Competitive CD Interest Rates at 2.50% APY for 12-month program with Connexus Credit Union

The Connexus Credit Union continues to offer good interest rates for their certificates of deposit. The union gives 2.50% APY for CDs with a 12-month term. Other programs earn 2.00% APY for 6-month deal and 3.50% APY for a 60-month term. Members who want to take advantage of these cd interest rates only need $1000 of initial deposit.

The top cd rates have fallen especially comparing them to their March Madness run. Despite that the current cd rates remain to be competitive in today’s market conditions.

Application for the certificates of deposit can be clicked on the website of the credit union. The earnings of the CDs are computed daily but posted on a quarterly basis. They also give you an option to transfer the gains to your other Connexus accounts like your checking, savings, or money market.

There is also an option to get a step-up certificate. Connexus offers them on a 24 or 36-month term. With a step-up or bump up, account holders can ask the institution for a one-time higher certificate of deposit rate. The website does not detail how one can apply for this but their customer service line can help you with regard to the details of the process.

It appears that anyone can join Connexus. Individuals can request for membership through the union’s website. All it takes is $10. Visit the online application page of the union and choose “other” so you can list the option for joining the Connexus Association.

Connexus Credit Union is headquartered in Wausau, Wisconsin. The union is insured with the NCUA through charter # 66538.

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