bank rates

Earn 2.8% On CD Rates In Washington

Department of Commerce Federal Credit Union offers its CD rates with a $500 minimum deposit.Whoa. The Department of Commerce Federal Credit Union has five amazing CD rates available to all D.C. savers.

With a $500 minimum deposit, it’s paying:

  • 1.45% APY for 18- to 23-month CDs.
  • 1.65% APY for 24- to 35-month CDs.
  • 2.05% APY for 36- to 47-month CDs.
  • 2.50% APY for 48- to 59-month CDs.
  • 2.80% APY for 60- to 84-month CDs.

I’m not even sure where to start.

Its 60-month CD rates are the best of the bunch, coming in more than eight-tenths of a percentage point higher than its term leader on our CD Rates Leaderboard.

Its 36-month CD rates are half of a percent better; its 24-month CD rates, nearly four-tenths.

You have to be a member of the Department of Commerce Federal Credit Union to buy these certificates of deposit.

Membership is available to anyone who lives, works, worships or attends school in Washington, D.C., as well as those employed by the Department of Commerce (with a few exceptions listed on the website) or the National Oceanic and Atmospheric Administration.

Membership requires a $5 deposit in a share account.

Members can buy CDs over the phone, online or in person.

The Department of Commerce Federal Credit Union has two branches, in the Herbert C. Hoover Building at 14th and Constitution Avenue in Washington, D.C., and at 1325 East West Highway in Silver Spring, Md.

Learn more about Department of Commerce Federal Credit Union at or call 888-626-9845.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (1)
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One Existing Comment
  1. Kathy at Bankaholic said:
    on March 5th at 09:11 am

    All of these rates are still available.