bank rates

Salt Lake City Deal On 5-Year CDs

TransWest Credit Union pays 2.00% APY.Finding CD deals in Utah is tough, which makes TransWest Credit Union’s special 60-month CD rates worth a post.

It pays 2.00% APY with a $1,000 minimum deposit.

That beats the top nationally available deal on our CD Rates Leaderboard by nearly a tenth of a percentage point.

But you have to be a member of TransWest Credit Union to purchase these certificates of deposit. Membership is open to residents of Salt Lake County as well as employees of the Union Pacific Railroad, Kennecott Utah Copper and US Magnesium. Current members’ immediate family members can also join.

Membership requires a $25 deposit into a savings account.

Members can buy CDs over the phone if the funds are available in their account. Otherwise, they need to visit a branch in person.

There are four locations, in Magna, Salt Lake City, Sandy and Taylorsville.

Learn more about TransWest Credit Union at www.transwestcu.com or call 800-487-1692.

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

If you have any experience with TransWest Credit Union, good or bad, we’d love to hear about it. Just go to the “Comments” box below and start writing. You don’t have to sign in or join anything.

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