bank rates

Alliant CU Offers Solid 2-Year CD Rates

It pays 1.40% APY with a $1,000 minimum deposit.Not only does Alliant Credit Union, the sixth-largest credit union in the United States, score way above average for its CD rates, anyone can become a member.

The Chicago-based credit union’s best deal is its 24-month CD, which beats its term leader on our CD Rates Leaderboard by a tenth of a percentage point.

It pays 1.40% APY, requires a $1,000 minimum deposit and is good for terms between 24 and 35 months.

The average rate large banks and thrifts offer for 24-month CDs is a significantly lower 0.52%.

Alliant Credit Union’s other rates for deposits up to $24,999:

12- to 17-month CD rate is 1.00% APY versus an average rate of 0.34% APY. (Leaderboard leader is 1.15% APY.)

36- to 47-month CD rate is 1.60% APY versus an average rate of 0.67% APY for 36-month CDs. (Leaderboard leader is 1.65% APY.)

48- to 60-month CD rate is 1.90% APY versus an average rate of 1.15% APY for 60-month CDs. (Leaderboard leader is 2.00% APY.)

Jumbo certificates, which require a $25,000 minimum deposit, add a tenth of a percentage point to those CD rates.

Alliant Credit Union has more than 280,000 members and has consistently offered some of the best 12- to 24-month CD rates in the nation over the last couple of years.

Membership is available to those who live or work in a handful of Chicago suburbs and at Chicago’s O’Hare International Airport or who are employees or members of a qualifying organization. All are detailed on the website (

You can also join the credit union by becoming a member of Foster Care to Success. This requires a minimum donation of $10.

Membership in Alliant Credit Union requires a $5 deposit in a share account.

Members can buy CDs online, over the phone, by mail or in person at one of Alliant Credit Union’s 15 service centers, which are located in Chicago and its suburb of Des Plaines; Denver and Houston; El Segundo, Calif., near Los Angeles International Airport, and in the San Francisco Bay area; Newark, N.J.; Tempe, Ariz., and at Dulles International Airport in Dulles, Va.

Compare Alliant Credit Union’s returns with the best CD rates from scores of other banks in our extensive database.

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Comments (1)
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One Existing Comment
  1. Kathy at Bankaholic said:
    on January 15th at 10:35 am

    These rates are all still available.