Find the latest Latino Credit Union CD Rates, Offers, and Promotions here.
Best CD Rates: Jumbo CDs, $200k minimum deposit – 12-month (5.55% APY), 18-month (5.30% APY), 6-month (5.50% APY)
Availability: Nationwide. Easy membership requirement.
Credit Inquiry: Soft Pull
About Latino Credit Union
Latino Credit Union is headquartered in Durham and is the 12th largest credit union in the state of North Carolina. It was established in 2000 as a response to a wave of robberies and muggings of Latino immigrants in Durham, North Carolina. Since then, it has become a national model for credit unions and community development financial institutions seeking to serve unbanked individuals and immigrant communities.
They currently have around 77,000 members at 12 locations. However membership is open to people nationwide through their membership eligibility requirements below.
| Eligibility: Membership in Latino Credit Union is open to anyone by joining the Latino Community Development Center ($10 family membership fee). See current membership details |
Latino 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, or internal transfer. Your account ownership can be individual, joint, or trust.
$200K Jumbo Certificates
| Term | APY Rate | Minimum Deposit |
| 6-Month | 5.50% | $200,000 |
| 12-Month | 5.55% | $200,000 |
| 18-Month | 5.30% | $200,000 |
| 24-Month | 5.10% | $200,000 |
| 36-Month | 4.55% | $200,000 |
| 48-Month | 3.75% | $200,000 |
| 60-Month | 3.75% | $200,000 |
*The above rates are accurate as of 12/28/2023*
Latino 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 don’t have have a CO-OP Shared Branch Network and the interest is paid monthly by automatic transfer from the STC into an account of your choice at LCCU.
With only a opening deposit of $500, you can invest in a University Federal Credit Union CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Once your funds have matured, you can wire or get a cashier’s check. They can also transfer your fund to an LCCU savings/checking account.
- Minimum deposit: $500 or $200,000 for Jumbo
- Maximum deposit: None
- Early withdrawal penalty:
- Certificates of 6, 12, or 18 months cancelled early are charged a penalty
of 90 days of interest or all interest accrued or earned, whichever is less. - Certificates of 24 months or more cancelled early are charged a penalty
of 180 days of interest or all interest accrued or earned, whichever is less.
- Certificates of 6, 12, or 18 months cancelled early are charged a penalty
(NCUA Insured)
| Alliant Credit Union 12-Month Certificate (4.15% APY) | Quontic Bank CD (Up to 4.25% APY) |
| Western Alliance Bank 3-Month CD (4.05% APY) | Western Alliance Bank 5-Month CD (3.85% APY) |
| Ponce Bank 3-Month CD (4.40% APY) | Blue Federal Credit Union 9-Month No Penalty CD (4.00% APY) |
| Rising Bank 6-Month CD (4.65% APY) | Rising Bank 12-Month CD (4.30% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | |
CD Features
- Above average interest rates
- Fixed rates depending on term: 6, 12, 18, 24, 36, 48 or 60 months
- Option to receive e-statements
- Your money is safe and federally insured up to $250,000 by NCUA
- Access your account online and do much more with our electronic services
Bottom Line
This is a great opportunity to invest in a high-interest CD from Latino Credit Union. With several different time slots and different account options, you are sure to find a length and rate that fits your needs. Remember there is a grace period of 7 calendar days before automatic renewal. All Social Security numbers are needed for all beneficiaries.
The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Latino Credit Union does have competitive rates compared to traditional banks, I recommend you compare their offers with other banks such as Discover Bank Promotions below
| Rising Bank | 4.65% APY 6-Month CD | Review |
| Consumers Credit Union | 4.50% APY 9-Month Certificate | Review |
| Service Credit Union | 4.50% APY 6-Month CD | Review |
| Ponce Bank | 4.40% APY 3-Month High Yield CD | Review |
| Live Oak Bank | 4.30% APY 12-Month CD | Review |
| Quontic Bank | Up to 4.25% APY CD | Review |
| Live Oak Bank | 4.30% APY 12-Month Business CD | Review |
| Rising Bank | 4.30% APY 12-Month CD | Review |
| Ponce Bank | 4.20% APY 4-Month No-Penalty CD | Review |
| Alliant Credit Union | 4.15% APY 12-Month Certificate | Review |
| Discover Bank | 4.10% APY 12-Month CD | Review |
| First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
| Western Alliance Bank | 4.05% APY 3-Month CD | Review |
| Sallie Mae | 4.00% APY 14-Month CD | Review |
| Blue Federal Credit Union | 4.00% APY 9-Month No Penalty CD | Review |
| Sun Canyon Bank | 3.98% APY 11-Month CD | Review |
| Sallie Mae | 3.95% APY 10-Month CD | Review |
| Western Alliance Bank | 3.85% APY 5-Month CD | Review |
| GreenState Credit Union | 3.80% APY 10-Month CD | Review |
| Blue Federal Credit Union | 3.75% APY 15-Month CD | Review |
| Western Alliance Bank | 3.75% APY 6-Month CD | Review |
| CIT Bank | 3.50% APY 13-Month CD | Review |
| CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
| Southwestern National Bank | 3.40% APY 8-Month CD | Review |
| Western Alliance Bank | 3.00% APY 12-Month CD | Review |
| First Financial Northwest Bank | 3.00% APY 12-Month CD | Review |
| Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
| CIT Bank | 3.00% APY 6-Month CD | Review |
| CIT Bank | 3.00% APY 18-Month CD | Review |
If you are looking for a great CD account, I’d recommend to keep looking and compile a list of the best offers for you so you can narrow down the best account for you. We have listed out the best rates found nationwide at the links below, so click there to get started!
- 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
- No Penalty 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 Latino 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.
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