Typically with Certificate of Deposit accounts, the higher the term + the higher the deposit, the higher in returns you’ll receive. Now, Hughes Federal Credit Union is currently offering their Term Share Accounts at 0.60% APY for a 6-month’s term to 1.66% on a 36 month’s term. Lets not forget that their Jumbos earn 0.80% APY for 6-months to 1.87% on their 36 months JUMBO.
Note that the deposit requirement for both accounts vary significantly. You should expect a $1,000 minimum deposit requirement on the regular Term Share account vs. $99,999 for the Jumbo Term Share account. You can also take a look at their Mini-Jumbo accounts which requires a $50,000 in minimum deposit value. Also, note that there is a substantial penalty for early (premature) withdrawal of Term Share Account funds.
|Synchrony Bank is offering one of the best competitive rates for their various CD terms. Synchrony Bank offers 3-Month CDs to 60-Months CDs from 0.25% APY to an impressive 2.35% APY! The minimum deposit to open an of the CD accounts is $2,000. Hurry and take advantage of these great CDs rates today! Apply Now--- Synchrony Bank CD Review|
|CIT Bank is offering a competitive rate of 1.32% APY on a 1-Year CD . To sign up with CIT Bank, you are only required to be at least 18 years old and be a U.S. citizen. Be sure to have a check or bank account number to electronically transfer money into your new CD account. With a wide range of CD lengths, you get to choose which account fits you the best! Apply Now--- CIT Bank CD Review|
|BBVA Compass is now offering their 12-Month Certificates of Deposit (CDs) with a high rate and competitive rate of 1.40% APY. In order to obtain this amazingly high CD APY Rate, you must open a new BBVA Compass CD account and have a minimum opening deposit of $500 established. CDs will give you high interest rates for long term saving and BBVA Compass CD offers FDIC Deposit Insurance up to $250,000 per individual account holder, 24/7 online account access, and so much more. So don't wait and take advantage of this high CD rate today! Apply Now--- BBVA Compass CD Review|
|EverBank is offering nationwide a range of attractive rates of 2.30% APY on a 60-Month CD with an initial deposit as low as $5,000. With Everbank, you don't have to worry about any impending fees as they offer you features such as no monthly account fee and daily compounded interest.|
Hughes Federal Credit Union Certificate of Deposit Summary:
- Apply Now
- Account Type: CD account
- APY Rates:
- Standard CD:
- 0.60% – 6 Month CD
- 0.85% – 1 Year CD
- 1.16% – 2 Year CD
- 1.51% – 29 Months CD
- 1.66% – 3 Year CD
- Mini-Jumbo CD:
- 0.70% – 6 Month CD
- 0.95% – 1 Year CD
- 1.26% – 2 Year CD
- 1.61% – 29 Months CD
- 1.77% – 3 Year CD
- Jumbo CD:
- 0.80% – 6 Month CD
- 1.06% – 1 Year CD
- 1.36% – 2 Year CD
- 1.71% – 29 Months CD
- 1.87% – 3 Year CD
- Availability: Nationwide
- Soft/Hard Pull: Unknown
- Minimum Balance Requirement:
- $1000 for Standard Share Certificate
- $50,000 for Mini Jumbo
- $99,000 for Jumbo Share Certificate
- Early Withdrawal Fee: Penalty if you withdraw before the maturity date.
- Auto-Renewal: Unknown
Hughes Federal Credit Union Best CD Rates:
Hughes Federal Credit Union doesn’t exactly have the best range of terms on their Certificate of Deposit products (6-36 months), however, they really do make up for it with their Mini-Jumbo and Jumbo CD products which earns one of the best rates nationwide. In fact, he account ranks very competitively on our compiled list of 2 Year CDs, 3 Year CDs. All you have to do is accomplish $50,000 in minimum deposit value for Mini-Jumbo rates and $99,999 for Jumbo rates! Now, it’s still necessary to keep in mind that rates do change very unpredictably.
Hughes Federal Credit Union CD Account Features:
- Invest for 6, 12, 24, 29, 36, months
- $1,000 minimum deposit; $50,000 for Mini-Jumbo; $99,999 for Jumbo
- Guaranteed interest rates
- Insured up to $250,000 by NCUA.
Although Hughes Federal Credit Union doesn’t necessarily have the most lengthy or flexible CD terms, they offer something a little more unconventional from typical Certificate of Deposits and by that, we mean that they have 3 different types of competitive CDs: Standard, Mini-Jumbo, and Jumbo with rates from 0.60% for a 6 month’s CD to 1.87% for their 3 years (36 month) CD. Note that there is a substantial penalty for early (premature) withdrawal of Term Share Account funds. If you are not currently interested, be sure to see our complete list of the Best National CD Rates for all your Certificate of Deposit needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
|Wells Fargo Propel American Express® Card, is offering you a chance to earn 20,000 bonus points when you spend at least $1,000 within the first 3 months of account opening. With this card you will earn 3X points at U.S. Gas Stations, 2X points at U.S. Restaurants, and 1X point on all other net purchases. On top of the great perks, there is $0 Annual Fee and 0% Intro APR for 12 months on purchases and balance transfers, then a 13.99%-25.99% variable APR; balance transfer fees apply. Apply Now---Wells Fargo Propel Amex Review|