High Yield Savings & CD Rates

page-heading-1

Great news: Dividend rates are on the rise at Credit Union 1! 

Our High Yield Savings Rate is now 1.95% APY2 . That's 14x higher than the national average1

 

We've also upped the rates on all our Share Certificates and have two limited-time Special CDs below: 

We've increased our rates on several top products to help you save smarter and reach your financial goals sooner!

Share Certificate (CDs)

Term

Minimum Balance to Open
& Earn Dividends

APY1

APR

Early Withdrawal
Penalty Amount2

6 months $1,000 1.50% 1.490% 90 Days' Dividends
12 months $1,000 2.50% 2.472% 90 Days' Dividends
24 months $1,000 2.70% 2.667% 180 Days' Dividends
36 months $1,000 3.00% 2.960% 270 Days' Dividends
48 months $1,000 3.00% 2.960% 270 Days' Dividends
60 months $1,000 3.00% 2.960% 270 Days' Dividends
22 months3 $1,000 2.25% 2.227% 180 Days' Dividends
44 months4 $1,000 3.15% 3.105% 270 Days' Dividends

 

High Yield Savings - Compare Your Savings

Compare Credit Union 1 with other financial institutions to see how much more you will earn. Enter in a daily balance and click Calculate to estimate your earnings.

Daily Balance
ANNUAL PERCENTAGE YIELD
Credit Union 1 1.95%
American Express 1.90%
Alliant Credit Union 1.80%
BCU 1.50%
DuPage Credit Union 0.75%
National Average 0.17%
PNC Bank 0.01%
Wells Fargo 0.01%
Chase 0.01%

Sourced directly from each bank listed:  American Express, Navy Federal Credit Union, Citibank, Chase, Bank of America, Fifth Third, BMO Harris, PNC, Wells FargoAPYs are accurate as of September 14th, 2022.

 

Set a savings goal and we will help you get there faster with rates among the nation's best. Earn high yields and keep the flexibility to withdraw funds when you need.

Features

  • Industry Leading Savings Rates
  • No monthly maintenance fees
  • Secure digital 24/7/365 access to your funds
  • Mobile Check Deposit3 available
  • Accounts insured up to $250,000

You deserve the best online High Yield Savings Account and Credit Union 1 has it. Our vision is to drive family and community success. We want your family and your community to have the best savings rates available to grow your funds faster. Move your money from another institution to a CU1 High Yield Savings Account and start earning 11X higher than the national average1 with our best savings account rate today.

Minimum Deposit to Open | $0

Minimum Balance to Earn Dividends | $1

Annual Percentage Yield1 | 1.95%

Monthly Service Fees | None

The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compounded monthly.

1National savings average rate courtesy of the FDIC's Weekly National Rates and Rate Caps, as of 8/31/2022; average rate used is for deposits under $100,000.

2Must be New Money and deposited into the High Yield Savings Account. “New Money” is defined as money not on deposit with Credit Union 1 within the last 12 months and transferred in from a different financial institution (no Credit Union 1 to Credit Union 1  balance transfers allowed at any time. Any funds transferred in this manner will be redeposited into the original account and earn at the current rate). Money removed from Credit Union 1, then redeposited within a 12-month period from the withdrawal, will not be eligible for the High Yield Savings Account Rate.

3Message and data rates may apply. Check with your mobile carrier for details.



Up to $500 Bonus(2) with 44-Month Share Certificate Limited-Time Offer: Open CU1’s Special 44-Month Share Certificate at 3.15% APY(1) and earn a bonus of up to $500(2) for qualifying deposits of new money.

 

Open Yours Today

 

Open a High Yield Savings Account in a way that works best for you.

Digital icon

Send a Secure Message
through digital banking
Login

find location icon

Visit your local CU1 branch

Find a Location

call center rep icon

Talk with our team
over the phone
Call 800.252.6950

 

View Rates

 

 

Last Dividend Declaration Date: August 31st, 2022. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.

1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

3

Special 22 Month Share Certificate is a limited time offer and may be cancelled at any time without notice. There is a $1,000 Minimum Balance to Open and Earn Dividends. Special 22 Month Share Certificate will automatically roll over when it reaches maturity to a 24-Month Share Certificate with a 10-day grace period where you can transfer the money to another Share Certificate or withdraw your money without penalty.

4

Special 44 Month Share Certificate is a limited time offer and may be cancelled at any time without notice. There is a $1,000 minimum balance to open and earn dividends. Special 44 Month Share Certificate will automatically roll over when it reaches maturity to a 48-Month Share Certificate with a 10-day grace period where you can transfer the money to another Share Certificate or withdraw your money without penalty.

Close