Certificate Rates (CD Rates) at Freedom Credit Union
Just over two years ago we did a review of Freedom Credit Union and the certificate rates (CD rates) the credit union was offering. At the time Freedom Credit Union was offering certificate rates that were some of the best rates available from any credit union in Pennsylvania which is where Freedom CU is based. In fact their rates were so good the best CD rates at banks were not as good.
Back in 2010 Freedom credit union 12 month certificate rates were at 1.54 percent with an APY of 1.55 percent. The highest CD rates at banks were just under 1.50 percent. Today's 12 month certificate rates at Freedom are at 0.70 percent with an APY of 0.70 percent. Current 12 month bank CD rates are averaging only 0.26 percent in the FDIC's weekly survey this week.
All CD rates at banks and credit union CD rates have been going lower the past several years so Freedom offering rates at less than half they were two years ago isn't unusual. The highest CD rates on 1 year certificates of deposit are just above 1.00 percent which makes Freedom's 1 year rate still competitive at 0.70 percent.
Current Certificate Rates at Freedom Credit Union
At this point in time you're best bet is probably to stay with certificate terms of 1 year or less since rates are so low. Before investing in a credit union share certificate you must join the credit union. You also have to be eligible to join any credit union. You can see how Freedom Credit Union's rates compare to all bank CD rates by using our rate tables below.
CD CalculatorsCD Ladder Calculator
Recent CD Rate Articles
Savings RatesSavings Accounts
Bank Savings Accounts
Credit Union Savings Accounts
Mortgage RatesMortgage Refinance Rates
Bank Mortgage Rates
Credit Union Mortgage Rates
CD Rate Archives
CD InformationJumbo CD Rates
Using a CD Calculator
FDIC Certificate of Deposit Insurance up to $50 Million
Direction of CD Rates in 2010
CD Rates by RatesORama
Historical CD RatesCD Rates from American Express Bank
Top 12 Month CD Rates
Top 18 Month CD Rates
Three Month CD Rates and CD Yields
AIG Bank CD Rates
Bank CD Rates - January 5, 2009
Ally Bank CD Rates
Discover Bank CD Rates
ING Direct CD Rates
Average CD Rates
CD Rates - Current 12 Month Bank CD Rates