Discover top credit unions offering the best 5-year CDs with competitive rates and solid financial stability. Learn about leading institutions and choose the right long-term savings option for your financial goals, backed by strong asset quality and safety credentials.

A 5-year Certificate of Deposit (CD) is one of the longest-term savings solutions offered by many financial institutions. These accounts typically provide higher interest rates to reward depositors for their extended commitment. Savers opt for 5-year CDs to lock in attractive yields and hedge against potential interest rate increases, especially after recent economic downturns caused rates to drop. Choosing a reputable credit union with competitive rates ensures safer, more profitable long-term savings strategies.

Highlighted below are some credit unions known for offering competitive 5-year CD deals:

CommunityWide Federal Credit Union

Founded in 1967, CommunityWide Federal Credit Union manages assets around $410.9 million (2017). It employs about 77 staff, holds $362.6 million in loans, and has 47,332 members with shares totaling $281.3 million. The credit union's strong capital ratio of 24% reflects its stability and safe environment for members.

Mountain America Credit Union

Established in 1936 in West Jordan, Utah, Mountain America boasts over $7.09 billion in assets (2017). With nearly 1,686 employees, it manages $6.13 billion in loans. Despite a capital ratio of 10%, its high asset quality makes it a reliable choice for attractive 5-year CD rates.

Connexus Credit Union

Based in Wausau, Wisconsin, and founded in 1935, Connexus held $1.69 billion in assets at the end of 2017. It has 255 employees, $1.05 billion in loans, and 305,795 members holding $1.34 billion in shares. Its 12% capital ratio and excellent asset quality confirm its safety and dependability.

United States Senate Credit Union

Founded in 1935 in Alexandria, VA, this institution reported $673.8 million in assets in 2017. With 106 staff members, it manages $516.2 million in loans and serves 34,809 members with shares totaling $589.1 million. Its strong asset quality and 14% capital ratio underscore its stability and trustworthiness.

Important Note:

The data presented is based on recent research and available information. Due to economic fluctuations, interest rates and offerings may change. Consult a financial professional for personalized advice before investing, as market conditions vary and individual circumstances differ.