Iowa’s largest credit union isn’t just for Iowans anymore.
Veridian Credit Union now offers its certificates of deposit to savers nationwide and has three that are definitely worth considering:
- 1.40% APY on 15 months.
- 1.80% APY on 25 months.
- 1.75% APY on 39 months.
All require a $1,000 minimum deposit and handily beat the top nationally available rates from the banks on our CD Rates Leaderboard, which range from 1.26% to 1.66% APY for 1- to 3-year terms.
A search through Bankrate’s extensive database of the day’s best CD rates is still smart before you lock into any certificate, but these Veridian offers will be tough to beat.
Membership in the credit union used to be limited to residents of 45 Iowa and Nebraska counties. But Veridian has since opened an eligibility avenue for savers living anywhere.
All it takes is to register with Dwolla, a digital payment service that facilitates transfers between bank and credit union accounts. Registration can be handled on Veridian’s website.
Setting up the user account is free, and there are no per-transaction fees. However, actually making any transactions with Dwolla is not required to secure Veridian membership.
Joining the credit union and opening its certificates of deposit can be done online or at more than two dozen branches throughout Iowa.
For more than a hundred additional offers that beat the top national bank rates, visit our constantly updated roundup of the best-paying credit union and community bank CDs around the country.