Please ensure Javascript is enabled for purposes of website accessibility

This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content
Advertiser Disclosure Many of the offers that appear on this site are from companies from which The Motley Fool receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear) and may influence which products we write about, but our product ratings are not influenced by compensation. We do not include all companies or offers available in the marketplace.
    |    Accessibility Options

Golden 1 Credit Union CD Rates for 2024

Review Updated
Ashley Maready
Author: Ashley Maready
Ashley Maready
Ashley Maready
Writer and Editor

Ashley Maready is a former history museum professional who made the leap to digital content writing and editing in 2021. She has a BA in History and Philosophy from Hood College and an MA in Applied History from Shippensburg University. Ashley loves creating content for the public and learning new things so she can teach others, whether it's information about salt mining, canal mules, or personal finance.

See Full Bio

| 1 other [ + ]
Eric McWhinnie
Fact Checked: Eric McWhinnie
Eric McWhinnie
Eric McWhinnie

Eric McWhinnie has been writing and editing digital content since 2010. He specializes in personal finance and investing. He also holds a bachelor’s degree in Finance.

See Full Bio

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

If you're looking for a new certificate of deposit, why not consider Golden 1 Credit Union's CD rates? This credit union's high-yield term savings certificates (a fancy way of saying CD) are great for those who want to lock up at least $500 for a term of 16 months -- but other terms are less favorable. Keep reading to learn more about Golden 1 Credit Union's CD rates and terms.

Golden 1 Credit Union CD rates for 2024

Rates as of Dec. 18, 2024

APY = Annual Percentage Yield

Offer image for Golden 1 Credit Union CD
Golden 1 Credit Union CD
Bottom Line

Officially called Term Savings Certificates, Golden 1 offers a variety of CD term ranges. With each term, your eligible APY is based on the amount of your deposit. In general, the longer the term and the more money you put up for deposit, the higher APY you will be eligible for. Golden 1 also offers a special 16-month CD. With a minimum $500 deposit, this savings certificate offers the highest APY currently available with Golden 1 Credit Union CDs. Check out Golden 1's website for all the details on its other CD offerings.

MINIMUM DEPOSIT $500
16 Mo. APY
5.10%

Is a high-yield savings account a better option for you?

A high-interest savings account offers rates competitive with the best CDs accounts, but without having to lock your money away for months or even years at a time. Here are some top-rated high-yield savings account options from our experts.

Account APY Promotion Next Steps
3.80%
Rate info Circle with letter I in it. 3.80% annual percentage yield as of December 27, 2024. Terms apply.
Min. to earn: $0
N/A
Open Account for American Express® High Yield Savings

On American Express's Secure Website.

up to 4.00%²
Rate info Circle with letter I in it. You can earn the maximum APY by having Direct Deposit (no minimum amount required) or by making $5,000 or more in Qualifying Deposits every 30 days. See SoFi Checking and Savings rate sheet at: https://www.sofi.com/legal/banking-rate-sheet.
Min. to earn: $0
New customers can earn up to a $300 bonus with qualifying direct deposits!¹
3.80%
Rate info Circle with letter I in it. See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of Dec. 6, 2024. Rates are subject to change at any time before or after account opening.
Min. to earn: $0
N/A

Compare Golden 1 Credit Union CD rates

The APYs available on term savings certificates from Golden 1 Credit Union aren't really anything to write home about, especially when compared to other options from other banks and credit unions. The exception is if you're interested in a 16-month CD, as the rate on that one is comparable to the best CD rates we've found.

Rates as of Dec. 18, 2024
Bank & CD Offer APY Term Min. Deposit Next Steps
APY: 4.00% Term: 1 Year Min. Deposit:  $0
Open Account for Discover® Bank CD

On Discover Bank's Secure Website.

Member FDIC.
APY: 4.25% Term: 10 Months Min. Deposit:  $2,500
Open Account for

On Secure Website.

Member FDIC.
APY: 4.25% Term: 6 Months Min. Deposit:  $500
Open Account for

On Secure Website.

Details about Golden 1 Credit Union CDs

Golden 1 Credit Union's version of CDs are called Term Savings Certificates. They come in a variety of terms and APYs, with one special term (16 months) that pays higher than the others.

Golden 1 Term Savings Certificates (CDs)

Pros

  • Terms from three to 60 months are available
  • Dividends are compounded and paid monthly
  • No minimum balance fees
  • Money in a savings certificate can be collateral for a loan
  • Easy renewal when the term is up

Cons

  • APYs vary based on deposit amount (a higher deposit earns more)
  • Only the 16-month term is competitive with best rates out there

You have a wide variety of terms to choose from if you're hoping to open a savings certificate with Golden 1 Credit Union. Terms are available ranging from three to 60 months, and you only need a $500 deposit to open one. This makes them a great choice if you intend to make a CD ladder. The more money you can deposit into a savings certificate with Golden 1 Credit Union (and the longer your term), the higher your APY will be.

When you open a Golden 1 savings certificate, your dividends will be paid out every month, so this is great if you're hoping to generate regular income. Or you can let your interest compound every month. You can also use your account as collateral for a Certificate Loan. When your term is up, you'll have a seven-day grace period to withdraw your cash or close the account -- otherwise, it will renew automatically.

Other Golden 1 Credit Union CD accounts

Golden 1 Credit Union also offers the following CD accounts:

  • IRA Certificates

Who is a Golden 1 Credit Union CD right for?

If you're already a member of Golden 1 Credit Union, it'll be easy to open a savings certificate there. And if you're interested in a very specific term of 16 months, you can earn an APY comparable to some of the best available from other banks and credit unions. Otherwise, you can find better options out there to earn more interest on your cash -- including high-yield savings accounts, which come with more flexibility and usually no minimum deposit.

Bottom line: Golden 1 Credit Union CD rates

Golden 1 Credit Union CD
  • 16 APY: 5.10%
Show All Rates [+] Hide All Rates [-]
Rates as of Dec. 18, 2024

APY = Annual Percentage Yield

Term
Golden 1 Credit Union CD
16 Mo.
5.10%

Keep reading about Golden 1 Credit Union:

Our CDs methodology

At Motley Fool Money, certificates of deposit (CDs) are rated on a scale of one to five stars, primarily focusing on annual percentage yield (APY) and early withdrawal penalty fees. Our highest-rated CDs generally include competitive APYs without complex qualification tiers, low withdrawal fees, reliable brand trust and reputation, and ease of use.

Learn more about how Motley Fool Money rates bank accounts.

FAQs

  • Golden 1 Credit Union is a member of the credit union equivalent to the FDIC, the NCUA. So up to $250,000 of your money in a savings certificate is protected against credit union failure.

  • Yes, CD earnings are taxed at the same rate as regular income.

  • Rates vary so much between the two, it's impossible to answer this question. Both banks and credit unions have federal insurance, so your money will be safe at either. Credit unions tend to invest more in their local communities, so if this is important to you, look for a credit union offering a high APY on the term you're hoping to find. Banks (particularly online or big national banks) tend to offer better online support (both website and mobile app), so if you lean on technology, you might want to go with a bank CD instead.