Best Credit Union 6 Month CD Rates in Shorewood, Illinois, IL

You are viewing rates from credit unions across Shorewood

Below are the best six month CD Rates from credit unions in Shorewood, Illinois. Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Shorewood, IL - July 16, 2025

6 Month CD National Average : 0.41% ^?

Credit Unions	APY	MIN	MILES ^?
Alliant Acu Headquarters Branch Restrictions	4.10%	$1,000	-	Learn More
Rate History: 5.00% → 4.75% → 4.00% → 4.10%
Gaius Gracchus \| Mar 22, 2024 Their CD rates are reasonable and their Visa rewards is very good at 2.5% on all purchases up to 10K/month. Their customer service is polite and helpful. However, their IT department must need some serio... Read More Reviews (5)
First Community Fairview Heights Branch Restrictions	4.00%	$500	-	Learn More Add Review
Northrop Grumman Rolling Meadows Branch Restrictions	3.66% 3.55%	$40,000 $2,500	-	Learn More Add Review
Rate History: 4.02% → 3.83% → 3.86% → 3.81% → 3.66%
Citizens Equity First Bloomington Empire Member Center Branch Restrictions	3.56% 3.51%	$100,000 $1,000	-	Learn More Add Review
Rate History: 4.55% → 4.80% → 4.55% → 4.05% → 3.56%
Corporate America Family Administrative Office Branch Restrictions	3.30% 3.25%	$10,000 $1,000	-	Learn More Add Review
Baxter Crystal Lake Branch Restrictions	1.60%	$500	-	Learn More Add Review
Rate History: 2.10% → 1.85% → 1.75% → 4.25% → 1.60%
1st Gateway Fulton Branch Restrictions	0.90%	$1,000	-	Learn More Add Review
I. H. Mississippi Valley Corporate Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
Cooperative Choice Network University Branch Restrictions	0.75%	$500	-	Learn More Add Review
Chicago Firefighter's Chicago Firefighters Cu Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Parda Parda Federal Credit Union Branch Restrictions	0.65%	$10,000	-	Learn More
Renee G \| Mar 3, 2021 I have had a few on line issues over the past 2 days one gets corrected to have another creep up. I have talked to Nicole lots of times over the past few years, Tiffany yesterday and Yvette today. All 3 ... Read More Reviews (1)
Ascentra Moline Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
R.i.a. 2 Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Prairieland 416 Kays Drive Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
Tech Calumet City Branch Restrictions	0.55%	$100,000	-	Learn More Add Review
Iaa Iaa Credit Union Main Branch Restrictions	0.55%	$100,000	-	Learn More Add Review
Andigo Deer Park, Il Branch Restrictions	0.55%	$100,000	-	Learn More Add Review
Polish & Slavic Mt. Prospect Branch Restrictions	0.55%	$500	-	Learn More Add Review
Ascentra Moline Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Service Plus Main Office Branch	0.50%	$10,000	-	Learn More Add Review
Gas And Electric Main Office Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Numark Main Branch Restrictions	0.50%	$1,000	-	Learn More Add Review
Selfreliance Selfreliance Ukrainian American Fcu Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Healthcare Associates Naperville Branch Restrictions	0.50%	$100,000	-	Learn More Add Review
Gateway Metro Swansea Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Chicago Patrolmen's Corporate Office Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Acme Continental Riverdale Office Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Illinois State Isu Credit Union Branch Restrictions	0.46%	$10,000	-	Learn More Add Review
Land Of Lincoln Mound Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Iaa Iaa Credit Union Main Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Prairieland 416 Kays Drive Branch Restrictions	0.45%	$1,000	-	Learn More Add Review
Consumers Cooperative Waukegan Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Streator Onized Streator Onized Credit Union Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Andigo Deer Park, Il Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Staley Corporate Office Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Scott Collinsville Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Maroon Financial Main Office Branch	0.45%	$10,000	-	Learn More Add Review
Streator Community Streator Community Credit Union Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Community Plus Main Branch	0.40%	$10,000	-	Learn More Add Review
Vantage East St Louis Branch Restrictions	0.40%	$100,000	-	Learn More
FJM \| Jun 14, 2023 The employees and managers at Vantage act as if the pandemic is over. NO ONE wears a mask. I am medically vulnerable with a chronic lung condition and asked the employee dealing with me if he would put on ... Read More Reviews (1)
First Northern 01 - Monroe Branch Restrictions	0.40%	$100,000	-	Learn More Add Review
I. H. Mississippi Valley Corporate Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Illiana Financial Calumet City Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Xceed Financial Xceed Financial Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Abri Corporate Office Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Healthcare Associates Naperville Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Adm Adm Credit Union Branch	0.40%	$10,000	-	Learn More Add Review
Blackhawk Area Bacu Savanna Main Office Branch Restrictions	0.40%	$500	-	Learn More Add Review
Heartland S. Grand Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
New Century Springfield Ave Office Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Midwest Coalition Of Labor Countryside Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Metro Main Office Branch	0.40%	$100,000	-	Learn More Add Review
Gcs Maryvillebranch Restrictions	0.35%	$10,000	-	Learn More
Ron Frauenfelder \| Jul 11, 2022 I had the good fortune to speak with Sara S., when I contacted the call center. She immediately took ownership of my request. She was very personable and professional. It was quite apparent to me that Sar... Read More Reviews (2)
Ottawa Hiway Ottawa Hiway Credit Union Branch	0.35%	$10,000	-	Learn More Add Review
Dupaco Community Galena Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
1st Midamerica East Alton Office Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Rockford Bell Perryville Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Credit Union 1 Credit Union 1 Branch	0.35%	$10,000	-	Learn More Add Review
Siu Corporate Office Branch Restrictions	0.35%	$100,000	-	Learn More Add Review
Landmark Westville Facility Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Mid-illini Mid Illini Credit Union Branch	0.32%	$100,000	-	Learn More Add Review
Land Of Lincoln Mound Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Mid-illini Mid Illini Credit Union Branch	0.30%	$10,000	-	Learn More Add Review
First Northern 01 - Monroe Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Vibrant Vibrant Community Credit Union Branch Restrictions	0.30%	$10,000	-	Learn More
donnasspicer \| Apr 24, 2023 No they don’t have deposit as a function. Read More Reviews (2)
United Community United Community Credit Union Branch Restrictions	0.30%	$1,000	-	Learn More Add Review
Gale Main - Gale Credit Union Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Financial Plus Branch 1 Ottawa Restrictions	0.30%	$10,000	-	Learn More Add Review
Siu Corporate Office Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Catholic & Community East Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Tech Calumet City Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Metro Main Office Branch	0.30%	$10,000	-	Learn More Add Review
Central Illinois Central Illinois Credit Union Branch	0.27%	$10,000	-	Learn More Add Review
University Of Illinois Community First Street Office Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Cornerstone Cornerstone Credit Union Branch Restrictions	0.25%	$100,000	-	Learn More Add Review
Scott Collinsville Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Elite Community Main - 515 S Main St Branch	0.25%	$10,000	-	Learn More Add Review
Fieldstone Fieldstone Credit Union Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
The Family Silvis Branch Restrictions	0.25%	$500	-	Learn More Add Review
United Main Office Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Archer Heights Archer Heights Credit Union Branch	0.25%	$100,000	-	Learn More Add Review
Planites Planites Credit Union Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Kemba Peoria Kemba Peoria Credit Union Branch	0.20%	$10,000	-	Learn More Add Review
Community Trust Ctcu Gurnee Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Staley Corporate Office Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Eaton Family Eaton Family Credit Union Lincoln Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Commonwealth Commonwealth Credit Union Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Earthmover Bl Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Midwest America Mattoon Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Arsenal Arsenal Credit Union-st Clair County Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Central Credit Union Of Illinois Bellwood Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Archer Heights Archer Heights Credit Union Branch	0.20%	$10,000	-	Learn More Add Review
Redbrand Main Office Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Vantage East St Louis Branch Restrictions	0.15%	$10,000	-	Learn More
FJM \| Jun 14, 2023 The employees and managers at Vantage act as if the pandemic is over. NO ONE wears a mask. I am medically vulnerable with a chronic lung condition and asked the employee dealing with me if he would put on ... Read More Reviews (1)
Cornerstone Cornerstone Credit Union Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Genfed Financial Mt Vernon Office Branch	0.15%	$10,000	-	Learn More Add Review
Membersalliance Alpine Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Illinois Community Sycamore Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
South Division Main Office Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Self-help Little Village Branch Restrictions	0.15%	$500	-	Learn More
northcape5 \| Sep 27, 2016 why have you not updated your rates Read More Reviews (1)
First Community Cu Of Beloit Rockford Branch Restrictions	0.10%	$10,000	-	Learn More Add Review
Advia Rockton Branch Restrictions	0.10%	$10,000	-	Learn More
justjan711 \| Dec 9, 2018 I have been a member of this credit union for more than 40 years. Over time it has had many changes but the worst one they did was to hire the man that is the manager of the Cranston Road Branch. He is c... Read More Reviews (2)
Heritage Branch - Galesburg Il Restrictions	0.10%	$10,000	-	Learn More Add Review
Kane County Teachers Elgin Branch Restrictions	0.10%	$10,000	-	Learn More Add Review
Kaskaskia Valley Main Office Branch	0.10%	$10,000	-	Learn More Add Review
Members First" Community" Main Branch	0.05%	$10,000	-	Learn More Add Review
Dupage Operations Center Branch Restrictions	0.05%	$10,000	-	Learn More Add Review
Edu Restrictions	0.01%	$500	-	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around zip 10116

Branch	Street	City	State
ALLIANT Acu Headquarters Acu Headquarters Branch	11545 W Touhy Ave	Chicago	IL
FIRST COMMUNITY Fairview Heights Fairview Heights Branch	801 Lincoln Hwy	Fairview Heights	IL
NORTHROP GRUMMAN Rolling Meadows Rolling Meadows Branch	600 Hicks Rd	Rolling Meadows	IL
CITIZENS EQUITY FIRST Bloomington Empire Member Center Bloomington Empire Member Center Branch	2323 E Empire St	Bloomington	IL
NORTHROP GRUMMAN Rolling Meadows Rolling Meadows Branch	600 Hicks Rd	Rolling Meadows	IL
CITIZENS EQUITY FIRST Bloomington Empire Member Center Bloomington Empire Member Center Branch	2323 E Empire St	Bloomington	IL
CORPORATE AMERICA FAMILY Administrative Office Administrative Office Branch	2075 Big Timber Rd	Elgin	IL
CORPORATE AMERICA FAMILY Administrative Office Administrative Office Branch	2075 Big Timber Rd	Elgin	IL
BAXTER Crystal Lake Crystal Lake Branch	415 S Main St	Crystal Lake	IL
1ST GATEWAY Fulton Fulton Branch	415 10th Ave	Fulton	IL
I. H. MISSISSIPPI VALLEY Corporate Corporate Branch	2121 47th St	Moline	IL
COOPERATIVE CHOICE NETWORK University University Branch	3919 N University St	Peoria	IL
CHICAGO FIREFIGHTER'S Chicago Firefighters Cu Chicago Firefighters Cu Branch	6230 S Central Ave	Chicago	IL
PARDA Parda Federal Credit Union Parda Federal Credit Union Branch	5500 Forest Hills Rd	Loves Park	IL
ASCENTRA Moline Moline Branch	3005 7th St	Moline	IL
R.I.A. 2 2 Branch	103 3rd St	Savanna	IL
PRAIRIELAND 416 Kays Drive 416 Kays Drive Branch	416 kays dr	normal	IL
TECH Calumet City Branch Calumet City Branch	1011 River Oaks Dr	Calumet City	IL
IAA Iaa Credit Union Main Branch Iaa Credit Union Main Branch	808 Iaa Dr	Bloomington	IL
ANDIGO Deer Park, Il Deer Park, Il Branch	21440 W Lake Cook Rd	Deer Park	IL
POLISH & SLAVIC Mt. Prospect Branch Mt. Prospect Branch	1044 Mount Prospect Plz	Mount Prospect	IL
ASCENTRA Moline Moline Branch	3005 7th St	Moline	IL
SERVICE PLUS Main Office Main Office Branch	2110 53rd St	Moline	IL
GAS AND ELECTRIC Main Office Main Office Branch	2300 4TH AVE	ROCK ISLAND	IL
NUMARK Main Main Branch	1654 Terry Dr	Joliet	IL
SELFRELIANCE Selfreliance Ukrainian American Fcu Selfreliance Ukrainian American Fcu Branch	2332 W Chicago Ave	Chicago	IL
HEALTHCARE ASSOCIATES Naperville Branch Naperville Branch	1151 E Warrenville Rd	Naperville	IL
GATEWAY METRO Swansea Swansea Branch	2693 N Illinois St	Swansea	IL
NATIONAL POLICE Corporate Office Corporate Office Branch	1407 W Washington Blvd	Chicago	IL
ACME CONTINENTAL Riverdale Office Riverdale Office Branch	13601 S Perry Ave	Riverdale	IL
ILLINOIS STATE Isu Credit Union Isu Credit Union Branch	1309 S Center St	Normal	IL
LAND OF LINCOLN Mound Mound Branch	3130 E Mound Rd	Decatur	IL
IAA Iaa Credit Union Main Branch Iaa Credit Union Main Branch	808 Iaa Dr	Bloomington	IL
PRAIRIELAND 416 Kays Drive 416 Kays Drive Branch	416 kays dr	normal	IL
CONSUMERS Waukegan Waukegan Branch	2750 Washington St	Waukegan	IL
STREATOR ONIZED Streator Onized Credit Union Streator Onized Credit Union Branch	912 N Shabbona St	Streator	IL
ANDIGO Deer Park, Il Deer Park, Il Branch	21440 W Lake Cook Rd	Deer Park	IL
STALEY Corporate Office Corporate Office Branch	3330 N Woodford St	Decatur	IL
SCOTT Collinsville Branch Collinsville Branch	1100 Belt Line Rd	Collinsville	IL
MAROON FINANCIAL Main Office Main Office Branch	5525C S Ellis Ave	Chicago	IL
STREATOR COMMUNITY Streator Community Credit Union Streator Community Credit Union Branch	302 N Park St	Streator	IL
COMMUNITY PLUS Main Branch Main Branch	526 E Champaign Ave	Rantoul	IL
VANTAGE East St Louis East St Louis Branch	13 Collinsville Ave	East Saint Louis	IL
FIRST NORTHERN 01 - Monroe 01 - Monroe Branch	230 W Monroe St	Chicago	IL
I. H. MISSISSIPPI VALLEY Corporate Corporate Branch	2121 47th St	Moline	IL
ILLIANA FINANCIAL Calumet City Calumet City Branch	1600 Huntington Dr	Calumet City	IL
XCEED FINANCIAL Xceed Financial Xceed Financial Branch	263 Shuman Blvd. Suite 1W500	Naperville	IL
ABRI Corporate Office Corporate Office Branch	1350 Renwick Rd	Romeoville	IL
HEALTHCARE ASSOCIATES Naperville Branch Naperville Branch	1151 E Warrenville Rd	Naperville	IL
ADM Adm Credit Union Adm Credit Union Branch	3735 E William Street Rd	Decatur	IL
BLACKHAWK AREA Bacu Savanna Main Office Bacu Savanna Main Office Branch	214 Main St	Savanna	IL
HEARTLAND S. Grand S. Grand Branch	720 S Grand Ave W	Springfield	IL
NEW CENTURY Springfield Ave Office Springfield Ave Office Branch	291 Springfield Ave	Joliet	IL
MIDWEST COALITION OF LABOR Countryside Countryside Branch	6240 Joliet Rd	Countryside	IL
METRO Main Office Main Office Branch	2440 E Rand Rd	Arlington Heights	IL
REVITY Maryvillebranch Maryvillebranch	3970 Maryville Rd	Granite City	IL
OTTAWA HIWAY Ottawa Hiway Credit Union Ottawa Hiway Credit Union Branch	819 Depot Ave	Dixon	IL
DUPACO COMMUNITY Galena Galena Branch	11375 Oldenburg Ln	Galena	IL
1ST MIDAMERICA East Alton Office East Alton Office Branch	419 N Shamrock St	East Alton	IL
ROCKFORD BELL Perryville Perryville Branch	4225 N Perryville Rd	LOVES PARK	IL
CREDIT UNION 1 Credit Union 1 Credit Union 1 Branch	450 E 22nd St Ste 250	Lombard	IL
SIU Corporate Office Corporate Office Branch	395 N Giant City Rd	Carbondale	IL
LANDMARK Westville Facility Westville Facility Branch	220 S State St	Westville	IL
THE CREDIT UNION FOR ALL Mid Illini Credit Union Mid Illini Credit Union Branch	1811 Eastland Dr	Bloomington	IL
LAND OF LINCOLN Mound Mound Branch	3130 E Mound Rd	Decatur	IL
THE CREDIT UNION FOR ALL Mid Illini Credit Union Mid Illini Credit Union Branch	1811 Eastland Dr	Bloomington	IL
FIRST NORTHERN 01 - Monroe 01 - Monroe Branch	230 W Monroe St	Chicago	IL
VIBRANT Vibrant Community Credit Union Vibrant Community Credit Union Branch	1900 52nd Ave	Moline	IL
UNITED COMMUNITY United Community Credit Union United Community Credit Union Branch	1001 Vermont St	Quincy	IL
GALE Main - Gale Credit Union Main - Gale Credit Union Branch	631 N Henderson St	Galesburg	IL
FINANCIAL PLUS Branch 1 Ottawa Branch 1 Ottawa	800 Chestnut St	Ottawa	IL
SIU Corporate Office Corporate Office Branch	395 N Giant City Rd	Carbondale	IL
CATHOLIC & COMMUNITY East Branch East Branch	1900 Carlyle Ave	Belleville	IL
TECH Calumet City Branch Calumet City Branch	1011 River Oaks Dr	Calumet City	IL
METRO Main Office Main Office Branch	2440 E Rand Rd	Arlington Heights	IL
CENTRAL ILLINOIS Central Illinois Credit Union Central Illinois Credit Union Branch	2106 w john st	champaign	IL
UNIVERSITY OF ILLINOIS COMMUNITY First Street Office First Street Office Branch	2201 S 1ST ST	Champaign	IL
CORNERSTONE Cornerstone Credit Union Cornerstone Credit Union Branch	550 W Meadows Dr	Freeport	IL
SCOTT Collinsville Branch Collinsville Branch	1100 Belt Line Rd	Collinsville	IL
ELITE COMMUNITY Main - 515 S Main St Main - 515 S Main St Branch	515 S Main St	Bourbonnais	IL
FIELDSTONE Fieldstone Credit Union Fieldstone Credit Union Branch	395 N Kinzie Ave	Bradley	IL
THE FAMILY Silvis Silvis Branch	1600 John Deere Expy	Silvis	IL
VICINITY Main Office Main Office Branch	4444 S Pulaski Rd	Chicago	IL
ARCHER HEIGHTS Archer Heights Credit Union Archer Heights Credit Union Branch	6554 W Archer Ave	Chicago	IL
PLANITES Planites Credit Union Planites Credit Union Branch	300 E Randolph ST FL 14	Chicago	IL
KEMBA PEORIA Kemba Peoria Credit Union Kemba Peoria Credit Union Branch	2318 W WILLOW KNOLLS DR	PEORIA	IL
COMMUNITY TRUST Ctcu Gurnee Branch Ctcu Gurnee Branch	1313 N Skokie Hwy	Gurnee	IL
STALEY Corporate Office Corporate Office Branch	3330 N Woodford St	Decatur	IL
EATON FAMILY Eaton Family Credit Union Lincoln Branch Eaton Family Credit Union Lincoln Branch	1725 1200TH AVE	Lincoln	IL
COMMONWEALTH Commonwealth Credit Union Commonwealth Credit Union Branch	563 William R Latham Sr Dr	Bourbonnais	IL
EARTHMOVER Bl Bl Branch	2195 Baseline Rd	Oswego	IL
MIDWEST AMERICA Mattoon Mattoon Branch	500 Lake Land Blvd	Mattoon	IL
ARSENAL Arsenal Credit Union-st Clair County Branch Arsenal Credit Union-st Clair County Branch	4384 N Illinois St	Swansea	IL
CENTRAL CREDIT UNION OF ILLINOIS Bellwood Bellwood Branch	1001 Mannheim Rd	Bellwood	IL
ARCHER HEIGHTS Archer Heights Credit Union Archer Heights Credit Union Branch	6554 W Archer Ave	Chicago	IL
REDBRAND Main Office Main Office Branch	820 McKinley Ave	Bartonville	IL
VANTAGE East St Louis East St Louis Branch	13 Collinsville Ave	East Saint Louis	IL
CORNERSTONE Cornerstone Credit Union Cornerstone Credit Union Branch	550 W Meadows Dr	Freeport	IL
GENFED FINANCIAL Mt Vernon Office Mt Vernon Office Branch	800 S 42ND ST	Mount Vernon	IL
MEMBERSALLIANCE Alpine Alpine Branch	2550 S Alpine Rd	Rockford	IL
ILLINOIS COMMUNITY Sycamore Sycamore Branch	508 W STATE ST	SYCAMORE	IL
SOUTH DIVISION Main Office Main Office Branch	9122 S Kedzie Ave	Evergreen Park	IL
SELF-HELP Little Village Little Village Branch	3960 W 26th St	Chicago	IL
FIRST COMMUNITY CU OF BELOIT Rockford Branch Rockford Branch	6079 E Riverside Blvd	Rockford	IL
ADVIA Rockton Rockton Branch	769 N Blackhawk Blvd	Rockton	IL
HERITAGE Branch - Galesburg Il Branch - Galesburg Il	HERITAGE CREDIT UNION	GALESBURG	IL
KANE COUNTY TEACHERS Elgin Elgin Branch	111 S Hawthorne St	Elgin	IL
KASKASKIA VALLEY Main Office Main Office Branch	401 S Poplar St	Centralia	IL
MEMBERS "FIRST" COMMUNITY Main Main Branch	1201 N 24th St	QUINCY	IL
DUPAGE Operations Center Operations Center Branch	1515 Bond St	Naperville	IL

See rates for Online Banks →

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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 2025

Credit union certificates of deposit (“CDs”, also commonly called “time deposits” 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.

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 in order to understand the importance of compounding interest at higher rates on your money over time.

SAVINGS & CD CALCULATOR

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Credit Union CD Rates – 6-Month – Shorewood, Illinois

Branches Info around zip 10116

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2025

NCUA Insurance

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

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

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)?

SAVINGS & CD CALCULATOR

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