Best Credit Union CD Rates in New Jersey, NJ

You are viewing rates from credit unions across New Jersey

Below are the best one year CD Rates from credit unions in New Jersey. 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.

NJ - December 11, 2024

1 Year CD National Average : 0.55% ^?

Credit Unions	APY	MIN	MILES ^?
Andrews Federal Credit Union Restrictions	5.05% 5.00%	$10,000 $1,000	-	Learn More Add Review
American Heritage Restrictions	4.75%	$1,000	-	Learn More
Rate History: 5.00% → 4.75% → 5.00% → 4.75%
Jobe0822@gmail.com \| Dec 22, 2020 Where is the 4.00/% rate? It doesn’t seem to exist? Read More Reviews (2)
American Airlines Restrictions	4.60%	$1,000	-	Learn More
jose \| Jun 12, 2017 five star......great location...fast service Read More Reviews (1)
Xcel Restrictions	4.50%	$500	-	Learn More Add Review
Rate History: 4.50% → 3.50% → 4.20% → 4.50%
US Alliance Restrictions	4.30%	$500	-	Learn More Add Review
Rate History: 5.20% → 5.40% → 5.15% → 5.20% → 4.30%
Visions Restrictions	4.25%	$500	-	Learn More Add Review
Rate History: 4.10% → 4.25%
Garden Savings Restrictions	4.25%	$500	-	Learn More Add Review
Rate History: 4.39% → 4.50% → 4.75% → 4.00% → 4.25%
Navy Federal Credit Union Restrictions	4.15% 4.10%	$100,000 $1,000	-	Learn More
Rate History: 5.10% → 4.85% → 4.75% → 4.35% → 4.15%
Amanda Frank \| Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... Read More Reviews (19)
Ukrainian National Restrictions	4.06%	$1,000	-	Learn More Add Review
Rate History: 4.58% → 4.22% → 4.06% → 4.32% → 4.06%
Jersey Central Restrictions	4.00%	$500	-	Learn More Add Review
Police & Fire Restrictions	4.00%	$1,000	-	Learn More
Rate History: 3.75% → 4.00%
John \| Oct 9, 2023 Member for 50 years and have aeen it grow and develop with changing times and technology quickly and smoothly. Has helped me and my family, tremendously, through any and all crisis... don't know how Id ha ... Read More Reviews (1)
Ridgedale Restrictions	3.75%	$500	-	Learn More Add Review
Rate History: 2.26% → 4.07% → 3.75%
Pentagon Restrictions	3.65%	$1,000	-	Learn More
Rate History: 5.25% → 4.50% → 4.00% → 3.80% → 3.65%
clifton handyman \| Nov 20, 2024 Your Lost Bitcoins Are Not Gone Forever! Enquire From iBolt Cyber Hacker iBolt Cyber Hacker is a cybersecurity service that specializes in Bitcoin and cryptocurrency recovery. Even if your Bitcoin is lo... Read More Reviews (16)
Affinity Restrictions	3.45%	$500	-	Learn More Add Review
Rate History: 4.00% → 3.75% → 3.50% → 3.45%
Quorum Restrictions	2.60%	$1,000	-	Learn More
Rate History: 5.00% → 12.00%
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)
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 Resources Restrictions	2.32%	$500	-	Learn More Add Review
Polish & Slavic Restrictions	1.50% 1.35% 1.20%	$90,000 $50,000 $500	-	Learn More Add Review
N. J. Latvian	1.26%	$10,000	-	Learn More Add Review
Abco Restrictions	0.90%	$100,000	-	Learn More Add Review
Ukrainian Selfreliance Restrictions	0.80%	$100,000	-	Learn More Add Review
Proponent Restrictions	0.75%	$100,000	-	Learn More Add Review
Selfreliance Restrictions	0.75%	$10,000	-	Learn More Add Review
Garden State Restrictions	0.75%	$100,000	-	Learn More Add Review
Abco Restrictions	0.75%	$10,000	-	Learn More Add Review
Together Restrictions	0.75%	$10,000	-	Learn More Add Review
B-m S Restrictions	0.70%	$10,000	-	Learn More Add Review
Proponent Restrictions	0.70%	$10,000	-	Learn More Add Review
Ukrainian Selfreliance Restrictions	0.70%	$10,000	-	Learn More Add Review
The Atlantic Restrictions	0.65%	$10,000	-	Learn More Add Review
Xceed Financial Restrictions	0.60%	$10,000	-	Learn More Add Review
Advanced Financial Restrictions	0.60%	$10,000	-	Learn More
sofiacafeteria035@gamil.com \| Aug 21, 2023 Don’t trust them they are a fake company, with fake promises, and they will convince you to invest your hard-earned money with them, don’t be fooled by all these scam investment brokers and account man... Read More Reviews (1)
County Educators Restrictions	0.60%	$10,000	-	Learn More Add Review
South Jersey Restrictions	0.60%	$10,000	-	Learn More Add Review
Energy People Restrictions	0.60%	$100,000	-	Learn More Add Review
Unilever Restrictions	0.55%	$100,000	-	Learn More Add Review
Parda Restrictions	0.55%	$100,000	-	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)
Community Financial Services	0.55%	$10,000	-	Learn More Add Review
Sharonview Restrictions	0.55%	$10,000	-	Learn More
Problems \| Jan 13, 2019 Customer service sucks if you have to call in. My card has been locked for almost a month and I’ve yet to speak with a human for what I’m sure is a easily fixed problem. I specifically can’t get thro... Read More Reviews (1)
Raritan Bay Restrictions	0.55%	$10,000	-	Learn More Add Review
Energy People Restrictions	0.55%	$10,000	-	Learn More Add Review
Thunderbolt Area	0.55%	$10,000	-	Learn More Add Review
Picatinny Restrictions	0.50%	$10,000	-	Learn More Add Review
Parda Restrictions	0.50%	$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)
Altra Restrictions	0.50%	$10,000	-	Learn More Add Review
Garden State Restrictions	0.50%	$10,000	-	Learn More Add Review
Fairleigh Dickinson University	0.45%	$10,000	-	Learn More Add Review
Manville Area	0.45%	$10,000	-	Learn More Add Review
Lakehurst Naval Restrictions	0.45%	$100,000	-	Learn More Add Review
Union Building Trades Restrictions	0.40%	$10,000	-	Learn More Add Review
Unilever Restrictions	0.40%	$10,000	-	Learn More Add Review
First Point	0.40%	$10,000	-	Learn More Add Review
Mercer County Nj Teachers Restrictions	0.40%	$10,000	-	Learn More Add Review
Princeton Restrictions	0.40%	$10,000	-	Learn More Add Review
Southern Middlesex Co Tchrs Restrictions	0.40%	$10,000	-	Learn More Add Review
Lakehurst Naval Restrictions	0.40%	$10,000	-	Learn More Add Review
Seaport	0.35%	$100,000	-	Learn More Add Review
Credit Union Of New Jersey Restrictions	0.35%	$100,000	-	Learn More Add Review
Jersey Shore Restrictions	0.35%	$100,000	-	Learn More Add Review
L'oreal Usa Restrictions	0.30%	$10,000	-	Learn More Add Review
Fort Billings Restrictions	0.30%	$10,000	-	Learn More Add Review
Jersey Shore 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)
Pinnacle Restrictions	0.29%	$10,000	-	Learn More Add Review
North Jersey Restrictions	0.25%	$10,000	-	Learn More Add Review
Greater Alliance Restrictions	0.25%	$10,000	-	Learn More Add Review
Seaport	0.25%	$10,000	-	Learn More Add Review
Motion Restrictions	0.25%	$10,000	-	Learn More Add Review
United Poles	0.25%	$10,000	-	Learn More Add Review
Riegel Restrictions	0.25%	$10,000	-	Learn More Add Review
Hamilton Horizons	0.25%	$10,000	-	Learn More Add Review
Credit Union Of New Jersey Restrictions	0.25%	$10,000	-	Learn More Add Review
Bay Atlantic Restrictions	0.25%	$10,000	-	Learn More Add Review
Baker	0.20%	$10,000	-	Learn More Add Review
Irco Community Restrictions	0.20%	$10,000	-	Learn More Add Review
First Atlantic Restrictions	0.20%	$10,000	-	Learn More Add Review
Rutgers Restrictions	0.15%	$10,000	-	Learn More Add Review
Partners 1st Restrictions	0.15%	$10,000	-	Learn More Add Review
United Teletech Financial Restrictions	0.15%	$10,000	-	Learn More Add Review
Deepwater Industries Restrictions	0.15%	$10,000	-	Learn More Add Review
Edu Restrictions	0.10%	$500	-	Learn More Add Review
Aspire Restrictions	0.10%	$10,000	-	Learn More Add Review
First Financial Restrictions	0.10%	$10,000	-	Learn More Add Review
Member's 1st Of Nj Restrictions	0.10%	$10,000	-	Learn More Add Review
Research 1166	0.05%	$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 New Jersey

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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