit Union Administration ( NCUA ) up to $250,000.00. The credit unions listed may offer other rates and fees or change the rates and fees contained in this survey from time to time. For current CD rates, the credit unions listed can be reached:
The Navy Federal Credit Union can be reached directly at 888-842-6328
State Employees’ Credit Union contact number is 888-732-8562.
The Pentagon Federal Credit Union can be reached at 800-247-5626
The Golden 1 Credit Union can be contacted at 877-465-3361
Security Service Federal Credit Union’s toll free number is 800-527-7328
Tags: bank CD rates, CD rates, credit union CD, Credit Union CD Rates, credit unions, current CD rates, largest credit unions, Navy Federal Credit Union CD, PenFed Credit Union CD, Pentagon Federal Credit Union CD rate, State Employees' Credit Union CD, The Golden 1 Credit Union CD
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