Deal Summary:

Citizens Equity Federal Credit Union’s best and longest certificate of deposit offer is 5 years for .75% APY. The certificate has a minimum deposit of $1000. Interest is credited monthly and paid out at the end of the term.

CEFCU CD options

The second longest term and highest paying certificate of deposit with CEFCU is 4 years at .6% with a $1000 minimum deposit.

We also offer certificates for under a year, including 3 and 6 months for shorter term investments with an APY of .10% and .15% respectively.

Citizens Equity Federal Credit Union also offers a unique option for people who don’t want to invest much cash. Our MySave Certificates offer a .25% APY, but have only a $5 opening balance with a maximum of $1000. These are meant to encourage smaller investors. CEFCU otherwise encourages customers to deposit as much as they would like, as a certificate of deposit is considered one of the lowest risk investments available for those who don’t need their cash on hand. Early withdrawal of a CD often incurs a penalty.


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.


We have 27 locations across Illinois and California with a focus on Bloomington and Peoria in Illinois and San Francisco, California.

Bank Overview

Citizens Equity Federal Credit Union has more than 330,000 members. We started our credit union in 1937. Our goal is to provide a better value over regular banks while investing our energy and time into our communities, which are the center of financial growth and individual well being. While CEFCU is located in a couple states, we are open to national membership while we place our focus on the communities around us. One of our goals as a credit union is to help our members gain financial literacy. This means educating our customers on products while helping them prepare for the future. We do this by offering smart investments and products based on your needs.

We also outreach to our community. Our Illinois locations engage in Penny Wars to help the United Way. The goal? We use a point system assigned to coin types. The manager with the lowest point total gets a pie in the face. The three participating offices raised over $300 in one month just from in person donations and customers helping decide who would get a pie in the face. CEFCU is also a fundraiser pacesetter for United Way, and one of the first to have a kickoff during United Way’s fiscal year of fundraising. We are proud to do this and help our local community in any way we can. Our employees are also encouraged to volunteer on company time while serving for local organizations that impact the community.