Credit union · NCUA insured
Rhode Island Credit Union CD Rates
Top CarrotRhode Island Credit Union’s best CD rate is 4.80% APY on an 8-month share certificate (CD). Terms run from 3 months to 42 months. Rates checked October 22, 2026.
How Rhode Island Credit Union’s CD rates compare
Compared with banks and credit unions near Providence, RI-MA, where Rhode Island Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Rhode Island Credit Union
4.80%APY
- Term
- 8 months
- Minimum
- $500
- Earns on $10,000
- $317
Certificates of Deposit
2nd-highest rate
Arise Financial
4.75%APY
- Term
- 36 months
- Minimum
- $500
- Earns on $10,000
- $1,494
3rd-highest rate
Somerset Federal Credit Union
4.50%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $488
Rhode Island Credit Union CD score
89
CD score
Higher than 89% of U.S. banks and credit unions
- 3–8 months3–8 mo4.80%
- 9–15 months9–15 mo4.25%
- 16–30 months16–30 mo3.50%
- 31–60 months31–60 mo0.65%
- QualifiedQualified4.80%
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 Rhode Island 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 of Deposit
Up to 4.80%APY · 8 terms
Minimum opening deposit of $500 required. Terms ranging from 3 months to 42 months. Early withdrawal penalty may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 0.15% | $4 |
| 6 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.75% | $186 |
| 8 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 4.80% | $317 |
| 12 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 4.25% | $425 |
| 18 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.50% | $530 |
| 24 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.35% | $681 |
| 30 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.00% | $767 |
| 42 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 0.65% | $229 |
Special-purpose accounts
IRA Certificates of Deposit
Up to 4.25%APY · 5 terms
Traditional and Roth IRAs available. Stated interest rates and APYs for terms of 12 months through 42 months are applicable. Early withdrawal penalty may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 4.25% | $425 |
| 18 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.50% | $530 |
| 24 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.35% | $681 |
| 30 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 3.00% | $767 |
| 42 monthsAssumes interest remains on deposit until maturity. Early withdrawal penalty may apply | 0.65% | $229 |
Sources (1)
- ricreditunion.org/iras · captured Oct 3, 2026
Who can join Rhode Island Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals living in Massachusetts or Connecticut.
- Membership is open to individuals and organizations living, working, or having a place of business in Rhode Island.
Membership information collected October 4, 2026.