CEFCU, or the Citizens Equity First Credit Union is making the financial pathway comprehensive for the authorities. So that it would build confidence for the consumers to raise the investment standards. To familiarize you with the certificate of deposit options for Citizens Equity First Credit Union, here is the quick overview is as follows;

CEFCU CD Rates Offers

The specialty perspective for CEFCU CD Rates is as follows;

3-Month CD


  • Term: 3 months
  • APY: 4.00%
  • Dividend Rate: 3.93%
  • Minimum Balance: $1,000

Key Considerations

  • Relatively competitive APY for a short-term investment period.

6-Month CD


  • Term: 6 months
  • APY: 4.50%
  • Dividend Rate: 4.41%
  • Minimum Balance: $1,000

Key Considerations

  • This is a good term for those looking for competitive rates while keeping investments relatively short-term.

12-Month CD


  • Term: 12 months
  • APY: 4.25%
  • Dividend Rate: 4.17%
  • Minimum Balance: $1,000

Key Considerations

  • Lower Annual Percentage Yield of 4.25%.
  • Good for investors looking for longer terms.

12-Month Jumbo CD


  • Term: 12 months
  • APY: 4.30%
  • Dividend Rate: 4.22%
  • Minimum Balance: $100,000

Key Considerations

  • Offers longer term investment for individuals looking to make larger deposits.
  • CEFCU also offers shorter and longer term versions of the Jumbo CD.

Are CEFCU CD Rates Competitive?

CEFCU CD rates for different minimum balances and terms appear to be competitive within the current market.

However, the competitiveness of CD rates can vary, and individuals should compare these rates with those offered by other financial institutions to ensure they are getting the best possible returns on their investment.

How do CEFCU CD Rates Compare?

In comparison to other financial institutions, CEFCU CD rates, with a tiered structure based on minimum balances, demonstrate competitive offerings. The rates provided for different minimum balances align with or surpass industry standards.

Whereas, the competitiveness of CD rates can be influenced by factors such as market trends, economic conditions, and the specific terms offered by other banks and credit unions.

Therefore, individuals seeking the most competitive CD rates should conduct a thorough comparison with other financial institutions to make informed decisions based on their financial goals and preferences.

Overview CEFCU CD Bank

CFCU Community Credit Union first opened back in 1953 and is rooted in the FingerLakes Region of New York State. CFCU Community Credit Union was formerly known as Cornell Federal Credit Union and it served the employees of Cornell University. Cornell University became Cornell FingerLakes Credit Union in 1997. The final transition took place in 2003 when Cornell FingerLakes Credit Union finally became what it is known as today, CFCU Community Credit Union.

In 2007, CFCU Community Credit Union expanded and it now serves Tompkins, Cortland, Cayuga, Ontario, and Seneca County. CFCU Community Credit Union also serves businesses and organizations located in these counties as well. This means that anyone who lives, works, attends school, maintains a business, or worships in these counties is eligible to become a member.

Today, CFCU Community Credit Union has 11 current locations with more than 70,000 members and it also has over $1 billion in assets. CFCU Community Credit Union is proud to be one of the largest credit unions in New York State.


Become a member of CEFCU and you can enjoy all the benefits of a local credit union as well as access to our certificates of deposit. Joining is easy in person, over the phone, or online.

Locations CEFCU Bank

Branches in California

CFCU currently does not have branches in California. All of their current branches and locations reside in New York.

Frequently Asked Questions

What is the maximum CD term available?

The maximum term is 60 months.

Can I add additional funds to the CD after the initial deposit?

Additional deposits are generally not allowed; the initial deposit sets the terms.

What happens at the end of the CD term?

The CD may automatically renew; if not then the customers are required to discuss the further plan with the authorities.

Can I withdraw funds from the CD before the maturity date?

Yes, but penalties may be imposed for early withdrawal.

Are there fees associated with the CD that could impact earnings?

Yes, fees may be applicable, and they could reduce overall earnings.