Take advantage of Farmers Insurance Federal Credit Union CD rates, offers, and promotions here.
With a wide range of CD rates to take advantage of, you will be able to find a rate to fit your financial needs!
Update 10/29/24: Rates have overall decreased.
Best CD Rates: 4.60% APY 9-Month No Penalty Certificate, 4.25% APY 12-Month Term, $1,000 minimum deposit
Availability: Nationwide (branches in AZ, CA, KS, MI, OK, TX, WA)
Credit Inquiry: Hard Pull or Soft Pull? Let us know.
About Farmers Insurance Federal Credit Union
Farmers Insurance Federal Credit Union is headquartered in Burbank and is the 44th largest credit union in the state of California. It is also the 313th largest credit union in the nation. It was established in 1936 and as of June of 2023, it had grown to 231 employees and 61,081 members at 12 locations. Farmers Insurance Federal Credit Union’s savings rates are 7X the national average, and it has a B+ health rating.
| Eligibility: Membership in Farmers Insurance Group Federal Credit Union is open to anyone by joining or being a member of the American Consumer Council. Membership is also open to employees or agents of Farmers Insurance, Foremost, BristolWest, 21st Century, Farmers New World Life, Farmers Financial Services, and their immediate family. See more information about membership eligibility here. |
| Term | APY Rate | Min Deposit |
| 3-Month | 4.25% | $1,000 |
| 6-Month | 4.25% | $1,000 |
| 9-Month | 3.25% | $1,000 |
| 9-Month No-Penalty | 4.60% | $1,000 |
| 12-Month | 4.00% | $1,000 |
| 18-Month | 3.50% | $1,000 |
| 24-Month | 3.50% | $1,000 |
| 30-Month | 3.25% | $1,000 |
*The above rates are accurate as of 10/29/2024*
Farmers Insurance Federal Credit Union CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
They currently offer standard CD rates from 3-month to 60-month. If you’re interested in making a higher rate than a traditional savings account then make sure to check out Farmers Insurance Federal Credit Union’s CDs and their rates listed below.
- Minimum deposit: $1,000
- Maximum deposit: None
- Early withdrawal penalty: Yes
(NCUA Insured)
| Alliant Credit Union 12-Month Certificate (4.30% APY) | Quontic Bank CD (Up to 4.25% APY) |
| Western Alliance Bank 3-Month CD (4.05% APY) | Western Alliance Bank 5-Month CD (3.85% APY) |
| Ponce Bank 3-Month CD (4.40% APY) | Blue Federal Credit Union 9-Month No Penalty CD (4.00% APY) |
| Rising Bank 6-Month CD (4.65% APY) | Rising Bank 12-Month CD (4.30% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | |
Farmers Insurance Federal Credit Union CD Features
- New funds to the Credit Union only
- Available term choices: 3, 6, 9, 12, 18, 24, 36, 48, or 60 months
- Minimum $1,000 deposit
- Not available as an IRA Certificate
Farmers Insurance Federal Credit Union No Penalty CD Features
- One penalty-free withdrawal per calendar month after the first 30 days of funding your Certificate
- No additional deposits allowed
- New funds to the Credit Union only
- $1,000 minimum deposit
- Not eligible for IRAs
- Limited time
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Bottom Line
If you are interested in a short or long term CD then, Farmers Insurance Federal Credit Union is currently offering competitive CD rates! Opening a CD with Farmers Insurance Federal Credit Union means greater savings and maximizing your earning potential.
For more, see the latest bank bonuses from Farmers Insurance Federal Credit Union.
However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
- Best No Penalty CD Rates
Check back often for the latest Farmers Insurance Federal Credit Union CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
| Consumers Credit Union | 4.70% APY 9-Month Certificate | Review |
| Rising Bank | 4.65% APY 6-Month CD | Review |
| Service Credit Union | 4.50% APY 6-Month CD | Review |
| Ponce Bank | 4.40% APY 3-Month High Yield CD | Review |
| Alliant Credit Union | 4.30% APY 12-Month Certificate | Review |
| Live Oak Bank | 4.30% APY 12-Month CD | Review |
| Quontic Bank | Up to 4.25% APY CD | Review |
| Live Oak Bank | 4.30% APY 12-Month Business CD | Review |
| Rising Bank | 4.30% APY 12-Month CD | Review |
| Ponce Bank | 4.20% APY 4-Month No-Penalty CD | Review |
| Discover Bank | 4.10% APY 12-Month CD | Review |
| First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
| Western Alliance Bank | 4.05% APY 3-Month CD | Review |
| Sallie Mae | 4.00% APY 14-Month CD | Review |
| Blue Federal Credit Union | 4.00% APY 9-Month No Penalty CD | Review |
| Sun Canyon Bank | 3.98% APY 11-Month CD | Review |
| Sallie Mae | 3.95% APY 10-Month CD | Review |
| Western Alliance Bank | 3.85% APY 5-Month CD | Review |
| GreenState Credit Union | 3.80% APY 10-Month CD | Review |
| Blue Federal Credit Union | 3.75% APY 15-Month CD | Review |
| Western Alliance Bank | 3.75% APY 6-Month CD | Review |
| Southwestern National Bank | 3.65% APY 5-Month CD | Review |
| CIT Bank | 3.50% APY 13-Month CD | Review |
| CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
| Southwestern National Bank | 3.40% APY 8-Month CD | Review |
| Western Alliance Bank | 3.00% APY 12-Month CD | Review |
| First Financial Northwest Bank | 3.00% APY 12-Month CD | Review |
| Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
| Southwestern National Bank | 3.00% APY 10-Month CD | Review |
| CIT Bank | 3.00% APY 6-Month CD | Review |
| CIT Bank | 3.00% APY 18-Month CD | Review |
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