Credit union · NCUA insured
Preferred Credit Union CD Rates
Preferred Credit Union’s best CD rate is 3.40% APY on a 5-year share certificate (CD). Terms run from 6 months to 5 years. Rates checked October 16, 2026.
How Preferred Credit Union’s CD rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Preferred Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Preferred Credit Union
3.40%APY
- Term
- 60 months
- Minimum
- —
- Earns on $10,000
- $1,820
Regular CDs
Top rate
Ignite Credit Union
4.70%APY
- Term
- 15 months
- Minimum
- $50
- Earns on $10,000
- $591
2nd-highest rate
KCCU
4.45%APY
- Term
- 5 months
- Minimum
- $500
- Earns on $10,000
- $183
Preferred Credit Union CD score
70
CD score
Higher than 27% of U.S. banks and credit unions
- 3–8 months3–8 mo2.48%
- 9–15 months9–15 mo2.68%
- 16–30 months16–30 mo2.93%
- 31–60 months31–60 mo3.40%
- QualifiedQualified3.40%
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 Preferred 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.
Regular CDs
Up to 3.40%APY · 8 terms
| Term | APY · Any balance | APY · $10,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 6 months | 2.38% | — | 2.38% | $118 |
| 6 monthsTier balance $10,000 or more | — | 2.48% | 2.48% | $123 |
| 9 months | 2.43% | — | 2.43% | $182 |
| 9 monthsTier balance $10,000 or more | — | 2.53% | 2.53% | $189 |
| 12 months | 2.58% | — | 2.58% | $258 |
| 12 monthsTier balance $10,000 or more | — | 2.68% | 2.68% | $268 |
| 24 months | 2.73% | — | 2.73% | $553 |
| 24 monthsTier balance $10,000 or more | — | 2.84% | 2.84% | $576 |
| 30 months | 2.83% | — | 2.83% | $723 |
| 30 monthsTier balance $10,000 or more | — | 2.93% | 2.93% | $749 |
| 36 months | 2.94% | — | 2.94% | $908 |
| 36 monthsTier balance $10,000 or more | — | 3.04% | 3.04% | $940 |
| 48 months | 3.20% | — | 3.20% | $1,343 |
| 48 monthsTier balance $10,000 or more | — | 3.30% | 3.30% | $1,387 |
| 60 months | 3.30% | — | 3.30% | $1,763 |
| 60 monthsTier balance $10,000 or more | — | 3.40% | 3.40% | $1,820 |
Sources (1)
- preferredcu.org/rates · captured Oct 5, 2026
Special-purpose accounts
CD Specials
Up to 3.85%APY · 2 terms
CD Specials have $1,000 minimum balance, regular or IRA money, no institution or public money. Offer subject to change at any time.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 8 monthsRegular or IRA money; no institution or public money | 3.75% | $248 |
| 25 monthsRegular or IRA money; no institution or public money | 3.85% | $819 |
Sources (1)
- preferredcu.org/rates · captured Oct 5, 2026
IRA CDs
Up to 3.50%APY · 8 terms
Minimum of $500 to open. Interest Paid Monthly. Fixed rate terms from 6 months to 60 months. Early withdrawal penalties may apply.
| Term | APY · Any balance | APY · $10,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 6 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 2.47% | — | 2.47% | $123 |
| 6 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 2.58% | 2.58% | $128 |
| 9 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 2.52% | — | 2.52% | $188 |
| 9 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 2.63% | 2.63% | $197 |
| 12 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 2.68% | — | 2.68% | $268 |
| 12 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 2.78% | 2.78% | $278 |
| 24 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 2.83% | — | 2.83% | $574 |
| 24 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 2.93% | 2.93% | $595 |
| 30 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 2.93% | — | 2.93% | $749 |
| 30 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 3.03% | 3.03% | $775 |
| 36 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 3.03% | — | 3.03% | $937 |
| 36 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 3.14% | 3.14% | $972 |
| 48 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 3.29% | — | 3.29% | $1,382 |
| 48 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 3.39% | 3.39% | $1,427 |
| 60 monthsInterest paid monthly; fixed rate; early withdrawal penalty may apply | 3.39% | — | 3.39% | $1,814 |
| 60 monthsTier balance $10,000 or more; interest paid monthly; fixed rate; early withdrawal penalty may apply | — | 3.50% | 3.50% | $1,877 |
Sources (2)
All captured Oct 5, 2026
Who can join Preferred Credit Union
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, attend school, or worship in specified Michigan counties are eligible for membership.
Employers and groups
- Employees or members of employer groups located within 25 miles of any branch office are eligible for membership.
Family and household
- Individuals who have a verifiable direct relation to an existing member are eligible for membership.
Other ways
- Individuals receiving retirement payments who live in or belong to a retirement organization in the county (or contiguous county) where the principal place of business is located are eligible.
Membership information collected October 5, 2026.