Virginia Credit Union CD Rates
In a horizon where interest rates play a pivotal role, Virginia Credit Union stands out as a revolutionized institute. It offers a wide range of CDs that not only promise competitive returns but also meet diverse timelines.
Whether you need short-term gains or a strategic blend of flexibility and growth, the credit union’s CD rates provide a compelling proposition.
Let’s dig into the details of Virginia Credit Union’s CD offerings, where financial prudence meets the promise of prosperity.
Virginia Credit Union CD Rates Offers
The significant CD offers by Virginia Credit Union include;
12 Month CD
- Interest Rate: 4.33%
- Term: 12 months
- Considerations:
- Short-term commitment with a competitive interest rate.
- Suitable for individuals looking for quicker access to funds after a year.
- Interest is earned over a relatively brief period.
Pros & Cons
| Pros | Cons |
| Competitive interest rate | Shorter term may limit potential returns |
36 Month CD
- Interest Rate: 4.04%
- Term: 36 months
- Considerations:
- Moderate-term investment with a slightly lower interest rate.
- Balances the need for a higher return with a longer commitment.
- Ideal for those comfortable locking in funds for a few years.
Pros & Cons
| Pros | Cons |
| Balanced between risk and return | Longer commitment period may limit flexibility |
24 Month CD
- Interest Rate: 3.89%
- Term: 24 months
- Considerations:
- Balanced option between short and long-term CDs.
- Offers a competitive rate for a mid-term commitment.
- Suitable for those seeking a compromise between liquidity and higher returns.
Pros & Cons
| Pros | Cons |
| Offers a balance of risk and return | Limited access to funds for 24 months |
6 Month CD
- Interest Rate: 2.62%
- Term: 6 months
- Considerations:
- Shortest term with a lower interest rate.
- Ideal for individuals needing quick access to funds in the near future.
- Lower risk but also lower potential returns.
Pros & Cons
| Pros | Cons |
| Quick access to funds | Lower interest rate |
48 Month CD
- Interest Rate: 3.89%
- Term: 48 months
- Considerations:
- Longer investment term with a higher interest rate.
Pros & Cons
| Pros | Cons |
| Unique combination of short and long-term components | Requires commitment to the 48-month period |
Are Virginia Credit Union CD Rates Competitive?
Virginia Credit Union offers competitive Certificate of Deposit rates across various terms, catering to the diverse needs of savers.
With an enticing 4.33% interest rate on a 12-month CD, individuals can enjoy a favorable return on their investment within a relatively short time frame. The 36-month CD, boasting a 4.04% interest rate, strikes a balance between a competitive return and a moderate-term commitment.
The 24-month CD, at 3.89%, provides an appealing option for those seeking a compromise between liquidity and higher returns.
Even the 6-month CD, though with a lower interest rate of 2.62%, stands out as a competitive choice for short-term needs.
Furthermore, the innovative 48-month CD, featuring a 3.89% interest rate, showcases the credit union’s commitment to offering unique solutions that blend short-term flexibility with long-term growth potential.
Virginia Credit Union’s CD rates demonstrate a commitment to providing attractive returns while considering various preferences and investment timelines.
Overview Virginia Credit Union
Virginia Credit Union wants to be more than just your financial partner. They want to ensure that you can become an owner. They listen and care about what you have to say and that is why they work hard to make their services affordable.
They want to put your money to work for you so that you will be able to reach the goals you have worked so hard towards.
You must be a member of the Virginia Credit Union to utilize their services. You can sign up as either an individual or a family. Virginia Credit Union members are open to a vast range of individuals as well as groups.
Once you have joined, you will be able to utilize great members-only benefits which include but are not limited to personal service, comprehensive financial products and services, and affordable rates.
If you would like to reach out to a Virginia Credit Union representative whether it does ask a simple question or whether it is because you have a financial concern, you can do so by various methods.
You can send them a message via their secure message system. If you prefer to talk to a live representative, you can call them at (804) 323-6800/ (800) 285-6609-they are available Monday through Friday, from 8 am to 6 pm (ET).
Availability
You must be a member of the Virginia Credit Union in order to utilize their services. You can sign up as either an individual or a family. Virginia Credit Union members are open to a vast range of individuals as well as groups. Once you have joined, you will be able to utilize great members-only benefits which include but are not limited to personal service comprehensive financial products and services, and affordable rates.
If you would like to reach out to a Virginia Credit Union representative whether it does ask a simple question or whether it is because you have a financial concern, you can do so by various methods.
You can send them a message via their secure message system. If you prefer to talk to a live representative, you can call them at (804) 323-6800/ (800) 285-6609-they are available Monday through Friday, from 8 am to 6 pm (ET).
Locations Virginia Credit Union
Branches in California
Virginia Credit Union does not have any branches in California.
They do however have a lot of branches in Virginia.
Frequently Asked Questions
The interest rate on Virginia Credit Union’s 12-month CD is 4.33%.
The 24-month CD at Virginia Credit Union offers a competitive interest rate of 3.89%, providing a balance between liquidity and higher returns.
Early withdrawal may incur penalties. The 36-month CD features a competitive 4.04% interest rate.
Yes, there may be penalties for early withdrawal from the 6-month CD, and it carries an interest rate of 3.07%.