NEW YORK–With the average rate nationally on one-year CDs averaging around 1.75%, a number of credit unions remain well above 5% APY, with some topping more than 9%, a new report has found.
According to Bankrate.com, credit unions that are included among the 10 best rates for certificates in June 2025 include:
California Coast Credit Union: Up to 9.50% APY
“The 95th anniversary celebration continues at California Coast Credit Union,” Bankrate.com stated. “That means 9.50% APY is still available with a five-month certificate, nearly double what many other top-earning accounts promise right now. That said, taking advantage of this offer involves a few critical hoops: a minimum $500 deposit of new money, and a maximum opening deposit of $3,000. Since this is a credit union, you’ll also have to become a member to open the account…”
Financial Partners Credit Union: Up to 6.00% APY
“New members here can still earn one of the highest available rates at 6.00% APY with an eight-month promotional certificate,” Bankrate.com explained. “It should be mentioned though, this is for balances of $1,000 to $5,000 only. Also, to join the credit union, you’ll need to live in Los Angeles, Orange, Riverside, San Diego, San Francisco or Alameda, Calif.”
Civic Federal Credit Union: Up to 5.50% APY
“There is a low $250 minimum deposit required to open a share term certificate at Civic FCU, formerly Local Government Federal Credit Union,” Bankrate.com reported. “For accounts with 18-month maturity dates, one-time balances exceeding that amount promise a high 5.50% APY. Like most credit unions, though, this rate is only available to members of this Raleigh-North Carolina-based institution.”
California Coast Credit Union: Up to 5.00% APY
“For those qualified for the very highest earning Celebration Certificate at California Coast Credit Union, but who also have more than the $3,000 maximum deposit restriction, the credit union is also offering up to 5.00% APY for its Take 5 Certificate,” Bankrate.com said. “This is a five-month certificate that has a $500 minimum opening deposit required and a maximum deposit capped at $5,000. You also have to be a new member to the credit union with new money, not already deposited with an existing account.”
5Point Credit Union: Up to 4.76% APY
“Those eligible for a membership at 5Point Credit Union can indeed earn up to 4.76% APY,” according to Bankrate. “The minimum opening balance requirement, however, is $99,000. Membership requirements here include living, working or attending school in one of a number of eligible locations in Texas, or through a family or household member who is already a member.”
Justice Federal Credit Union: Up to 4.60% APY
“The 13-month jumbo share certificate here promises up to 4.60% APY. Like the name suggests, depositors will need to bring at least $100,000 as well as open either a Justice National checking account or Beyond Badge Account with the credit union (both of which require a $25 minimum opening deposit),” according to Bankrate. “While this is indeed a great offer for anyone in the market for a jumbo account, membership here is only extended to employees of the Department of Justice, Homeland Security, Georgia Department of Public Safety, the City of Bridgeport, W.V.; donors; or members of Concerns of Police Survivors (C.O.P.S.).”