Find the latest Consumers Credit Union CD Rates, Offers, and Promotions here.
They currently offer rates Super-Jumbo CDs ($250k min) – 22-month, 3.00% APY; 11-month, 2.45% APY. Jumbo CDs ($100k min) – 22-month, 2.90%; 11-month, 2.35% APY. CDs ($250 min) – 22-month, 2.80% APY; 11-month, 2.25% APY.
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About Consumers Credit Union
Consumers Credit Union is a credit union founded in 1951 and is headquartered in Kalamazoo, Michigan. In January 2018, they had 19 locations, 86,268 members, and almost 300 employees.
Joining CCU and/or opening a CD can be done online, or at any of the 14 full-service Illinois branches, located in Carol Stream, Gurnee, Kildeer, Lake Forest, Mundelein, Northbrook, Palatine, Round Lake Beach, Schaumberg (2), Streamwood, Volo, and Waukegan (2).
Easy Membership: Pay a one-time, non-refundable $5 fee to our sponsor, the Consumers Cooperative Association, and then deposit and maintain a minimum $5 in your Membership Share/Savings Account.
Consumers Credit Union CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
They currently offer jumbo CD rates from 3-months to 60-months. If you’re interested in making a higher rate than a traditional savings account then make sure to check out Consumers Credit Union’s CDs and their rates listed below.
- Minimum deposit: $250
- Maximum deposit: None listed
- Early withdrawal penalty: The amount of the early withdrawal penalty is 90 days dividends calculated on the principal amount or $25, whichever is greater.
CD Rates Special
|Term||APY Rate||Minimum Deposit|
|11-Month CD Special||2.25%||$250|
|11 Month Jumbo CD Special||2.35%||$100K|
|11 Month Super-Jumbo CD Special||2.45%||$250K|
|22 Month CD Special||2.80%||$250|
|22 Month Jumbo CD Special||2.90%||$100K|
|22 Month Super-Jumbo CD Special||3.00%||$250K|
Consumers Credit Union CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the NCUA up to the maximum allowed by law
Looking for a short term or long term CD? Then look no further as Consumers Credit Union offers you various CD terms from 11 months to 22 months but be sure to take advantage of their current CD Special.
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Consumers Credit Union does have competitive rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
|Sallie Mae||5.00% APY 27-Month CD||Review|
|Sallie Mae||4.85% APY 23-Month CD||Review|
|Blue Federal Credit Union||4.80% APY 15-Month CD||Review|
|Bellco Credit Union||4.75% APY 13-Month CD||Review|
|CIT Bank||4.65% APY 13-Month CD||Review|
|CIT Bank||4.60% APY 18-Month CD||Review|
|Great Lakes Credit Union||4.60% APY 12-Month CD||Review|
|SkyOne Federal Credit Union||4.50% APY 15-Month CD||Review|
|Quontic Bank||4.45% APY 60-Month CD||Review|
|Ponce Bank||4.41% APY 4-Month No-Penalty CD||Review|
|Sallie Mae||4.40% APY 14-Month No-Penalty CD||Review|
|Idabel National Bank||4.35% APY 24-Month CD||Review|
|Discover Bank||4.30% APY 60-Month CD||Review|
|Sallie Mae||4.25% APY 10-Month No-Penalty CD||Review|
|SkyOne Federal Credit Union||4.20% APY 12-Month CD||Review|
|CIT Bank||4.15% APY 6-Month CD||Review|
|CIT Bank||4.10% APY 11-Month No-Penalty CD||Review|
|State Exchange Bank||3.75% APY 13-Month CD||Review|
This is a great opportunity to invest in a high-interest CD from Consumers Credit Union. However, you may want to compare them with our best CD Rates:
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Consumers Credit Union CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.