Alabama Credit Union is offering some of the best CD rates available these days. As with any credit union, you’ll have to join Alabama Credit Union to open a certificate of deposit.

For more information on becoming a member and applying visit: Join Credit Union.

The credit union is offering certificate of deposit accounts between 6 months and 5 years. Certificates of deposits are also available for IRA accounts. All CD accounts have a minimum opening deposit of $500 expect for the 7 months CD which has a minimum deposit of $5,000.

Here is the current CD rates and yields:

• 6 months CD 1.25% rate 1.25% APY
• 7 months CD 1.50% rate 1.50% APY  $5,000 min
• 12 months CD 1.60% rate 1.61% APY
• 15 months CD 1.75% rate 1.76% APY
• 24 months CD 1.75% rate 1.76% APY
• 30 months CD 1.90% rate 1.91% APY
• 36 months CD 2.00% rate 2.02% APY
• 48 months CD 2.50% rate 2.52% APY
• 60months CD 2.75% rate 2.78% APY

When you join the credit union you’ll also have to open a savings account with a $25 deposit. There is also a $1 membership fee. All certificates of deposit are insured by the NCUA.

For more information visit Alabama Credit Union: Alabama Credit Union