Find the latest Parsons Federal Credit Union CD Rates, Offers, and Promotions here.
Best CD Rates: 2-Year certificate, 5.25% APY, $1k min deposit.
Availability: Nationwide, easy membership requirement. You can qualify by joining the American Consumer Council (ACC). There is no cost to join.
Credit Inquiry: Unknown
About Parsons Federal Credit Union
Headquartered in Pasadena, California, anyone can join Parsons Federal Credit Union on the membership application with a valid Social Security number through membership in the American Consumer Council (ACC).
There is no balance cap and accounts are insured up to $500k ($250k from NCUA and additional $250k from American Share Insurance coverage.)
Fixed Rate
| Term | APY Rate | Minimum Deposit |
| 6-Month | 4.75% | $10,000 |
| 1-Year | 4.75% | $1000 |
| 2-Year | 5.25% | $1000 |
| 3-Year | 4.50% | $1,000 |
| 5-Year | 4.00% | $1000 |
| 18-Month IRA | 4.65% | $1000 |
*The above rates are accurate as of 5/4/2023*
Parsons 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 of a term, the higher APY rate you make.
Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
- Minimum deposit: $1,000
- Maximum deposit: None
- Early withdrawal penalty:
- 90 days’ interest if the qualifying period is one year or less.
- 180 days’ interest if the qualifying period is greater than one year.
(NCUA Insured)
| Alliant Credit Union 12-Month Certificate (4.30% APY) | Quontic Bank CD (Up to 4.25% APY) |
| Western Alliance Bank 3-Month CD (4.50% APY) | Western Alliance Bank 12-Month CD (4.25% APY) |
| Ponce Bank 3-Month CD (4.52% APY) | Blue Federal Credit Union 9-Month No Penalty CD (3.75% APY) |
| Rising Bank 6-Month CD (4.35% APY) | Rising Bank 12-Month CD (4.25% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | Ponce Bank 4-Month No-Penalty CD (4.20% APY) |
Parsons Federal Credit Union CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the NCUA up to the maximum allowed by law
 |
 |
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.
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always 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 from Parsons Federal 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
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 Parsons 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.