bank rates

Quorum FCU Offers Coast-To-Coast Deal On 10- And 3-Month CD Rates

Pink piggy bank with glasses on top of books in front of chalk board

With the Federal Reserve sitting on any further rate increases for now, short-term CDs can hold special appeal for savers waiting to see what transpires over the coming year.

If you’re of that mindset, Quorum Federal Credit Union has two outstanding offers on tap, no matter where you live.

It’s offering 1.06% APY on 3-month certificates of deposit, and 1.40% APY on 10-month CDs. Both require a minimum investment of $1,000.

A look at our CD Rates Leaderboard of the top nationally available bank yields shows that the best 3-month CD rate is 0.83% APY, while the top 1-year CD rate is 1.26% APY, making winners of both of these Quorum deals.

A search through Bankrate’s extensive database of the day’s best CD rates is still always smart, though, as new offers can appear quickly. But right now, these yields will be hard to beat.

We love deals from Quorum because it’s one of the easiest credit unions in the country to join.

Although anyone who works for 80+ affiliated employers is eligible, anybody can become a member by simply checking a box on their Quorum application to join either the American Consumer Council or the Select Savers Club.

In both cases, Quorum will cover the association membership paperwork and fee on your behalf.

Quorum doesn’t operate any of its own branches, so joining and opening a CD can be done most easily online. It can also be handled by phone and mail.

For over a hundred more deals that beat our national bank Leaderboard, check back regularly at our constantly updated roundup of the best-paying credit union and community bank CDs across the country.

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