The Best CD Rates: Credit Unions Offering 6.00% or Higher on CDs (Certificates)

In today's financial environment, where some traditional bank accounts that still offer discouragingly low CD rates, the credit unions are stepping up their game and offering much higher CD rates. If you've been relying on such low-yield options, it's time to consider switching to one of these credit unions. They offer certificate of deposit (CD) rates that not only exceed 6.00% but also provide an avenue for significant financial growth. Let's delve into the specifics:

Truliant Federal Credit Union

At the forefront, Truliant FCU is offering an astonishing 6.25% rate on its 11-month CD. The minimum deposit requirement is $5,000. Investing $10,000 for one year could yield approximately $625, while $100,000 would fetch around $6,250 in returns. This is an excellent option for those who have a higher initial deposit and are looking for a short-term investment with excellent yields.

Guardian Credit Union

Not far behind, Guardian Credit Union offers a highly competitive 11-month CD special at a 6.17% rate. While the minimum deposit is not specified, this credit union could be an optimal choice if you're looking for rates nearly as good as Truliant. On a $10,000 investment, you could expect an approximate $617 return after one year and about $6,170 on a $100,000 investment.

Connex Credit Union

With a rate of 6.00% on their 11-month CD, Connex is making high returns accessible for most savers with a minimum deposit of just $500. This means you could earn around $600 on a $10,000 investment or about $6,000 on a $100,000 investment within one year.

Five Star Credit Union

Five Star Credit Union also presents an attractive 13-month CD special at a 6.00% rate. With a minimum deposit of just $500, you can expect similar returns to Connex Credit Union: approximately $600 on a $10,000 investment and around $6,000 on a $100,000 investment.

City Credit Union

Another viable option is City Credit Union, which offers a 12-month CD special at a 6.00% rate with a minimum deposit of $1,000. Like Connex and Five Star, you can expect to earn about $600 on a $10,000 investment and around $6,000 on a $100,000 investment.

Complex Community Credit Union

Complex Community offers a shorter 6-month CD with a 6.00% rate, requiring a minimum deposit of $500. With this short-term option, a $10,000 investment will yield approximately $600, and a $100,000 investment will yield around $6,000 in just six months.

Empower Federal Credit Union

Matching Complex Community's rate, Empower Federal Credit Union also offers a 6-month CD at a 6.00% rate. The minimum deposit is also $500, making it an equally attractive short-term investment.

Nuvision Credit Union

Lastly, Nuvision Credit Union offers a 9-month CD special at a 6.00% rate, requiring a $1,000 minimum deposit. On a $10,000 investment, expect a similar return of approximately $600, and around $6,000 on a $100,000 investment.

Conclusion

Each of the credit unions listed above is offering exceptional CD rates, all exceeding 6.00%. Whether you're investing $10,000 or $100,000, your one-year return could range from $600 to $625 and $6,000 to $6,250, respectively. If you're keen on taking advantage of these high rates, don't forget to check the most current updates at MonitorBankRates.com.