Credit Union CD Rates May 17, 2010

Credit union CD rates for May 17, 2010. The enclosed list is the current CD rates from the largest credit unions in the U.S. Credit unions offer members numerous financial services and products including credit unions CDs. Credit union CDs are share term certificates that are also referred to as certificates of deposit or CDs and are comparable to bank CDs.

The top five largest credit unions based on membership includes: Navy Federal Credit Union, State Employees’ Credit Union, Pentagon Federal Credit Union, The Golden 1 Credit Union and Security Service Federal Credit Union.

These five credit unions offer a number of different terms and rates on their credit union CDs. The following is a list of the most common CD terms with the corresponding interest rate earned on these credit union accounts.

Navy Federal Credit Union CD rates include:

6 month CD rate 0.80%
1 year CD interest rate 1.25%
2 year credit union CD rate 1.70%
5 year CD rate 2.85%

The Navy Federal Credit Union can be reached directly at 888-842-6328 to discuss current CD rates as well as additional account and membership information.

State Employees’ Credit Union CD rates include:

6 month CD rate 1.50%
1 year CD rate 1.50%
2 year CD interest rate 2.00%
5 year credit union CD rate 3.00%

State Employees’ Credit Union contact number for CD rates and general account information is 888-732-8562.

Pentagon Federal Credit Union CD rates include the following terms and rates:

6 month CD rate 0.99%
1 year CD interest rate 1.31%
2 year credit union CD rate 1.71%
5 year CD rate 3.00%

The Pentagon Federal Credit Union can be reached at 800-247-5626 for additional information on their financial products and services.

The Golden 1 Credit Union has the following CD rates and terms available:

6 month CD interest rate 0.45%
1 year CD rate 0.75%
2 year credit union CD rate 1.20%
5 year CD rate 2.45%

The Golden 1 Credit Union can be contacted at 877-465-3361 for more information on these account products and more.

Security Service Federal Credit Union has the CD rates and terms that include:

6 month CD rate 1.05%
1 year CD rate 1.45%
2 year CD rate 1.90%
5 year CD rate 2.95%

Security Service Federal Credit Union’s current account rates and product information can be found by contacting the toll free number 800-527-7328.

These credit union CD rates and terms are all fixed rate and fixed term accounts. Most of the credit unions listed also offer other terms that range from 3-60 months or longer. Most credit union accounts can be opened at the credit unions branch or online. All rates are as of May 17, 2010 and are subject to change without notice. Certain conditions and restrictions on these credit union accounts may apply.

The APY is based on an assumption that dividends or the interest earned will remain in the account until maturity. Any withdrawal or transfer of funds prior to the CD maturity reduces earnings and the listed rate of return and there may be penalties for early withdrawal.

Tags: 6 month CD rate, bank CDs, CD interest rate, CD rates, certificates of deposit, credit union, Credit Union CD Rates, credit union CDs, Navy Federal Credit Union CD rates, Pentagon Federal Credit Union CD rates, State Employees' Credit Union CD rates

This entry was posted on Monday, May 17th, 2010 at 12:14 pm and is filed under Credit Union CD Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.