The Best Credit Union CD Rates May 24, 2010

The top credit union CD rates were mostly unchanged for the week ending May 21, 2010 based in the most recent independent credit union survey performed by Selectcdrates.com.

The average credit union CD rate on six month term CD from the top ten largest credit unions ended the week with a rate of 0.73%. The average rate from the ten largest credit unions on a 1 year CD closed out the week at 1.01%. The two year credit union CD rate held at 1.51% and the average rate for the five year credit union CD was 2.69%.

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.

The ten largest credit unions CDs in the 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.

CD rates from the top five credit unions included the following CD rates and terms:

Navy Federal Credit Union CD rates include:

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

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%

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

6 month Pentagon Federal Credit Union CD rate is 0.99%
1 year credit union CD interest rate 1.31%
2 year credit union CD rate 1.71%
5 year CD rate 3.00%

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%

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

6 month Security Service Federal Credit Union CD rate 1.05%
1 year credit union CD rate 1.45%
2 year CD rate 1.90%
5 year CD rate 2.95%

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

The credit union CD rates or dividend rates and APY on all accounts are effective as of the date noted and are subject to change without notice. A penalty may be imposed for early withdrawal. Certain conditions and restrictions on these credit union accounts may apply.

Credit unions are member-owned, not-for-profit financial cooperatives. Credit union profits are paid back to its members as dividends on deposits, lower interest rates on loans, and in the services offered by the individual credit unions.

Tags: 1 year credit union CD rate, credit union, Credit Union CD Rates, credit union CDs, Golden 1 Credit Union CD, Navy Federal Credit Union CD, Pentagon Federal Credit Union CD, Security Service Federal Credit Union CD, State Employees' Credit Union CD

This entry was posted on Monday, May 24th, 2010 at 10:31 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.