Find the latest Department of Commerce Federal Credit Union CD Rates, Offers, and Promotions here.

Update 5/14/24: There is now a new link to access the rates. Rates have overall decreased – we recommend CDs from Rising Bank, Banc of California, or Western Alliance Bank for better rates.

Best CD Rates: 5.02% APY 12 to 23-Month, $500 minimum.

Availability: Nationwide.

Easy Membership Requirement: For all U.S. citizens and residents aliens (regardless of where they live) by joining the American Consumer Council (ACC).

Credit Inquiry: Soft Pull

Table of Contents

About Department of Commerce Federal Credit Union

Department Of Commerce Federal Credit Union is headquartered in Washington, District of Columbia and was founded in 1964. Since then they have grown to 3 locations and they boast an A health rating.

Department of Commerce Federal Credit Union offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you. You can fund your account via ACH, wire, internal transfer, or CO-OP Shared Branch transfer. The account ownership can be individual, joint, or trust.

Eligibility: Join the ACC for nationwide. Membership in Department Of Commerce Federal Credit Union is open to residents of Delaware, Maryland, Pennsylvania, Virginia, and West Virginia through membership in the Maryland Consumer Council. Individuals who live, work, worship, or attend school in Washington D.C. qualify for membership, as do the employees of the U.S. Department of Commerce, NOAA, or affiliates.
See current membership details

Term	APY Rate	Minimum Deposit
6-11 Month	4.87%	$500
12-23 Month	4.76%	$500
24-35 Month	4.50%	$500
36-47 Month	4.50%	$500
48-59 Month	4.35%	$500
60-84 Month	4.34%	$500

*The above rates are accurate as of 5/14/2024*

**Open an account with a minimum deposit of $25,000 and receive an additional 0.10% added to your rate.

Department of Commerce Federal 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 a term, the higher APY rate you make. The interest is compounded and credited monthly which can be transferred to a DOCFCU savings or checking account.

With varying opening deposits, you can invest in a Department of Commerce Federal Credit Union CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Be sure to also check out the CD rates below to potentially find even better rates for you!

Minimum deposit: $500
Maximum deposit: None
Early withdrawal penalty: Withdrawal of dividends prior to maturity will reduce earnings

CD Rates at Department of Commerce Federal Credit Union

(NCUA Insured)

Compare the best CD rates:
Western Alliance Bank 3-Month CD (4.50% APY)	Western Alliance Bank 12-Month CD (4.25% APY)
Ponce Bank 3-Month CD (4.25% APY)	Blue Federal Credit Union 9-Month No Penalty CD (3.75% APY)
Sun Canyon Bank 11-Month CD (3.98% APY)	Ponce Bank 4-Month No-Penalty CD (4.15% APY)
Quontic Bank CD (Up to 4.25% APY)

Department of Commerce Federal Credit Union CD Features

No monthly service fee
Unlimited number of beneficiaries
Competitive rates and a variety of term options available
Dividends you earn can be applied directly to the CD, or transferred to your savings or checking account
Relationship reward benefits of up to an Additional 0.25% APY!
Open with $25,000 or more and earn an Additional 0.10% APY!
Insured by the NCUA up to $250,000 per depositor for all accounts
10-day grace period to renew or close
Online account access

Bottom Line

Department of Commerce Federal Credit Union offers you competitive rates to grow your savings. All you need to do is to pick your CD term, and have a minimum opening deposit of $500 to qualify for this fantastic bonus. You can have your matured funds back into Cashier’s check or transfer into a DOCFCU savings or checking account. They will give you 10 calendar days grace before automatic renewal.

*While Department of Commerce Federal Credit Union does have competitive rates compared to traditional banks, I still recommend you take a look at Discover Bank Promotions here

This is ideal for accounts like Certificate of Deposits. Though the rates are worth checking out, be sure to still compare them with the nation’s best using our guides: CD Rates | Savings Rates.

This is a great opportunity to invest in a high-interest CD with a low balance from Department of Commerce Federal Credit Union. However, you may want to compare them with our best CD Rates:

Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest Department of Commerce Federal 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.