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Veridian’s Credit Union Announces Special 39-Month CD

Veridian Credit Union Logo

Veridian Credit Union, Iowa’s largest credit union by membership, recently introduced a very competitive 39-month CD special.

With a $1,000 minimum deposit, savers can earn 2.30% APY on a 39-month CD. That APY bumps up to 2.40% on a jumbo CD with a $100,000 minimum deposit at the same 39-month term.

That matches the top nationally available 3-year CD, which is currently paying 2.40% APY. And it’s nearly as high as the top nationally available 4-year CD, paying 2.50% APY.

Of course, Veridian Credit Union’s CDs are generally competitive. It has at least a few other certificates of deposit worth considering:

  • 1.31% APY on 7-months.
  • 1.51% APY on 9-months.
  • 1.81% APY on 15 months.
  • 1.91% APY on 25 months.

All require a $1,000 minimum deposit and either beat out or compete with the top nationally available rates from the banks on our CD Rates Leaderboard

Notably, there’s a 10 percentage point increase on each of the terms listed above for a jumbo CD from Veridian with a $100,000 minimum. For example, the 15-month jumbo CD would pay 1.91% APY instead of 1.81% APY.

Of course, 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 requirements 

Membership in the credit union used to be limited to residents of 45 Iowa and Nebraska counties. But now it has expanded to 99 Iowa counties and six Nebraska counties.

And somewhat recently Veridian opened an eligibility avenue for savers living anywhere.

All it takes is to register with Dwolla. While Dwolla now focuses on providing an API to help businesses move money, personal Dwolla accounts are still available to qualify for Veridian membership.

Setting up the user account is free, and there are no per-transaction fees.

If you don’t want to register with Dwolla, you can also join if:

  • You live or work within the credit union’s field of membership.
  • You’re an employee of a business located within its field of membership.
  • You are family or household members of current members.
  • You are an individual with a disability (as defined by the Americans with Disabilities act of 1990) and living in the state of Iowa.

Joining the credit union and opening its certificates of deposit can be done online or at 31 branches throughout Iowa and Nebraska. Veridian will open its 32nd branch in Omaha on March 5, 2018.

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