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Farmers Insurance Federal Credit Union

Routing Number: 322077795

Certificates of Deposit

Higher Rates With Lower Minimums

Enjoy year-round, industry-leading rates with terms from 3 to 60 months! And learn how to qualify for our SmartStart Certificate which has an amazing 10% APR!

  • Earn more on balances of $100,000+
  • Special 24-month certificate available for kids, teens, and young adults
  • Dividends can be automatically deposited to another account each month

So what are you waiting for?

Open a Certificate of Deposit Today!

CERTIFICATES OF DEPOSIT
Term $1000 minimum $100,000 minimum
  APY* DDEPY‡ APY* DDEPY‡
3 months† 0.20% 0.45% 0.35% 0.60%
6 months† 0.30% 0.55% 0.45% 0.70%
9 months† 0.40% 0.65% 0.55% 0.80%
12 months 0.50% 0.75% 0.65% 0.90%
18 months 0.60% 0.85% 0.75% 1.00%
24 months 0.70% 0.95% 0.85% 1.11%
30 months 0.75% 1.00% 0.90% 1.16%
36 months 0.80% 1.06% 0.95% 1.21%
48 months 0.90% 1.16% 1.06% 1.31%
60 months 1.00% 1.26% 1.16% 1.41%

APR = Annual Percentage Rate. APR is the annual rate of interest that is paid on an investment, without taking into account the compounding interest within that year. Rates are subject to change at anytime.

† Not available for IRA certificates

APY = Annual Percentage Yield. Rates current as of November 01, 2020 and subject to change. Rates are based on a minimum deposit of $1,000, except Fifth Third, which is based on a minimum deposit of $500. Rate survey taken from www.bankofamerica.com, www.chase.com and www.53.com. †Not available for IRA Certificates. *APY = Annual Percentage Yield. Rates current as of November 01, 2020. APY is the annualized rate based on a compounding period of one year. When the deposited money earns interest and the accumulated interest starts earning interest as well, we are talking about compounding. All rates except certificate rates are subject to change retroactively to the beginning of the month, as determined at the monthly Board of Directors meeting. Certificate rates subject to change at any time and are subject to substantial penalties for early withdrawal. Extra bonus rates apply only to certificate accounts. Direct Deposit (DDEP) Bonus For Regular Terms Share Certificates & IRA Certificates: Certificate account holders can get an additional 0.25% if they have DDEP in the amount of $1,000.00 or more monthly. (Members paid bi-monthly can have DDEP deposits of $500 each to reach the $1,000 monthly minimum). Rate bonus will be applied upfront after account opening. If a qualifying DDEP cannot be verified at time of account opening, the first succeeding DDEP must be received within a maximum of 60 days from the date that the promotional account is opened. If a member has direct deposit under a different account number than the account that is being used to open the new certificate, he/she can still qualify for the 0.25% bonus. If DDEP has not been received within the 60-day timeline the bonus will be forfeited, the rate will be reduced by 0.25%, and future earnings will be at the reduced rate. DDEP must be maintained for this bonus, and the bonus can be forfeited if DDEP is cancelled or falls below qualifying threshold during the term of the certificate. There will be no Rate Bonus on current certificates, however bonus can be added at time of renewal and during the grace period.