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Credit Union CD Rates – 2-Year – Fort Collins, Colorado 2020

Below are two year Certificates of Deposit (CD) rates from credit unions located in Fort Collins, Colorado. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on credit union and bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

Fort Collins, CO - February 28, 2020

2 Year CD National Average : 1.06% ?

Advertiser Disclosure
Credit Unions APY MIN MILES ?
Sponsored Advertiser Disclosure
Peoples
Restrictions
2.57% $100 6021.85
On Tap
Restrictions
2.30% $500 6216.88
Westerra
Restrictions
2.25% $100,000 6202.07
Blue
Restrictions
2.25% $100,000 6235.25
Colorado
Restrictions
2.20% $100,000 6206.19
2.20% $100,000 6193.51
Aventa
Restrictions
2.17% $500 6170.29
Fitzsimons
Restrictions
2.16% $500 6197.83
Aurora Schools
Restrictions
2.11% $500 6196.25
2.10% $10,000 6193.51
Bellco
Restrictions
2.10% $500 6196.89
Coloramo
Restrictions
2.10% $1,000 6355.78
2.06% $100,000 6204.72
Colorado
Restrictions
2.05% $10,000 6206.19
Pikes Peak
Restrictions
2.05% $500 6185.94
Foothills
Restrictions
2.02% $1,000 6208.89
2.02% $500 6207.17
Power
Restrictions
2.02% $50,000 6142.00
Denver Community
Restrictions
2.01% $100 6204.93
Ent
Restrictions
2.00% $500 6146.27
2.00% $500 6144.51
First Technology
Restrictions
1.95% $50,000 6173.60
1.95% $1,000 6233.92
Partner Colorado
Restrictions
1.95% $500 6210.35
1.92% $500 6141.97
Power
Restrictions
1.91% $500 6142.00
1.90% $100 6206.34
Aurora
Restrictions
1.90% $10,000 6195.84
Air Academy
Restrictions
1.90% $10,000 6170.42
First Technology
Restrictions
1.90% $50,000 6173.60
Unify Financial
Restrictions
1.85% $100,000 6194.35
First Technology
Restrictions
1.85% $500 6173.60
Premier Members
Restrictions
1.85% $100,000 6224.73
1.85% $10,000 6204.72
Northern Colorado
Restrictions
1.82% $10,000 6212.65
Canvas
Restrictions
1.80% $1,000 6196.09
Red Rocks
Restrictions
1.80% $10,000 6199.70
First Technology
Restrictions
1.80% $500 6173.60
1.76% $100,000 6172.45
Premier Members
Restrictions
1.75% $500 6224.73
Sooper
Restrictions
1.75% $500 6206.45
Blue
Restrictions
1.75% $2,000 6235.25
Unify Financial
Restrictions
1.70% $1,000 6194.35
Rio Grande
Restrictions
1.66% $10,000 6355.53
1.66% $10,000 6084.55
Westerra
Restrictions
1.65% $500 6202.07
White Crown
Restrictions
1.65% $10,000 6205.23
1.61% $1,000 6172.45
Premier Members
Restrictions
1.58% $2,500 6224.73
1.56% $2,500 6355.39
1.50% $1,000 6209.62
Security Service
Restrictions
1.50% $100,000 5256.74
Holyoke Community
Restrictions
1.46% $10,000 6104.40
Ohio Catholic
Restrictions
1.45% $100,000 -
Sterling
Restrictions
1.41% $1,000 6149.02
Altra
Restrictions
1.40% $1,000 6138.63
Security Service
Restrictions
1.40% $500 5256.74
Elevations
Restrictions
1.35% $100,000 6224.95
Ohio Catholic
Restrictions
1.35% $25,000 -
1.26% $500 6304.81
Ohio Catholic
Restrictions
1.25% $500 -
Elevations
Restrictions
1.25% $100 6224.95
Nuvista
Restrictions
1.10% $50,000 6304.41
Space Age
Restrictions
1.06% $10,000 6197.25
Delta County
Restrictions
1.00% $2,500 6322.02
Nuvista
Restrictions
1.00% $500 6304.41
0.95% $1,000 6142.96
Guadalupe Parish
Restrictions
0.94% $10,000 6175.02
0.75% $25,000 6216.68
0.70% $500 6354.47
0.65% $10,000 6216.68
0.60% $500 6216.13
Weld Community
Restrictions
0.45% $500 6214.32
Western Rockies
Restrictions
0.40% $1,000 4889.49
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2020

Credit union certificates of deposit (“CDs”, also commonly called “time deposits�t at credit unions) are contract-based and time-based savings vehicles that are offered by credit unions. In return for agreeing to keep your money tied up with the credit union for a given time period, you earn a fixed rate or return that cannot change over the course of that period. Should you need your money before the expiration of the contractual period, the penalties for early withdrawal can be severe. Not all credit unions even offer early withdrawal from CDs; many that do offer it maintain the right to deny it in their fine print. It therefore is important to fully understand the terms of any time-based deposit that you enter with a credit union. Read this article for further detail on early withdrawal penalties. {hyperlink: https://www.bestcashcow.com/articles/can-you-always-withdraw-your-money-early-from-a-cd-9178}

Many Americans enjoy performing their banking transactions with credit unions, citing better rates, non-profit status (owned by its depositors), more helpful employees, and a commitment to the community that is above the level offered by local banks. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions have limited fields of membership, although others are more open ended. Under any circumstance, you must meet the membership requirements in order to become a member and open a CD or time deposit.

Those who are willing to tie up their money for one year will often get a slight premium over the best available savings rates. People who work with credit unions may find that they offer better rates on CDs or time deposits than local banks and online banks. You however should check the local bank rates where you live here and the online rates here.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA-insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Is there any difference between a time deposit offered by a credit union and a CD account offered by a bank?

The difference is mainly one of terminology. But, you should always completely understand the terms of a time deposit or CD before you enter it, paying careful attention to the early withdrawal penalties. A reasonable early withdrawal penalty for a 1-year CD or time deposit is 3 months, and a reasonable early withdrawal penalty for a longer term CD is 6 months.

Does the small amount of interest gained on a time deposit make sense given the fact that I am losing access to my capital (liquidity)?

This is a decision that depends on your own specific circumstances, your needs for cash, and other investments that you may wish to pursue over the period of your time deposit or CD. The premium in a one-year CD is very small, with the premium of longer-term CDs being a little wider. A small difference in compounding interest can make a large difference over long period of time. You may wish to familiarize yourself with our Savings Booster Calculator  {insert hyperlink} in order to understand the importance of compounding interest at higher rates on your money over time.

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