redstoneRedstone Bank reports that they offer shared, jumbo and members-only and members-only plus rates for both certificate of deposit types as well. Non-bank members can expect Redstone CD bank rates a .10% rate for a 6-month jumbo certificate in 2019, according to their website while a member receives a .36% rate for the same type of CD. Membership is based on employment or membership to certain companies and local churches.

For a 36-month regular share certificate with a minimum of $100,000 to open, their CD rate of .95% is above the national average is .82%. Interest can also be withdrawn before maturity with this large CD. According to Bank Rate, the 1 year CD rates have changes from .07 to 1.05%. The 2-year CD and 5-year CD rates have also lowered as well.

Redstone Federal Credit Union was founded in 1951 and is one of the 25 largest credit unions in the nation. More than 1,400 different organizations, employers and clubs offer membership to members or employees as well as their families.