Rhode Island Credit Unions with the Best CD Rates
If you belong to a credit union or are curious about joining one, you should know that they can offer some of the highest CD rates in Rhode Island. For anyone interested in locating a certificate of deposit with a competitive rate, credit unions are a great place to start.
Credit unions are different from banks because they are not-for-profit, owned by members and the field of membership is limited to a set of particular requirements. Membership eligibility is different for each one, but there’s bound to be a Rhode Island credit union you qualify to join. Below are the credit unions in the state that are presently offering the highest rates on CDs.
Credit Unions with the Best 6-Month CD Rates in Rhode Island
- Cranston Municipal Employees Credit Union: 0.75%
- Greenwood Credit Union: 0.7%
- Alliance Blackstone Valley Credit Union: 0.65%
Highest 12-Month CD Rates from Rhode Island Credit Unions
- Cranston Municipal Employees Credit Union: 1.1%
- Kent County Memorial Hospital Emp. Credit Union: 1.05%
- Greenwood Credit Union: 1%
Rhode Island Credit Unions with the Best 24-Month CD Rates
- Greenwood Credit Union: 1.5%
- Cranston Municipal Employees Credit Union: 1.5%
- Alliance Blackstone Valley Credit Union: 1.25%
Please note that these rates are accurate as of May 20, 2011 but are subject to change at any time.
