Credit union · NCUA insured
IBEW Local 56 Federal Credit Union CD Rates
IBEW Local 56 Federal Credit Union’s best CD rate is 3.86% APY on a 3-year share certificate (CD). Terms run from 6 months to 3 years. Rates checked October 16, 2026.
How IBEW Local 56 Federal Credit Union’s CD rates compare
Compared with banks and credit unions near Erie, PA, where IBEW Local 56 Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
IBEW Local 56 Federal Credit Union
3.80%APY
- Term
- 36 months
- Minimum
- $1,000
- Earns on $10,000
- $1,184
Share Certificates
Top rate
Tendto Credit Union
4.40%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,402
2nd-highest rate
Woodforest National Bank
4.25%APY
- Term
- 9 months
- Minimum
- $500
- Earns on $10,000
- $317
IBEW Local 56 Federal Credit Union CD score
84
CD score
Higher than 66% of U.S. banks and credit unions
- 3–8 months3–8 mo3.70%
- 9–15 months9–15 mo3.72%
- 16–30 months16–30 mo3.75%
- 31–60 months31–60 mo3.80%
- QualifiedQualified3.80%
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 IBEW Local 56 Federal Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Share Certificates
Up to 3.80%APY · 4 terms
Rates are guaranteed for the life of the certificate. Dividends will be deposited to regular shares. A dividend penalty may be imposed for early withdrawal.
| Term | APY · $1,000 and up | APY · $25,000 and up | APY · $50,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 6 monthsDividends are paid upon maturity into Regular Share Account. Early withdrawal penalty is 30 days loss of interest | 3.70% | 3.73% | 3.76% | 3.70%3.73% from $25k3.76% from $50k | $183 |
| 12 monthsDividends are paid monthly into Regular Share Account. Early withdrawal penalty is 30 days loss of interest | 3.72% | 3.75% | 3.78% | 3.72%3.75% from $25k3.78% from $50k | $372 |
| 24 monthsDividends are paid monthly into Regular Share Account. Early withdrawal penalty is 90 days loss of interest | 3.75% | 3.78% | 3.81% | 3.75%3.78% from $25k3.81% from $50k | $764 |
| 36 monthsDividends are paid monthly into Regular Share Account. Early withdrawal penalty is 90 days loss of interest | 3.80% | 3.83% | 3.86% | 3.80%3.83% from $25k3.86% from $50k | $1,184 |
Sources (1)
- ibew56fcu.org/savings/share-certificates · captured Oct 16, 2026
Who can join IBEW Local 56 Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of I.B.E.W. Local #56, Stroehmann Bakery, Advanced Business Systems, Birkmire Transportation Services, Signal-Tech, Metro Health Center, Advanced Protection Services, A-1 Automotive, AAA West Penn/Erie County, Furman Enterprises, Inc., and West Erie County Democratic Committe are eligible for membership.
Family and household
- Family members (defined as spouse, children, parent, grandparent, grandchildren, sister, and brother) of a current member are eligible for membership.
Cost to join
- A $0.25 membership fee is required.
- A minimum balance of $25.00 is required within 6 months to maintain membership.
Membership information collected October 5, 2026.