Credit union · NCUA insured
THE LOCAL Credit Union CD Rates
THE LOCAL Credit Union’s best CD rate is 3.00% APY on a 5-year share certificate (CD). Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How THE LOCAL Credit Union’s CD rates compare
Compared with banks and credit unions near Detroit, MI, where THE LOCAL Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
THE LOCAL Credit Union
3.00%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $1,593
Term Share Certificates
Top rate
FreeStar Financial Credit Union
5.25%APY
- Term
- 18 months
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000
- $798
2nd-highest rate
Diversified Members Credit Union
5.15%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $515
THE LOCAL Credit Union CD score
67
CD score
Higher than 18% of U.S. banks and credit unions
- 3–8 months3–8 mo2.75%
- 9–15 months9–15 mo2.25%
- 16–30 months16–30 mo2.50%
- 31–60 months31–60 mo3.00%
- QualifiedQualified3.00%
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.
Where THE LOCAL 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.
Term Share Certificates
Up to 3.00%APY · 8 terms
Early withdrawals subject to penalty. No setup or maintenance fees.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 2.50% | $62 |
| 6 months | 2.75% | $137 |
| 12 months | 2.25% | $225 |
| 18 months | 2.35% | $355 |
| 24 months | 2.50% | $506 |
| 36 months | 2.75% | $848 |
| 48 months | 2.85% | $1,190 |
| 60 months | 3.00% | $1,593 |
Sources (2)
- thelocalcreditunion.com/accoun…-share-certificates.html
- thelocalcreditunion.com/services-tools/tools/rates.html
All captured Sep 18, 2026
Save to Win Certificates
2.05%APY · 1 term
Must be 18 years of age or older and a legal resident of the State of Michigan. One certificate per member. $25 early withdrawal penalty. Renewable term certificate. No setup or maintenance fees.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsEvery deposit of $25 or more earns an entry into cash prize drawings (max 100 entries per month) | 2.05% | $205 |
Sources (2)
- thelocalcreditunion.com/accoun…to-win-certificates.html
- thelocalcreditunion.com/services-tools/tools/rates.html
All captured Sep 18, 2026
Who can join THE LOCAL Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Anyone who is a member of a union local headquartered in Macomb, Oakland, or Wayne County is eligible to join.
Family and household
- All family members of eligible individuals are eligible to join.
Other ways
- Retirees receiving a pension or social security are eligible to join.
Membership information collected October 5, 2026.