Top Credit Unions Offering the Best 5-Year Certificate of Deposit Rates

Discover the top credit unions offering the highest 5-year CD rates, combining stability and attractive yields. These institutions boast strong asset quality, sound capitalization, and reliable safety, making them excellent choices for long-term savers seeking competitive interest rates. The article highlights key institutions like CommunityWide Federal, Mountain America, Connexus, and the U.S. Senate Credit Union, emphasizing their financial strength and security features, perfect for those looking to maximize their 5-year investment returns.

Leading Credit Unions with the Highest 5-Year CD Rates

A 5-year certificate of deposit (CD) is often the longest-term savings option available at many financial institutions. These investments typically offer higher interest rates to compensate for the extended commitment from depositors. Investors favor 5-year CDs to secure attractive yields and protect their savings against interest rate fluctuations, especially as rates start to climb following recent declines caused by economic downturns.

Below are some credit unions with competitive 5-year CD offerings:

CommunityWide Federal Credit Union
Established in 1967, CommunityWide Federal Credit Union has assets totaling approximately $410.9 million as of the end of 2017. With around 77 employees, the credit union holds $362.6 million in loans and leases and has 47,332 members invested in shares worth $281.3 million. Known for stability and safety, it maintains a strong capital ratio of 24%, indicating resilience and security for its members.

Mountain America Credit Union
Founded in 1936 and based in West Jordan, Utah, Mountain America manages over $7.09 billion in assets as of December 2017. With nearly 1,686 staff members, the institution controls loans and leases totaling $6.13 billion. Despite a slightly lower capital ratio of 10%, its excellent asset quality makes it a secure choice for savers seeking competitive 5-year CD rates.

Connexus Credit Union
Wausau, Wisconsin-based Connexus, established in 1935, holds assets of $1.69 billion at the end of 2017. Home to 255 employees, it manages loans amounting to $1.05 billion and has 305,795 members with shares worth $1.34 billion. Although its capital ratio is 12%, the credit union boasts impressive asset quality, ensuring safety and reliability for depositors.

United States Senate Credit Union
Founded in 1935 and located in Alexandria, VA, this credit union has assets of $673.8 million as of the end of 2017. With 106 full-time staff, it oversees loans of $516.2 million and serves 34,809 members holding $589.1 million in shares. Its commendable asset quality and capitalization ratio of 14% highlight its stability and soundness as a secure savings option.

The data compiled here is based on research, available information, and expert opinions. Due to fluctuating economic conditions, interest rates and credit union offerings may change. We recommend consulting a financial professional before making any investment decisions, as this information may not reflect current market conditions or individual circumstances.