Find the latest Service Credit Union CD Rates, Offers, and Promotions here.
Best CD Rates: 60-month Share Certificates, 3.50% APY, $500 minimum deposit; 24-month Share Certificates, 3.00% APY, $500 minimum deposit; 15-month Share Certificates, 2.00% APY, $500 minimum deposit.
Availability: Nationwide, Easy membership requirement
Membership Requirement: Current/former members of U.S. Military or Department of Defense and their family now includes all U.S. citizens/resident aliens with a valid Social Security number. More Details here.
Other ways to qualify for Service Credit Union membership including:
- Members of the American Consumer Council (ACC). Visit the ACC online, click “join now” and use promo code “Service” to join free of charge.
- Members of the Financial Fitness Association (FFA). Once you join the FFA, a confirmation email will come directly to you with all of your login credentials.
About Service Credit Union
Established in 1957, Service Credit Union was founded as Portsmouth Air Force Base Federal Credit Union to assist military personnel and their families. Since then, SCU has grown to over $3.4 billion in assets and now serves those living or working in the state of New Hampshire or the Falmouth, MA area and their families.
They have more than 750 employees and provide financial services at 50 walk-in locations throughout New Hampshire and Massachusetts as well as being available to qualified residents nationwide.
Term | APY Rate | Minimum Deposit |
15-Month | 2.00% | $500 |
24-Month | 3.00% | $500 |
60-Month | 3.50% | $500 |
*The above rates are accurate as of 08/19/2022*
Service 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 the term, the higher APY rate you make.
They currently offer standard CD rates from 15-month to 60-month CD Term. If you’re interested in making a higher rate than a traditional savings account then make sure to check out these rates listed below.
Service Credit Union accounts can be funded by funds from a U.S. bank account (ACH or wire) or a credit/debit card. Readers have reported that the credit card funding limit is $249. Maturing funds can be distributed via cashier’s check, ACH, wire transfer, or transferred to a SCU checking/savings account.
- Minimum deposit: $500
- Maximum deposit: no stated balance cap
- Early withdrawal penalty: 365 days of dividends on two years or more term.
(NCUA Insured)
Alliant Credit Union 12-Month Certificate (5.35% APY) | Technology Credit Union 5-Month No-Penalty CD (5.25% APY) |
Western Alliance Bank 3-Month CD (5.31% APY) | Rising Bank 6-Month CD (5.25% APY) |
Quontic Bank 12-Month CD (5.30% APY) | Lemmata Savings Bank 9-Month CD (5.05% APY) |
SkyOne Federal Credit Union 5-Month CD (5.20% APY) | Blue Federal Credit Union 9-Month No Penalty CD (5.10% APY) |
Sun Canyon Bank 5-Month CD (5.15% APY) | Sun Canyon Bank 11-Month CD (5.10% APY) |
Nelnet Bank 12-Month CD (4.86% APY) | Nelnet Bank 24-Month CD (4.27% APY) |
Ponce Bank 3-Month CD (5.25% APY) |
Service Credit Union CD Features
- No hidden or maintenance fees
- Competitive high interest rates
- Low minimum opening deposit
- Federally insured by NCUA
Bottom Line
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. If you are interested, take advantage of a low required minimum opening deposit of just $1,000.
The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Service Credit Union does have decent rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
This is a great opportunity to invest in a high-interest CD from Service Credit Union. However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 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 Service 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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