Find the best Workers Credit Union CD Rates, Promotions, and Offers here.
Best CD Rates: 4.60% APY, 24-Month Flex CD, 4.86% APY, 36-Month Flex CD, $500 Minimum. Holiday Dash 16-Month No Penalty CD Special, 4.60% APY, $500 minimum deposit, one penalty-free withdrawal, available through December 31, 2022.
Availability: Nationwide. When opening an account online, simply join Financial Fitness Association Membership and Workers will automatically sign you up and pay for a one-year FFA membership. Continued membership is not required to maintain your Workers Credit Union membership.
Credit Inquiry: Soft Pull
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About Workers Credit Union CD Rates
Workers Credit Union was founded in 1914 by John Suominen, the owner of a successful printing company in Fitchburg. Between 1980 and 2007, Workers CU acquired or merged with 13 other Massachusetts credit union. Currently the fourth largest credit union in Massachusetts, Workers Credit Union has more than 105,000 members and assets in excess of $1.8 billion.
|Eligibility: Headquartered in Fitchburg, Massachusetts, Workers Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, or worship anywhere in Massachusetts eligible to join. If not, join by Charitable Organization: WCU will make a one-time $5 donation on your behalf to United Way of North Central Massachusetts.
See current membership details
Workers 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.
|Term||APY Rate||Minimum Deposit|
|12-Month Flex Rate CD||4.08%||$500|
|16-Month No-Penalty CD||4.60%||$500|
|24-Month Flex Rate CD||4.60%||$500|
|36-Month Flex Rate CD||4.86%||$500|
*The above rates are accurate as of 12/22/2022*
Workers 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.
With as little as $500, you can invest in a Workers Credit Union CD account to maximize your earnings. 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: $500
- Maximum deposit: $250K
- Early withdrawal penalty:
- One penalty-free withdrawal allowed during the term
|Compare to the best CDs such as Sallie Mae Bank 27-Month CD (5.00% APY), Sallie Mae Bank 23-Month CD (4.85% APY), CIT Bank 18-Month CD (4.60% APY), Blue Federal Credit Union 15-Month CD (4.70% APY), Quontic Bank 60-Month CD (4.45% APY), Sallie Mae 14-Month No-Penalty CD (4.40% APY), and CIT Bank 11-Month No-Penalty CD (4.10% APY).|
Important Details for Workers Credit Union
- All deposits are fully insured by a combined insurance coverage of the NCUA, up to $250,000, and the Massachusetts Share Insurance Corporation (MSIC) covers the rest.
- Funding – ACH*, wire ($15 fee), check, mobile check, or internal transfer.
- CO-OP Shared Branch Participant – Yes.
- Dividends – Must remain on deposit in the CD and may not be withdrawn.
- Maturing Funds – Cashier’s check or internal transfer to a WCU Share Savings account.
- Beneficiaries – One beneficiary may be designated and a Social Security number is required.
- Grace Period – 10 calendar days before automatic renewal as a 24-month CD.
Workers 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
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. Take advantage of a low required minimum balance of just $5,000.
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 Workers 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 Workers 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.