Virginia-based ABNB Federal Credit Union has special jumbo CD rates – without typical jumbo deposit requirements – for its South Hampton Roads members.
With a minimum deposit of $20,000 (less than typical jumbo deals), it pays:
- 1.55% APY for 39-month CDs.
- 2.55% APY for 63-month CDs.
Both beat the top nationally available CD rates for their closest terms on our CD Rates Leaderboard. But that 63-month CD rate is two-fifths of a percentage point better than the current 60-month lead rate.
With a $100,000 deposit, those rates boost to 1.60% APY and 2.60% APY.
You have to be a member of ABNB Federal Credit Union to purchase these certificates of deposit.
Membership is open to anyone who lives, works, worship or studies in the South Hampton Roads community: Norfolk, Suffolk, Portsmouth, Virginia Beach, Chesapeake and Franklin, as well as Isle of Wight and Southampton counties in Virginia; and Currituck County in North Carolina.
Membership at ABNB Federal Credit Union requires a $5 deposit in a share savings account.
Members can buy CDs online or in person at one of the credit union’s 14 branches.
Thirteen of the branches are in Virginia, in Chesapeake, Norfolk, Suffolk and Virginia Beach, and one is in Moyock, N.C.
Learn more about ABNB Federal Credit Union at www.abnbfcu.org or call 757-523-5300.
See how these returns compare with the best CD rates from scores of banks in our extensive database.