Washington

Image Courtesy: pixabay.com

You are viewing rates across Kent


Credit Union CD Rates – 3-Year – Kent, Washington 2020

Below are three year CD Rates from credit unions in Kent, Washington. Three years is an intermediate term for CDs and as the term increases the yield will generally go up as well. Three year CDs are a popular component of many CD ladders and usually offer a good tradeoff between yield and how long you must keep the money locked in.

Kent, WA - July 9, 2020

3 Year CD National Average : 0.69% ?

Advertiser Disclosure
Credit Unions APY MIN MILES ?
Sponsored Advertiser Disclosure
Blue Mountain
Restrictions
1.76% $500 7035.17 Learn More
1.50% $1,000 7315.06 Learn More
1.46% $100,000 7265.09 Learn More
Westedge
Restrictions
1.41% $2,000 7313.18 Learn More
Verity
Restrictions
1.40% $75,000 7274.84 Learn More
Cheney
Restrictions
1.36% $500 7042.66 Learn More
Canopy
Restrictions
1.36% $50,000 7041.17 Learn More
1.35% $10,000 6983.75 Learn More
1.31% $1,000 7265.09 Learn More
O Bee
Restrictions
1.31% $500 7278.60 Learn More
Verity
Restrictions
1.30% $1,000 7274.84 Learn More
Canopy
Restrictions
1.26% $5,000 7041.17 Learn More
Global
Restrictions
1.26% $1,000 7041.44 Learn More
Wings Financial
Restrictions
1.26% $100,000 7263.50 Learn More
1.25% $100,000 7283.13 Learn More
Alaska Usa
Restrictions
1.25% $10,000 7270.79 Learn More
Gesa
Restrictions
1.25% $100,000 7084.64 Learn More
Wings Financial
Restrictions
1.21% $10,000 7263.50 Learn More
Red Canoe
Restrictions
1.20% $500 7253.81 Learn More
Our Community
Restrictions
1.15% $1,000 7294.83 Learn More
Fibre
Restrictions
1.10% $500 7253.52 Learn More
Progressions
Restrictions
1.10% $100,000 4812.44 Learn More
Mountaincrest
Restrictions
1.06% $50,000 7276.55 Learn More
Hapo Community
Restrictions
1.05% $100 7084.84 Learn More
Mountaincrest
Restrictions
1.01% $1,000 7276.55 Learn More
1.00% $2,500 7076.66 Learn More
Granco
Restrictions
1.00% $2,500 7130.16 Learn More
Numerica
Restrictions
1.00% $1,000 7030.93 Learn More
Lewis Clark
Restrictions
1.00% $500 6984.16 Learn More
Twinstar
Restrictions
0.98% $500 7275.13 Learn More
Sound
Restrictions
0.96% $100,000 7264.32 Learn More
0.96% $1,000 7268.32 Learn More
0.95% $100,000 7225.65 Learn More
Spokane Teachers
Restrictions
0.95% $10,000 7026.37 Learn More
Progressions
Restrictions
0.95% $10,000 4812.44 Learn More
Sound
Restrictions
0.91% $500 7264.32 Learn More
Great Northwest
Restrictions
0.90% $10,000 7321.29 Learn More
Ohio Catholic
Restrictions
0.85% $100,000 - Learn More
First Technology
Restrictions
0.85% $50,000 7217.18 Learn More
Onpoint Community
Restrictions
0.85% $50,000 6211.77 Learn More
0.85% $10,000 7225.65 Learn More
Qualstar
Restrictions
0.85% $100,000 7261.99 Learn More
Gesa
Restrictions
0.85% $500 7084.64 Learn More
Ohio Catholic
Restrictions
0.80% $25,000 - Learn More
First Technology
Restrictions
0.80% $50,000 7217.18 Learn More
Horizon
Restrictions
0.80% $100,000 7034.44 Learn More
First Technology
Restrictions
0.75% $500 7217.18 Learn More
0.75% $500 7225.94 Learn More
Iq
Restrictions
0.75% $1 7225.83 Learn More
Nw Priority
Restrictions
0.75% $50,000 7220.72 Learn More
0.75% $500 7313.04 Learn More
Harborstone
Restrictions
0.75% $500 7265.67 Learn More
North Coast
Restrictions
0.75% $1,000 7313.96 Learn More
Qualstar
Restrictions
0.75% $1,000 7261.99 Learn More
Snocope
Restrictions
0.75% $500 7276.01 Learn More
First Technology
Restrictions
0.70% $500 7217.18 Learn More
0.65% $500 7294.78 Learn More
Nw Priority
Restrictions
0.65% $500 7220.72 Learn More
Unitus Community
Restrictions
0.65% $500 7216.07 Learn More
Kitsap
Restrictions
0.62% $500 7282.92 Learn More
0.60% $500 7273.88 Learn More
Onpoint Community
Restrictions
0.60% $1,000 6211.77 Learn More
Horizon
Restrictions
0.60% $1,000 7034.44 Learn More
0.55% $25,000 7273.88 Learn More
Northwest Plus
Restrictions
0.55% $100,000 7275.53 Learn More
0.50% $500 7273.88 Learn More
Northwest Plus
Restrictions
0.50% $10,000 7275.53 Learn More
Solarity
Restrictions
0.50% $75,000 7153.23 Learn More
Solarity
Restrictions
0.40% $10,000 7153.23 Learn More
Coulee Dam
Restrictions
0.25% $100,000 7124.22 Learn More
Coulee Dam
Restrictions
0.15% $10,000 7124.22 Learn More
Lower Valley
Restrictions
0.05% $500 7106.81 Learn More
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.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.

Use or Change these Amounts And Rates