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CDs offering 6% APY are available at several credit unions.
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A few local credit unions have CDs paying 6% APY or more.
To open a 6% APY CD, you may need to meet certain eligibility requirements.
There are also banks and credit unions with CDs paying over 5% APY, and they’re available nationwide.
While many CDs pay above the national average right now, finding a financial institution that offers 6% APY (Annual Percentage Yield) or more on a CD is pretty rare.
There isn’t a nationwide bank that’s offering a 6% CD right now, but there are a couple of credit unions offering CDs reaching 6% APY or more (although you’ll need to meet their membership eligibility requirements).
See if you qualify for a 6% interest CD. And don’t worry if you aren’t eligible — the best CD rates nationwide are still well above 5% APY.
Certificates of deposit with at least 6% interest
Institution
TermHighest APY Available
Financial Partners Credit Union 8 Month CD Special – Brand Name
8 months
Financial Partners Credit Union 8 Month CD Special – APY
ACMG Federal Credit Union
12 months
6.00%
City Credit Union 12 Month CD – Brand Name
12 months
City Credit Union 12 Month CD – APY
Credit Human 12 Month Share Certificate – Brand Name
12 months
Credit Human 12 Month Share Certificate – APY
Compare other high-yield CDs
If you don’t meet the membership eligibility requirements at any of the above credit unions, bear in mind that various CDs offer 5% interest.
Featured Nationally Available Deposit Rates
These accounts all offer at least 5% APY on deposits.
Western Alliance Bank 16 Month No-Penalty CD – Product Name Only: Western Alliance Bank 16 Month No-Penalty CD – APY APYCIT Bank 6 Month Term CD – Product Name Only: CIT Bank 6 Month Term CD – APY APYPonce Bank 9 Month CD – Product Name Only: Ponce Bank 9 Month CD – APY APYWestern Alliance Bank 1 Year CD – Product Name Only: Western Alliance Bank 1 Year CD – APY APYSallie Mae 14 Month CD – Product Name Only: Sallie Mae 14 Month CD – APY APYDiscover 18 Month CD – Product Name Only: Discover 18 Month CD – APY APYValley Direct 3 Year Variable CD – Product Name Only: Valley Direct 3 Year Variable CD – APY APYUFB High Yield Savings – Product Name Only: UFB High Yield Savings – APY APY
Compare 6% CDs
Several banks and credit unions offer a CD paying 6% APY. Read more about the opening requirement for each financial institution, below.
Financial Partners Credit Union
Financial Partners Credit Union is a Southern California-based financial institution. The credit union is offering an 8-month CD special paying Financial Partners Credit Union 8 Month CD Special – APY APY to new members (one CD per new member only). The CD has a minimum opening deposit of Financial Partners Credit Union 8 Month CD Special – Minimum Deposit and a maximum opening deposit of $5,000.
You must become a member to open a Financial Partners Credit Union account. Membership is open to anyone who lives, works, or goes to school in select areas in Southern California (Los Angeles County, Orange County, Riverside County, San Diego County, the City of South San Francisco, or Alameda) or works for a select employer group.
ACMG Federal Credit Union
ACMG Federal Credit Union, a financial institution with two locations in New York, is offering 6.00% APY on a 12-month share certificate.
You must become a member of ACMG Federal Credit Union to open a CD. Membership eligibility is open to anyone who lives, works, or goes to school in select areas in Syracuse, New York; immediate family members or household members of current ACMG members; students who attend Solvay School District or Holy Family School; members of select partner organizations, or employees from select employer groups.
City Credit Union
City Credit Union serves residents in North Texas. It’s offering City Credit Union 12 Month CD – APY APY on a 12-month CD.
You’ll have to meet certain membership eligibility requirements to open a CD at City CU. Membership is open to anyone who lives, works, worships, or goes to school in an eligible Texas county (Dallas, Collin, Denton, Tarrant, Rockwall, Kaufman, Ellis, Grayson, Cooke, Hunt, Parker, Wise, or Johnson). A minimum opening deposit of City Credit Union 12 Month CD – Minimum Deposit is required to open the CD.
Credit Human Credit Union
Credit Human 12 Month Share Certificate – Brand Name is also offering Credit Human 12 Month Share Certificate – APY APY on a 12-month CD.
To become a member of Credit Human 12 Month Share Certificate – Brand Name, you or a family member must be an employee of an employer or organization partner; live, work, worship or attend school in a San Antonio, TX or New Orleans, LA service area; study at a trade school, college or university partner; are a veteran, retiree, or active duty member of the US Armed Forces or National Guard; or become a member of the American Consumer Council.
6% interest CDs FAQs
How much interest will $25,000 earn in a 6% CD?
If you deposit $25,000 into a 1-year CD paying 6% APY, you’d earn around $1,500 in one year.
Is 6% for a CD good?
Yes, 6% APY for a CD is an excellent rate. Average CD rates are significantly lower than 6% APY.
What bank is paying 6% on CDs?
There are a couple of credit unions paying 6% APY on a CD, including (but not limited to) Financial Partners Credit Union and ACMG Federal Credit Union. You’ll have to meet certain eligibility requirements to join these credit unions, though.
