Credit Union IRA CD with Bump Up Rate

Looking for IRA CD with Bump Up Rate is a smart way of investing. If rates go up after opening an account, you can demand a raise and credit unions will raise your APY based on the prevailing rate.

Among the credit unions offering IRA CDs with Bump Up Rate are the following:

1. As of 7/16/09, the Northwest Community Credit Union offers “Bump Rate” IRA CDs that include:

  • 25 month IRA Bump – 1.75%APY
  • 37 month IRA Bump – 2.15%APY
  • 49 month IRA Bump – 2.55%APY
  • 61 month IRA Bump – 2.80%APY

2. As of 7/2/09, NIH Federal Credit Union offers the following:

  • 15 month Bump Up – 1.45%APY. Requires a minimum balance of $500 and over.
  • 15 month Bump Up – 2.10%APY. Requires a minimum balance of $10,000 and over.
  • Interests are compounded and credited monthly.

3. As of 7/1/09, AltaOne Federal Credit Union offers 18 month with one bump option and 30 month with two bump options:

  • 18 month Bump Up – 1.41%APY on balances between $5,000-$9,999
  • 18 month Bump Up – 1.51%APY on balances between $10,000-$49,999
  • 18 month Bump Up – 1.61%APY on balances of $50,000 & over
  • 30 month Bump Up – 1.66%APY on balances between $10,000-$49,999
  • 30 month Bump Up – 1.76%APY on balances of $50,000 & over

Bump Up rates require checking with direct deposit.

4. As of 7/16/09, Members 1st Federal Credit Union offers the following Bump Up Rates:

  • 48 month Bump Up at 2.20%APY that requires $500 as minimum opening deposit and to obtain APY
  • 24 month Bump Up at 1.60%APY that requires $500 as minimum opening deposit and obtain the APY
  • 12 month Bump Up at 1.35%APY that requires $500 minimum opening deposit and earn the APY

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