About Spectrum Credit Union

Spectrum is a not-for-profit financial institution dedicated to improving the economic conditions of its members. They provide a safe place to save and borrow at competitive rates; are service-oriented and member focused; and provide a broad range of products and services.

Spectrum 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.

Eligibility: Membership in Spectrum Credit Union is open to anyone through joining the Contra Costa County Historical Society ($20 membership fee) or the Navy League of the United States ($25 annual membership fee). Membership is also open to the following: 1) those who live, work, attend school or worship in Russian Hill, Telegraph Hill, North Beach, Potrero Hill, Chinatown, Financial District, Western Addition, Hunters Point, South of Market, The Panhandle, The Mission, Bernal Heights, Bayview, Portola, or Visitacion Valley neighborhoods in San Francisco, California; 2) those who live, work, attend school or worship in Frederick County in Maryland (including Frederick, Emmitsburg, Thurmont, Woodsboro, and other surrounding areas); 3) employees of Charles Schwab & Co. Inc. who work in or are paid from San Francisco, California; 4) non-manual employees of Bechtel Corporation, its wholly-owned subsidiaries, and affiliated companies; 5) U.S. members and employees of Safari Club International or the Project Management Institute; 6) immediate family of current members.
See current membership details

Term	APY Rate	Minimum Deposit
7-Month	4.99%	$5,000
14-Month	5.15%	$5,000

*The rates above are accurate as of 04/04/2023*

Spectrum 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.

With an opening deposit of $5,000, you can invest in a Spectrum 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: $5,000
Maximum deposit: None
Early withdrawal penalty: Withdrawal of dividends prior to maturity will reduce earnings

CD Rates at Spectrum Credit Union

(NCUA Insured)

Compare the best CD rates:
Alliant Credit Union 12-Month Certificate (4.80% APY)	Quontic Bank 6-Month CD (5.10% APY)
Western Alliance Bank 3-Month CD (4.30% APY)	Western Alliance Bank 5-Month CD (4.10% APY)
Ponce Bank 3-Month CD (5.10% APY)	Blue Federal Credit Union 9-Month No Penalty CD (4.25% APY)
SkyOne Federal Credit Union 5-Month CD (4.75% APY)	Sun Canyon Bank 11-Month CD (4.29% APY)
Nelnet Bank 12-Month CD (5.00% APY)	Nelnet Bank 24-Month CD (3.56% APY)
Nelnet Bank 36-Month CD (3.30% APY)	Rising Bank 12-Month CD (4.25% APY)
Rising Bank 6-Month CD (4.50% APY)

Important Details for Spectrum Credit Union

Funding – ACH or Shared Branch transfer.
CO-OP Shared Branch Network – Yes.
Dividends – compounded/credited monthly; dividends can be credited to SCS or paid out by check.
Maturing Funds – Cashier’s check or internal transfer to Share Membership Savings or checking account.
Grace Period – 10 calendar days.
Beneficiaries – Unlimited, equal shares, Social Security numbers required.

Spectrum Credit Union CD Features

Online Banking
Earns Interest at a Competitive Rate
NCUA Insured

Bottom Line

Spectrum Credit Union offers you CD rates up to 5.15% APY rate. All you need to do is to pick your CD term, and have a minimum opening deposit of $5,000 to qualify for this fantastic bonus.

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.

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

This is a great opportunity to invest in a high-interest CD with a low balance from Spectrum 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 Spectrum 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.

bankESB CD Rates: 1.15% APY 7-Month CD (Nationwide)

EmigrantDirect CD Rates: 2.00% APY 6-Month CD (Nationwide)

Founders Federal Credit Union CD Rates: 5.88% APY 36 Month IRA, 5.61% APY 36 Month (SC)