Credit union · NCUA insured
CEFCU Savings Rates
Top CarrotCEFCU’s best savings rate is 2.40% APY on $10,000, with its Insured Money Market Account (IMMA). Rates checked October 16, 2026.
How CEFCU’s savings rates compare
Compared with banks and credit unions near Peoria, IL, where CEFCU has the most branches. $10,000, best rate first.
This credit union’s best
CEFCU
2.40%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $240
Insured Money Market Account (IMMA)
Top rate
INB
3.45%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $345
3rd-highest rate
Cooperative Choice Network Credit Union
2.32%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $232
CEFCU savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0001.60%
- $10,000 balance$10,0002.40%
- $100,000 balance$100,0002.70%
- QualifiedQualified2.40%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where CEFCU ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Insured Money Market Account (IMMA)
2.40%APY
Opening deposit and account minimum is $2,500. Balance required to avoid a fee is $2,500. $200 minimum on withdrawals to avoid a fee.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $25,000Tier 1 rate. Balance required to avoid a fee is $2,500. | 2.40% | $240 | Tier 1 rate. Balance required to avoid a fee is $2,500. |
| $25,000 – $50,000Tier 2 rate. Balance required to avoid a fee is $2,500. | 2.50% | — | Tier 2 rate. Balance required to avoid a fee is $2,500. |
| $50,000 – $100,000Tier 3 rate. Balance required to avoid a fee is $2,500. | 2.60% | — | Tier 3 rate. Balance required to avoid a fee is $2,500. |
| $100,000 and upTier 4 rate. Balance required to avoid a fee is $2,500. | 2.70% | — | Tier 4 rate. Balance required to avoid a fee is $2,500. |
Sources (2)
All captured Oct 16, 2026
My Use Account
Up to 1.65%APY
Optional named savings folders for separate goals; same published rate table as Holiday Saver Account. Rates subject to change daily.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0TIER-1; min. to earn APY $0.01. Shared Holiday Saver schedule. | 1.55% | $155 | TIER-1; min. to earn APY $0.01. Shared Holiday Saver schedule. |
| $1,000 and upTIER-2; min. to earn APY $1,000.00. Shared Holiday Saver schedule. | 1.60% | $160 | TIER-2; min. to earn APY $1,000.00. Shared Holiday Saver schedule. |
| $10,000 and upTIER-3; min. to earn APY $10,000.00. Shared Holiday Saver schedule. | 1.65% | $165 | TIER-3; min. to earn APY $10,000.00. Shared Holiday Saver schedule. |
Sources (2)
All captured Oct 16, 2026
Special-purpose accounts
Holiday Saver Account
Up to 1.65%APY
Rates subject to change daily.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0TIER-1; min. to earn APY $0.01. | 1.55% | $155 | TIER-1; min. to earn APY $0.01. |
| $1,000 and upTIER-2; min. to earn APY $1,000.00. | 1.60% | $160 | TIER-2; min. to earn APY $1,000.00. |
| $10,000 and upTIER-3; min. to earn APY $10,000.00. | 1.65% | $165 | TIER-3; min. to earn APY $10,000.00. |
Sources (1)
- cefcu.com/rates.html · captured Oct 16, 2026
Savings Account
Up to 1.65%APY
Membership savings account; rates subject to change daily. Footnote also applies this schedule to a Savings Account for a Coverdell Education Account (CESA).
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upTIER-1; min. to earn APY $1.00. | 1.55% | $155 | TIER-1; min. to earn APY $1.00. |
| $1,000 and upTIER-2; min. to earn APY $1,000.00. | 1.60% | $160 | TIER-2; min. to earn APY $1,000.00. |
| $10,000 and upTIER-3; min. to earn APY $10,000.00. | 1.65% | $165 | TIER-3; min. to earn APY $10,000.00. |
Sources (2)
All captured Oct 16, 2026
Roth, Traditional, and Education IRA Daily Account
1.55%APY
Daily IRA savings (not fixed-term certificates). Traditional/Roth/SEP tax labels share this daily account. Dividends computed daily and deposited monthly; dividend rate subject to change daily. No maintenance or setup fees. New CESAs cannot be opened. Combined Traditional and Roth annual contribution limit $7,500; age 50+ catch-up may raise 2026 maximum to $8,600.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDaily IRA account; $5 minimum to open.Any balance | 1.55% | $155 | Daily IRA account; $5 minimum to open. |
Sources (3)
All captured Oct 16, 2026
Who can join CEFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, or regularly worship in designated California counties are eligible to join CEFCU.
- Individuals who live or work in designated Illinois counties are eligible to join CEFCU.
Employers and groups
- Employees and retirees of Caterpillar Inc., its subsidiaries, or Caterpillar Dealerships are eligible to join CEFCU.
- CEFCU employees and retirees are eligible to join CEFCU.
- Employees and retirees of CEFCU partner companies are eligible to join CEFCU.
Military, government and schools
- Current members of the ISU Alumni Association or ISU Athletic Boosters Association are eligible to join CEFCU.
3 more ways to join
Family and household
- Household members of someone eligible to join CEFCU are eligible for membership.
- Immediate family members of someone eligible to join CEFCU are eligible for membership.
- Surviving spouses of deceased members or individuals who died within the field of membership are eligible to join CEFCU within six months of death.
Membership information collected October 5, 2026.