Find the latest Spectrum Credit Union CD Rates, Offers, and Promotions here.
Best CD Rates: minimum opening deposit, new money.
Credit Inquiry: Soft Pull
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|
*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
|Compare to the best CDs such as Blue Federal Credit Union 15-Month CD (5.15% APY), First Mid Bank & Trust 9-Month CD (5.10% APY), FVCbank 12-Month No Penalty CD (5.06% APY), CIT Bank 6-Month CD (5.00% APY), and CIT Bank 11-Month No Penalty CD (4.90% 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
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:
- 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
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.
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