Top Credit Union CD Rates for This Month — Earn Up to 6.00%
Credit unions often have lower fees and higher interest rates than regular banks because they are nonprofit and member-driven. If you’re looking for the best CD rates, here are some top credit union CD rates for June 2024.
**Best Credit Union CD Rates for June 2024**
**CREDIT UNION | APY | TERMS | MINIMUM DEPOSIT**
– Alpena Alcona Area Credit Union | 5.10% | 12 months | $500
– RadiFi Credit Union | 4.80% | 11 months | $500
– American Eagle Financial Credit Union | 3.75% | 6 months | $500
– Connexus Credit Union | 4.96% | 12 months | $100,000
– Local Government Federal Credit Union | 5.25% | 18 months | $250
– First Commonwealth Federal Credit Union | 4.75% | 10 months | $500
– America First Credit Union | 5.15% | 12 to 17 months | $500
– Alliant Credit Union | 5.05% | 12 months | $1,000
– Financial Partners Credit Union | 6.00% | 8 months | $1,000
Always read the fine print to understand early withdrawal fees or penalties and promotional annual percentage yields. Generally, longer-term CDs offer higher rates, but that’s not always the case. Be on the lookout for special offers on 12-month CDs, which can sometimes have better rates than longer-term CDs.
Here’s a closer look at some of these credit unions and their offers:
**Alpena Alcona Area Credit Union**
This credit union offers a 5.10% APY on a 12-month certificate with a $500 minimum deposit. Membership is open to almost anyone in Michigan and their immediate family members.
**RadiFi Credit Union**
RadiFi offers an 11-month certificate with a 4.80% APY and a $500 minimum deposit, but the deposit must be new money. You can join if you live, work, worship, or attend school in certain counties in northeast Florida.
**American Eagle Financial Credit Union**
They offer a six-month certificate at 3.75% APY with a $500 minimum deposit. Membership is open to residents of certain counties in Connecticut and Massachusetts.
**Connexus Credit Union**
Connexus provides a 4.96% APY on a 12-month jumbo certificate with a $100,000 minimum deposit. A regular 12-month certificate with a $5,000 minimum deposit offers a 4.91% APY. Membership is open to residents of specific Midwest counties or by making a $5 donation to the Connexus Association.
**Local Government Federal Credit Union**
LGFCU offers an 18-month certificate with a 5.25% APY and a $250 minimum deposit. Membership is available to North Carolina local government employees, volunteers, and their families.
**First Commonwealth Federal Credit Union**
This credit union offers a 10-month certificate with a 4.75% APY and a $500 minimum deposit. They also have a five-month certificate with a 5.00% APY. Membership is open to residents of certain areas in Pennsylvania and New Jersey, or through employer partners and their families.