In a move that sets a new benchmark in the short-term savings landscape, Andrews Federal Credit Union introduces a compelling offer for new members: a 24-Month Share Certificate Special boasting an Annual Percentage Yield (APY) of 3.80%.
This standout rate is not only a market leading APY but also positions the Maryland-based credit union as a go-to for savvy savers looking for significant returns on their investments for a 24-month CD.
The offer is available nationwide through easy membership.
- Update 4/21/25: Rates have updated.
- Update 11/25/25: Rate have decreased slightly.
- Update 3/29/24: Rates have decreased.
READ MORE: SEE THE BEST CD RATES HERE
Andrews FCU Exclusive Offer for New Members
Designed exclusively for individuals who have joined Andrews Federal Credit Union after January 1, 2024, this limited-time offer caters specifically to the newest members of their community.
It’s an incentive that underlines the credit union’s dedication to enriching the financial well-being of its members from the outset.
The 24-Month Share Certificate Special is not available to those who have had their accounts closed within the last 180 days or are already primary on an existing membership, ensuring that new members receive a warm welcome.
Terms and Conditions
With a minimum opening deposit of $1,000 and a maximum deposit cap of $250,000, the offer is structured to accommodate a wide range of savers, from those looking to park a modest sum to those wishing to invest a more substantial amount. However, it’s important to note the credit union’s reserve right to limit deposits into this special certificate, a cautionary measure likely in place to maintain the offer’s sustainability.
BMO Bank is currently offering a $350 or $500 cash bonus for a new checking account. Alternatively, Chase is offering a $300 bonus for its Chase Total Checking account.
Early Withdrawal Penalty and Accessibility
Members interested in these offers should be aware of the early withdrawal penalty, equating to 90 days of dividends for accounts with an original maturity of less than 24 months. Such terms are typical for share certificates and CDs, designed to encourage savers to maintain their deposits for the full term to reap the maximum benefits.
Broad Membership Eligibility
Andrews Federal Credit Union boasts an easy membership requirement, opening its doors to virtually all U.S. citizens or resident aliens with a valid Social Security number. Through affiliations such as the American Consumer Council (ACC), residency, military relationship, employment, association ties, or family membership, Andrews Federal simplifies the eligibility process, making it straightforward for new members to join and take advantage of this special offer.
Simplified Account Opening Process
Prospective members can easily join Andrews Federal and open the 24-Month Share Certificate Special online or at any of their branches, including those located overseas for military personnel. The credit union’s integration with the CO-OP Share Branch Network further enhances accessibility, offering extensive ATM and branch service options nationwide.
Our Take On This CD Offer
Andrews Federal Credit Union’s 24-Month Share Certificate Special at 4.30% APY is an enticing option for new members seeking a high-yield, short-term investment. This offer reflects the credit union’s commitment to providing competitive savings solutions and underscores the benefits of credit union membership, especially for those looking to maximize their returns in the current financial climate. With easy membership requirements and a straightforward account opening process, this special certificate is a noteworthy opportunity for savers to bolster their financial portfolios efficiently.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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