Monterey Credit Unions with the Best CD Rates
If you belong to a credit union or are curious about joining one, you should know that they can offer some of the highest CD rates in Monterey. For anyone interested in locating a certificate of deposit with a competitive rate, credit unions are a great place to start.
Credit unions are different from banks because they are not-for-profit, owned by members and the field of membership is limited to a set of particular requirements. Membership eligibility is different for each one, but there’s bound to be a Monterey credit union you qualify to join. Below are the credit unions in the city that are presently offering the highest rates on CDs.
Credit Unions with the Best 6-Month CD Rates in Monterey
- Commonwealth Central Credit Union: 0.25%
- Santa Cruz County Employees Credit Union: 0.25%
- Coast-Tel Credit Union: 0.2%
Highest 12-Month CD Rates from Monterey Credit Unions
- Central Coast Credit Union: 0.6%
- Bay Credit Union California: 0.4%
- Commonwealth Central Credit Union: 0.4%
Monterey Credit Unions with the Best 24-Month CD Rates
- Bay Credit Union California: 1.01%
- Central Coast Credit Union: 0.85%
- Commonwealth Central Credit Union: 0.6%
Please note that these rates are accurate as of May 20, 2011 but are subject to change at any time.
