Best Credit Union 6 Month CD Rates in Illinois, IL

You are viewing rates from credit unions across Illinois

Below are the best six month CD Rates from credit unions in 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.

IL - August 1, 2025

6 Month CD National Average : 0.41% ^?

Credit Unions	APY	MIN	MILES ^?
Alliant Alliant 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 Belleville Branch Restrictions	4.00%	$500	-	Learn More Add Review
State Employees' Restrictions	3.90%	$250	-	Learn More Add Review
Rate History: 4.50% → 4.40% → 4.25% → 3.90%
Northrop Grumman Northrop Grumman 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 East Peoria 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 Corporate America Fa Branch Restrictions	3.30% 3.25%	$10,000 $1,000	-	Learn More Add Review
Quorum Restrictions	2.45%	$1,000	-	Learn More
Rate History: 2.45% → 6.00%
Sharon \| Sep 20, 2023 Have been a member for 15 years and love everything about them: have a HighQ account, and QClassic checking and had a mortgage with them, too. Read More Reviews (2)
Department of Commerce Restrictions	2.23%	$500	-	Learn More
Rate History: 4.87% → 4.35% → 4.08% → 3.40% → 2.23%
member \| Dec 14, 2022 Agree with Jaben to stay away from docfcu. They don't appreciate loyal members and easily turn down any requests after a delayed response. I have closed my accounts and moved my funds to better institutio... Read More Reviews (2)
Baxter Crystal Lake Branch Restrictions	1.60%	$500	-	Learn More Add Review
Rate History: 2.10% → 1.85% → 1.75% → 4.25% → 1.60%
Covantage Restrictions	1.10%	$5,000	-	Learn More Add Review
1st Gateway 1st Gateway Branch Restrictions	0.90%	$1,000	-	Learn More Add Review
I. H. Mississippi Valley I. H. Mississippi Va Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
Cooperative Choice Network Members Choice Branch Restrictions	0.75%	$500	-	Learn More Add Review
Chicago Firefighter's Chicago Firefighter' Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Parda Parda 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 Ascentra Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
R.i.a. R.i.a. Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Prairieland Prairieland Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
Tech Tech 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 Motorola Emp. Branch Restrictions	0.55%	$100,000	-	Learn More Add Review
Polish & Slavic Polish & Slavic Branch Restrictions	0.55%	$500	-	Learn More Add Review
Ascentra Ascentra Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Service Plus Service Plus Branch	0.50%	$10,000	-	Learn More Add Review
Gas And Electric Gas And Electric Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Numark Numark Branch Restrictions	0.50%	$1,000	-	Learn More Add Review
Selfreliance Selfreliance Ukraini Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Healthcare Associates Healthcare Associate Branch Restrictions	0.50%	$100,000	-	Learn More Add Review
Gateway Metro Gateway Metro Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Chicago Patrolmen's Chicago Patrolmen's Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Acme Continental Acme Continental Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Illinois State 1408 Airport Road Branch Restrictions	0.46%	$10,000	-	Learn More Add Review
Land Of Lincoln Land Of Lincoln 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 Prairieland Branch Restrictions	0.45%	$1,000	-	Learn More Add Review
Consumers Cooperative Consumers Cooperativ Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Streator Onized Streator Onized Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Andigo Motorola Emp. Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Staley Staley Employees Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Scott Scott Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Maroon Financial Maroon Financial Branch	0.45%	$10,000	-	Learn More Add Review
Streator Community Streator Community Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Community Plus Community Plus Branch	0.40%	$10,000	-	Learn More Add Review
Vantage Vantage 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 First Northern Branch Restrictions	0.40%	$100,000	-	Learn More Add Review
I. H. Mississippi Valley I. H. Mississippi Va Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Illiana Financial Chicago Heights 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 Argonne Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Healthcare Associates Healthcare Associate Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Adm Adm Branch	0.40%	$10,000	-	Learn More Add Review
Blackhawk Area Blackhawk Area Branch Restrictions	0.40%	$500	-	Learn More Add Review
Heartland Heartland Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
New Century New Century Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Midwest Coalition Of Labor Midwest Operating En Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Metro Metro Branch	0.40%	$100,000	-	Learn More Add Review
Gcs Madison Branch 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)
Du Trac Community Restrictions	0.35%	$10,000	-	Learn More Add Review
Ottawa Hiway Ottawa Hiway Branch	0.35%	$10,000	-	Learn More Add Review
Dupaco Community Dupaco Community Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
1st Midamerica Olin Community Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Rockford Bell Rockford Bell 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 Siu Branch Restrictions	0.35%	$100,000	-	Learn More Add Review
Landmark Danville Office Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Verve, A Credit Union Restrictions	0.35%	$1,000	-	Learn More Add Review
Mid-illini Mid-illini Branch	0.32%	$100,000	-	Learn More Add Review
Land Of Lincoln Land Of Lincoln Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Midwest Members	0.30%	$10,000	-	Learn More Add Review
Mid-illini Mid-illini Branch	0.30%	$10,000	-	Learn More Add Review
First Northern First Northern Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Vibrant Dhcu Community 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 Branch Restrictions	0.30%	$1,000	-	Learn More Add Review
Gale Gale Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Financial Plus Financial Plus Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Siu Siu Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Catholic & Community Catholic & Community Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Tech Tech Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Metro Metro Branch	0.30%	$10,000	-	Learn More Add Review
Central Illinois Central Illinois Branch	0.27%	$10,000	-	Learn More Add Review
University Of Illinois Community University Of Illino Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Cornerstone Cornerstone Branch Restrictions	0.25%	$100,000	-	Learn More Add Review
Scott Scott Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Elite Community Cognis Branch	0.25%	$10,000	-	Learn More Add Review
Fieldstone Armour Kankakee Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
The Family The Family Branch Restrictions	0.25%	$500	-	Learn More Add Review
United United Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Archer Heights Archer Heights Branch	0.25%	$100,000	-	Learn More Add Review
Planites Planites Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Kemba Peoria Kemba Peoria Branch	0.20%	$10,000	-	Learn More Add Review
Community Trust Community Trust Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Staley Staley Employees Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Eaton Family Eaton Family 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 Earthmover Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Midwest America Midwest America Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Greenstate Restrictions	0.20%	$500	-	Learn More
Slynyrd \| Nov 11, 2022 It would be great to hear back from someone regarding my bump-up rate currently available, BEFORE 18 days has passed. Still waiting. Read More Reviews (2)
Arsenal Arsenal Credit Union-st Clair County Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Central Credit Union Of Illinois Central Credit Union Branch Restrictions	0.20%	$10,000	-	Learn More Add Review
Archer Heights Archer Heights Branch	0.20%	$10,000	-	Learn More Add Review
Redbrand Redbrand Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Vantage Vantage 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 Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Genfed Financial Centralia Office Branch	0.15%	$10,000	-	Learn More Add Review
Membersalliance Members Alliance Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Illinois Community Illinois Community Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
South Division South Division 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 First Community Cu O 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 Heritage Branch Restrictions	0.10%	$10,000	-	Learn More Add Review
Kane County Teachers Kane County Teachers Branch Restrictions	0.10%	$10,000	-	Learn More Add Review
Kaskaskia Valley Kaskaskia Valley Branch	0.10%	$10,000	-	Learn More Add Review
Members First" Community" Members "first" Branch	0.05%	$10,000	-	Learn More Add Review
Dupage Dupage 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 10007

Branch	Street	City	State
ALLIANT Alliant Alliant Branch	11545 West Touhy Ave	Chicago	IL
FIRST COMMUNITY Belleville Belleville Branch	2601 Green Mount Commons Dr	Belleville	IL
NORTHROP GRUMMAN Northrop Grumman Northrop Grumman Branch	600 Hicks Road	Rolling Meadows	IL
CITIZENS EQUITY FIRST East Peoria Member Center East Peoria Member Center Branch	501 Richland St	East Peoria	IL
NORTHROP GRUMMAN Northrop Grumman Northrop Grumman Branch	600 Hicks Road	Rolling Meadows	IL
CITIZENS EQUITY FIRST East Peoria Member Center East Peoria Member Center Branch	501 Richland St	East Peoria	IL
CORPORATE AMERICA FAMILY Corporate America Fa Corporate America Fa Branch	2075 Big Timber Road	Elgin	IL
CORPORATE AMERICA FAMILY Corporate America Fa Corporate America Fa Branch	2075 Big Timber Road	Elgin	IL
BAXTER Crystal Lake Crystal Lake Branch	415 S Main St	Crystal Lake	IL
1ST GATEWAY 1st Gateway 1st Gateway Branch	415 10th Av	Fulton	IL
I. H. MISSISSIPPI VALLEY I. H. Mississippi Va I. H. Mississippi Va Branch	2121 - 47TH STREET	MOLINE	IL
COOPERATIVE CHOICE NETWORK Members Choice Members Choice Branch	3919 N UNIVERSITY STREET	PEORIA	IL
CHICAGO FIREFIGHTER'S Chicago Firefighter' Chicago Firefighter' Branch	6230 S Central Ave	Chicago	IL
PARDA Parda Parda Branch	5500 Forest Hills Road	Loves Park	IL
ASCENTRA Ascentra Ascentra Branch	3005 7th Street	Moline	IL
R.I.A. R.i.a. R.i.a. Branch	110 10th Ave E	Milan	IL
PRAIRIELAND Prairieland Prairieland Branch	416 kays drive	normal	IL
TECH Tech Tech 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 Motorola Emp. Motorola Emp. Branch	1205 E. Algonquin Road	Schaumburg	IL
POLISH & SLAVIC Polish & Slavic Polish & Slavic Branch	1044 Mount Prospect Plz	Mount Prospect	IL
ASCENTRA Ascentra Ascentra Branch	3005 7th Street	Moline	IL
SERVICE PLUS Service Plus Service Plus Branch	2110 53rd Street	Moline	IL
GAS AND ELECTRIC Gas And Electric Gas And Electric Branch	2300 4TH AVENUE	ROCK ISLAND	IL
NUMARK Numark Numark Branch	1654 Terry Dr	Joliet	IL
SELFRELIANCE Selfreliance Ukraini Selfreliance Ukraini Branch	2332 W. Chicago Ave	Chicago	IL
HEALTHCARE ASSOCIATES Healthcare Associate Healthcare Associate Branch	1151 E Warrenville Road	Naperville	IL
GATEWAY METRO Gateway Metro Gateway Metro Branch	2693 North Illinios Street	Swansea	IL
NATIONAL POLICE Chicago Patrolmen's Chicago Patrolmen's Branch	1407 W. Washington	Chicago	IL
ACME CONTINENTAL Acme Continental Acme Continental Branch	13601 S. Perry Ave	Riverdale	IL
ILLINOIS STATE 1408 Airport Road 1408 Airport Road Branch	1408 Airport Rd	Bloomington	IL
LAND OF LINCOLN Land Of Lincoln Land Of Lincoln Branch	3130 E Mound Rd	Decatur	IL
IAA Iaa Credit Union Main Branch Iaa Credit Union Main Branch	808 Iaa Dr	Bloomington	IL
PRAIRIELAND Prairieland Prairieland Branch	416 kays drive	normal	IL
CONSUMERS Consumers Cooperativ Consumers Cooperativ Branch	2750 Washington St	Waukegan	IL
STREATOR ONIZED Streator Onized Streator Onized Branch	912 N Shabbona St	Streator	IL
ANDIGO Motorola Emp. Motorola Emp. Branch	1205 E. Algonquin Road	Schaumburg	IL
STALEY Staley Employees Staley Employees Branch	3330 N. Woodford St.	Decatur	IL
SCOTT Scott Scott Branch	1100 Beltline Road	Collinsville	IL
MAROON FINANCIAL Maroon Financial Maroon Financial Branch	5801 S Ellis Ave, Suite 5	Chicago	IL
STREATOR COMMUNITY Streator Community Streator Community Branch	302 N Park Street	Streator	IL
COMMUNITY PLUS Community Plus Community Plus Branch	526 E Champaign Avenue	Rantoul	IL
VANTAGE Vantage Vantage Branch	13 Collinsville Ave	East Saint Louis	IL
FIRST NORTHERN First Northern First Northern Branch	230 W. Monroe St, Suite 2850	Chicago	IL
I. H. MISSISSIPPI VALLEY I. H. Mississippi Va I. H. Mississippi Va Branch	2121 - 47TH STREET	MOLINE	IL
ILLIANA FINANCIAL Chicago Heights Chicago Heights Branch	1030 Chicago Rd	Chicago Heights	IL
XCEED FINANCIAL Xceed Financial Xceed Financial Branch	263 Shuman Blvd. Suite 1W500	Naperville	IL
ABRI Argonne Argonne Branch	1350 West Renwick Road	Romeoville	IL
HEALTHCARE ASSOCIATES Healthcare Associate Healthcare Associate Branch	1151 E Warrenville Road	Naperville	IL
ADM Adm Adm Branch	3735 E. Williams Street Road	Decatur	IL
BLACKHAWK AREA Blackhawk Area Blackhawk Area Branch	214 Main Street	Savanna	IL
HEARTLAND Heartland Heartland Branch	2213 West White Oaks Drive	Springfield	IL
NEW CENTURY New Century New Century Branch	971 N. Collins Street	Joliet	IL
MIDWEST COALITION OF LABOR Midwest Operating En Midwest Operating En Branch	6240 Joliet Rd	Countryside	IL
METRO Metro Metro Branch	2440 E Rand Road	Arlington Heigh	IL
REVITY Madison Branch Madison Branch	1833 3rd St	Madison	IL
OTTAWA HIWAY Ottawa Hiway Ottawa Hiway Branch	700 East Norris Drive	Ottawa	IL
DUPACO COMMUNITY Dupaco Community Dupaco Community Branch	11375 Oldenburg Lane	Galena	IL
1ST MIDAMERICA Olin Community Olin Community Branch	731 East Bethalto Drive	Bethalto	IL
ROCKFORD BELL Rockford Bell Rockford Bell Branch	4225 PERRYVILLE RD.	LOVES PARK	IL
CREDIT UNION 1 Credit Union 1 Credit Union 1 Branch	200 E. Champaign Ave.	Rantoul	IL
SIU Siu Siu Branch	395 N Giant City Road	Carbondale	IL
LANDMARK Danville Office Danville Office Branch	506 W Fairchild St	Danville	IL
THE CREDIT UNION FOR ALL Mid-illini Mid-illini Branch	1811 EASTLAND DRIVE	BLOOMINGTON	IL
LAND OF LINCOLN Land Of Lincoln Land Of Lincoln Branch	3130 E Mound Rd	Decatur	IL
THE CREDIT UNION FOR ALL Mid-illini Mid-illini Branch	1811 EASTLAND DRIVE	BLOOMINGTON	IL
FIRST NORTHERN First Northern First Northern Branch	230 W. Monroe St, Suite 2850	Chicago	IL
VIBRANT Dhcu Community Dhcu Community Branch	1900 52ND AVENUE	MOLINE	IL
UNITED COMMUNITY United Community United Community Branch	1001 Vermont	Quincy	IL
GALE Gale Gale Branch	631 N. Henderson Street	Galesburg	IL
FINANCIAL PLUS Financial Plus Financial Plus Branch	800 Chestnut St.	Ottawa	IL
SIU Siu Siu Branch	395 N Giant City Road	Carbondale	IL
CATHOLIC & COMMUNITY Catholic & Community Catholic & Community Branch	1109 Hartman Ln	Shiloh	IL
TECH Tech Tech Branch	1011 River Oaks Dr	Calumet City	IL
METRO Metro Metro Branch	2440 E Rand Road	Arlington Heigh	IL
CENTRAL ILLINOIS Central Illinois Central Illinois Branch	2106 w john st	champaign	IL
UNIVERSITY OF ILLINOIS COMMUNITY University Of Illino University Of Illino Branch	2201 S First St	Champaign	IL
CORNERSTONE Cornerstone Cornerstone Branch	550 West Meadows Drive	Freeport	IL
SCOTT Scott Scott Branch	1100 Beltline Road	Collinsville	IL
ELITE COMMUNITY Cognis Cognis Branch	2525 S. Kensington Road	Kankakee	IL
FIELDSTONE Armour Kankakee Armour Kankakee Branch	395 N Kinzie Ave	Bradley	IL
THE FAMILY The Family The Family Branch	1600 John Deere Road	Silvis	IL
VICINITY United United Branch	4444 S. Pulaski Rd	Chicago	IL
ARCHER HEIGHTS Archer Heights Archer Heights Branch	6554 W Archer Ave	Chicago	IL
PLANITES Planites Planites Branch	300 E Randolph, 14th Floor	Chicago	IL
KEMBA PEORIA Kemba Peoria Kemba Peoria Branch	2318 W WILLOW KNOLLS DR	PEORIA	IL
COMMUNITY TRUST Community Trust Community Trust Branch	1313 Skokie Hwy	Gurnee	IL
STALEY Staley Employees Staley Employees Branch	3330 N. Woodford St.	Decatur	IL
EATON FAMILY Eaton Family Eaton Family Branch	1725 1200TH AVE	Lincoln	IL
COMMONWEALTH Commonwealth Credit Union Commonwealth Credit Union Branch	563 William R Latham Sr Dr	Bourbonnais	IL
EARTHMOVER Earthmover Earthmover Branch	2195 Baseline Road	Oswego	IL
MIDWEST AMERICA Midwest America Midwest America Branch	1460 E Street	Charleston	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 Central Credit Union Central Credit Union Branch	1001 Mannheim Rd	Bellwood	IL
ARCHER HEIGHTS Archer Heights Archer Heights Branch	6554 W Archer Ave	Chicago	IL
REDBRAND Redbrand Redbrand Branch	820 MCKINLEY AVE	BARTONVILLE	IL
VANTAGE Vantage Vantage Branch	13 Collinsville Ave	East Saint Louis	IL
CORNERSTONE Cornerstone Cornerstone Branch	550 West Meadows Drive	Freeport	IL
GENFED FINANCIAL Centralia Office Centralia Office Branch	903 S ELM ST	Centralia	IL
MEMBERSALLIANCE Members Alliance Members Alliance Branch	2550 S Alpine	Rockford	IL
ILLINOIS COMMUNITY Illinois Community Illinois Community Branch	508 WEST STATE STREET	SYCAMORE	IL
SOUTH DIVISION South Division South Division Branch	9122 S. Kedzie	Evergreen Park	IL
SELF-HELP Little Village Little Village Branch	3960 W 26th St	Chicago	IL
FIRST COMMUNITY CU OF BELOIT First Community Cu O First Community Cu O Branch	1405 W Lane Rd	Machesney Park	IL
ADVIA Rockton Rockton Branch	769 N Blackhawk Blvd	Rockton	IL
HERITAGE Heritage Heritage Branch	HERITAGE CREDIT UNION, 1980 NATIONAL BOULEVARD	GALESBURG	IL
KANE COUNTY TEACHERS Kane County Teachers Kane County Teachers Branch	111 S Hawthorne St	Elgin	IL
KASKASKIA VALLEY Kaskaskia Valley Kaskaskia Valley Branch	401 S Poplar St	Centralia	IL
MEMBERS "FIRST" COMMUNITY Members "first" Members "first" Branch	1201 NORTH 24TH	QUINCY	IL
DUPAGE Dupage Dupage Branch	1515 Bond Street	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 – Illinois

Branches Info around zip 10007

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)?

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