Consumers Credit Union Certificate Review

Consumers Credit Union Certificate is offered by Consumers Credit Union, a credit union founded in 1930 and based in Waukegan, IL. Consumers Credit Union Certificate is available in 1 state across the USA.

Are cd accounts from Consumers Credit Union federally insured?

Yes, your Consumers Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does Consumers Credit Union offer?

• IRA
• Jumbo
• Traditional

What APY does Consumers Credit Union offer on its CDs?

Consumers Credit Union Certificate offers an APY starting at 0.35% and ranging up to 1.2% (APY stands for annual percentage yield, rates may change).

What is the minimum deposit to open a CD account with Consumers Credit Union?

Consumers Credit Union Certificate requires a minimum initial deposit of $250 to open an account.

What types of early withdrawal penalties does Consumers Credit Union Certificate charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Consumers Credit Union does not charge an early withdrawal fee.