Best Credit Union CD Rates in Indiana, IN

You are viewing rates from credit unions across Indiana

Below are the best one year CD Rates from credit unions in Indiana. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.

IN - December 12, 2024

1 Year CD National Average : 0.55% ^?

Credit Unions	APY	MIN	MILES ^?
Communitywide Restrictions	5.00%	$1,000	-	Learn More Add Review
Rate History: 5.60% → 5.50% → 5.25% → 5.15% → 5.00%
Inova Restrictions	4.80%	$200	-	Learn More Add Review
Rate History: 5.50% → 5.00% → 5.40% → 4.75% → 4.80%
United Restrictions	4.75%	$500	-	Learn More Add Review
Rate History: 5.15% → 4.75%
Three Rivers Restrictions	4.35%	$1,000	-	Learn More Add Review
Rate History: 5.00% → 4.85% → 4.60% → 4.35%
Baxter Restrictions	3.60%	$500	-	Learn More Add Review
Rate History: 3.50% → 4.00% → 3.70% → 3.60%
Elements Financial Restrictions	2.60%	$1,000	-	Learn More Add Review
Unify Financial Restrictions	2.40% 2.25% 2.10%	$100,000 $40,000 $1,000	-	Learn More
dapatton@pacbell.net \| May 12, 2016 19 what, years or months Read More Reviews (1)
Financial Builders Restrictions	2.33%	$500	-	Learn More Add Review
Afena Restrictions	2.27% 2.17% 2.07%	$100,000 $10,000 $250	-	Learn More Add Review
Park Community Credit Union, Inc. Restrictions	2.20% 2.15%	$50,000 $500	-	Learn More Add Review
Indiana University Restrictions	2.00%	$500	-	Learn More Add Review
Heritage Restrictions	2.00%	$500	-	Learn More Add Review
Rate History: 2.10% → 2.00% → 4.85% → 2.00%
Liberty Restrictions	1.45%	$1,000	-	Learn More Add Review
Rate History: 3.00% → 1.55% → 4.60% → 4.50% → 1.45%
Everwise Restrictions	1.36%	$500	-	Learn More Add Review
South Bend Firefighters	1.00%	$10,000	-	Learn More Add Review
Beacon Restrictions	0.91%	$100,000	-	Learn More Add Review
Kemba Restrictions	0.90%	$10,000	-	Learn More Add Review
Honda Restrictions	0.90%	$100,000	-	Learn More Add Review
Energy Plus Restrictions	0.85%	$10,000	-	Learn More Add Review
Riverside Community Restrictions	0.85%	$10,000	-	Learn More Add Review
Beacon Restrictions	0.81%	$10,000	-	Learn More Add Review
Honda Restrictions	0.80%	$10,000	-	Learn More Add Review
Diversified General	0.80%	$10,000	-	Learn More Add Review
Indiana Heartland	0.80%	$10,000	-	Learn More Add Review
Policemen's Restrictions	0.80%	$100,000	-	Learn More Add Review
Solidarity Community Restrictions	0.76%	$500	-	Learn More
Silverfoxmann @Comcast.net \| Jan 30, 2021 I live in South Bend, IN. How can I join your bank for investments, CDs in particular Read More Reviews (1)
Financial Health Restrictions	0.75%	$10,000	-	Learn More Add Review
Encompass Restrictions	0.75%	$500	-	Learn More Add Review
Via Credit Union Restrictions	0.75%	$10,000	-	Learn More
Ksmith@yahoo.com \| Feb 26, 2017 Overall very unprofessional, not compassionate, could use a few lessons in calculations. Very cocky attitudes. Read More Reviews (1)
Members Source Restrictions	0.75%	$10,000	-	Learn More Add Review
Aaa Restrictions	0.75%	$10,000	-	Learn More Add Review
Policemen's Restrictions	0.75%	$10,000	-	Learn More Add Review
Advantageplus Of Indiana	0.75%	$10,000	-	Learn More Add Review
Bar-cons Restrictions	0.70%	$5,000	-	Learn More Add Review
Industrial Restrictions	0.70%	$10,000	-	Learn More Add Review
L & N Restrictions	0.70%	$10,000	-	Learn More Add Review
Tech Restrictions	0.60%	$100,000	-	Learn More Add Review
Centra Restrictions	0.60%	$100,000	-	Learn More
Jason crook \| Mar 14, 2020 One thing I hate about Centra Credit f***** Union they have no customer service help at all whatsoever. After hours that sucks ass Read More* Reviews (1)
Indiana Members Restrictions	0.60%	$10,000	-	Learn More Add Review
Crane Restrictions	0.60%	$10,000	-	Learn More Add Review
Everence Restrictions	0.60%	$100,000	-	Learn More Add Review
Fortress	0.60%	$10,000	-	Learn More Add Review
La Porte Community Restrictions	0.60%	$10,000	-	Learn More Add Review
Members Advantage Restrictions	0.55%	$10,000	-	Learn More Add Review
Centra Restrictions	0.55%	$10,000	-	Learn More
Jason crook \| Mar 14, 2020 One thing I hate about Centra Credit f***** Union they have no customer service help at all whatsoever. After hours that sucks ass Read More* Reviews (1)
Staley Restrictions	0.55%	$100,000	-	Learn More Add Review
Members Heritage Restrictions	0.55%	$100,000	-	Learn More Add Review
Haynes Community Restrictions	0.55%	$10,000	-	Learn More Add Review
Interra Restrictions	0.55%	$100,000	-	Learn More Add Review
U S #1364 Restrictions	0.55%	$10,000	-	Learn More Add Review
Diamond Valley Restrictions	0.53%	$10,000	-	Learn More Add Review
Fort Financial Restrictions	0.50%	$10,000	-	Learn More Add Review
Vibrant Restrictions	0.50%	$10,000	-	Learn More
donnasspicer \| Apr 24, 2023 No they don’t have deposit as a function. Read More Reviews (2)
Hoosier Hills Restrictions	0.50%	$10,000	-	Learn More Add Review
Community Spirit Credit Union	0.50%	$10,000	-	Learn More Add Review
Everence Restrictions	0.50%	$10,000	-	Learn More Add Review
Indiana Lakes	0.50%	$10,000	-	Learn More Add Review
Credit Union 1	0.50%	$10,000	-	Learn More Add Review
Financial Partners Restrictions	0.45%	$10,000	-	Learn More Add Review
Members Heritage Restrictions	0.45%	$10,000	-	Learn More Add Review
Chiphone Restrictions	0.45%	$10,000	-	Learn More Add Review
Perfect Circle Restrictions	0.45%	$100,000	-	Learn More Add Review
Regional Restrictions	0.45%	$10,000	-	Learn More Add Review
Members Choice	0.40%	$10,000	-	Learn More Add Review
Allegius Restrictions	0.40%	$10,000	-	Learn More
dannyhin \| May 1, 2019 They are the worst loan company I have ever worked with. Disrespectful staff and argumentative. No online or over the phone payments. Simple problems they blame the customer and take no responsibility. Avo... Read More Reviews (2)
Midwest Family Restrictions	0.40%	$1,000	-	Learn More Add Review
Tech Restrictions	0.35%	$10,000	-	Learn More Add Review
First Trust Restrictions	0.35%	$10,000	-	Learn More Add Review
Kokomo Heritage	0.35%	$100,000	-	Learn More Add Review
Natco Restrictions	0.35%	$10,000	-	Learn More Add Review
Harvester Financial Restrictions	0.35%	$10,000	-	Learn More Add Review
Perfect Circle Restrictions	0.35%	$10,000	-	Learn More Add Review
Financial Center First Restrictions	0.35%	$100,000	-	Learn More Add Review
Indiana State University Restrictions	0.35%	$100,000	-	Learn More Add Review
Profed Restrictions	0.30%	$500	-	Learn More Add Review
Fire Police City County	0.30%	$10,000	-	Learn More
Fort Wayne \| Apr 16, 2021 Steady and reliable Read More Reviews (1)
Purdue Restrictions	0.30%	$10,000	-	Learn More Add Review
Staley Restrictions	0.30%	$10,000	-	Learn More Add Review
Kokomo Heritage	0.30%	$10,000	-	Learn More Add Review
Interra Restrictions	0.30%	$10,000	-	Learn More Add Review
Financial Center First Restrictions	0.30%	$10,000	-	Learn More Add Review
Advance Financial Restrictions	0.30%	$10,000	-	Learn More Add Review
Primetrust Financial Restrictions	0.30%	$10,000	-	Learn More Add Review
Kemba Indianapolis Restrictions	0.30%	$10,000	-	Learn More Add Review
Greenstate Restrictions	0.30%	$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)
Hometown	0.25%	$10,000	-	Learn More Add Review
Midwest America Restrictions	0.25%	$10,000	-	Learn More Add Review
City Of Firsts Community Restrictions	0.25%	$10,000	-	Learn More Add Review
Independent Restrictions	0.25%	$10,000	-	Learn More Add Review
Notre Dame Restrictions	0.25%	$10,000	-	Learn More Add Review
Indiana State University Restrictions	0.25%	$10,000	-	Learn More Add Review
Business And Industrial Restrictions	0.20%	$10,000	-	Learn More Add Review
Genfed Financial	0.18%	$10,000	-	Learn More Add Review
Northern Indiana Restrictions	0.16%	$10,000	-	Learn More Add Review
Vigo County Restrictions	0.15%	$500	-	Learn More Add Review
Partners 1st Restrictions	0.15%	$10,000	-	Learn More Add Review
Edu Restrictions	0.10%	$500	-	Learn More Add Review
Northpark Community Restrictions	0.10%	$10,000	-	Learn More Add Review
Grand Heritage	0.10%	$10,000	-	Learn More Add Review
Lampco Restrictions	0.10%	$10,000	-	Learn More Add Review
Crossroads Financial Restrictions	0.09%	$10,000	-	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.

See rates for Online Banks →

See rates for Local Banks →

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

PRODUCT INFORMATION

Credit Union One-Year Certificates of Deposit 2024

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 (in the case of 1-year CDs, the period is obviously 1-year), 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, and many that do maintain the right to deny it in their terms and conditions. It therefore is important to fully understand the terms of any time-based deposit that you enter with a credit union.

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 1-year 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 time deposit is 3 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 next 12 months (or the period of your time deposit or CD). The premium in a one-year CD is very small, however, 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 Indiana

PRODUCT INFORMATION

Credit Union One-Year Certificates of Deposit 2024

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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