Novation Credit Union CD Rates

How Novation Credit Union’s CD rates compare

Compared with banks and credit unions near Minneapolis, MN-WI, where Novation Credit Union has the most branches. $10,000, best rate first.

This credit union’s best
Novation Credit Union
4.00%APY
Term
7 months
Minimum
$500
Earns on $10,000
$231
Certificates
Top rate
SouthPoint Financial Credit Union
9.00%APY
Term
9 months
Minimum
—
Earns on $10,000
$668
SouthPoint Financial Credit Union rates
2nd-highest rate
Woodlands National Bank
4.87%APY
Term
60 months
Minimum
$1,000
Earns on $10,000
$2,684
Woodlands National Bank rates

Compare CD rates near you →

CD score

Higher than 34% of U.S. banks and credit unions

By term

3–8 months3–8 mo4.00%
9–15 months9–15 mo2.25%
16–30 months16–30 mo2.25%
31–60 months31–60 mo2.25%
QualifiedQualified4.00%

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.

How the score works →

Where Novation 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.

Certificates

Up to 4.00%APY · 8 termsFrom $500 to open

Minimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal.

Earnings on $10,000 over the term.
Term	APY	Earns on $10,000Earns
6 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	1.75%	$87
7 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	4.00%	$231
12 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.25%	$225
18 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.25%	$339
24 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.00%	$404
36 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.00%	$612
48 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.25%	$931
60 monthsMinimum deposit amount of $500. After the Certificate is open, no additions may be made into the account until the maturity date. Penalty for early withdrawal	2.25%	$1,177

Sources (1)

novation.org/current-rates · captured Sep 24, 2026

Who can join Novation Credit Union

This may be incomplete or out of date, so check with the credit union before you apply.

Open to anyone

Membership is open to anyone who supports the Novation Foundation with a minimum $10 donation.

Where you live or work

Membership is open to individuals who live, work, go to school, or worship in 11 specified Minnesota counties.

Employers and groups

Employees and retirees of 3M are eligible for membership.
Employees and retirees of CHS are eligible for membership.
Employees and retirees of Land O'Lakes are eligible for membership.
Employees and retirees of Solventum are eligible for membership.

1 more way to join

Family and household

Family members of current Novation members are eligible for membership.

Cost to join

Membership requires a minimum opening deposit of $5 into a Primary Savings account, which is withdrawable if membership is discontinued.

Membership information collected October 4, 2026.

Check membership requirements ↗Branches and institution details

← Novation Credit Union overview