Chartway Federal Credit Union Information and Current CD Rates
Main Address and Contact Information
FDIC Certification Number
Chartway Federal Credit Union
Rating: (4 out of 5)100
Chartway Federal Credit Union CD Rates
Chartway Federal Credit Union Jumbo CD Rates
Rates Updated: 12/30/2016
Articles Related to Chartway Federal Credit Union
Chartway Federal Credit Union 1 Year CD Rates now at 1.00%
Chartway Federal Credit Union 1 Year CD rates are now at 1.00 percent with a yield of 1.00 percent. View current 1 Year CD rates at Chartway Federal Credit Union below. Read more...
Chartway Federal Credit Union 3 Year Jumbo CD Rates now at 1.45%
Chartway Federal Credit Union 3 Year Jumbo CD rates are now at 1.45 percent with a yield of 1.46 percent. View current 3 Year Jumbo CD rates at Chartway Federal Credit Union below. Read more...
Chartway Federal Credit Union Lowers CD Rates
Chartway Federal Credit Union, based in Virginia Beach, Virginia, recently lowered their CD rates. Chartway Federal Credit Union's CD rates were lowered on both short and intermediate term certificates. The largest decrease was 25 basis points on Chartway's regular and jumbo 2 year certificates.
Chartway FCU has been around for over 50 years. The credit union was created in 1959 when seven civilian workers at the Norfolk Naval Air Station each invested $5.00 and incorporated NorVA N.A.S. Federal Credit Union.
According to Chartway's "About Us" page, the credit union was created to provide low-cost loans and to provide a convenient place for its members to save. As with any credit union, you have to join Chartway to open a certificate or to open any other accounts.
Anyone can join by making a $10 donation to Chartway's philanthropic arm, We Promise Foundation. The regular eligibility rules of either go to school, living, working or worshiping near a branch location will allow you to join.
Chartway's recent CD rates are listed below. You can see a list of all current CD rates at Chartway and see this credit union's star rating at Chartway Federal Credit Union CD rates.
Chartway FCU CD Rate Changes
Even with the recent CD rate changes, Chartway's rates are still competitive. You can see how these rates compare with other credit union and bank CD rates by searching our rate tables at MonitorBankRates.com.Read more...
CD Rates Hold Steady as Fed Meets Next Week to Decide Monetary Policy
The Federal Open Market Committee (FOMC) meets again next week to decide on monetary policy. If the FOMC decides to increase the fed funds rate, CD rates will also move higher. Fed Chair, Janet Yellen, is still talking up a rate hike sometime in 2015 but some Fed officials say the first hike will happen in 2016.
The final FOMC meeting for 2015 will be in December. If a hike doesn't happen next week, the FOMC has one final chance to raise the rate this year. The CME's FedWatch Tool now has a 29.2 percent chance of a hike in December, down from 35.4 percent last month.
The past several months, banks and credit unions in our rate database have been slowing increasing their rates in anticipation of a Fed rate hike. Both short term and long term CD rates have been increased by financial institutions. The increases have been small but at least rates are finally moving higher after a half dozen years of decreases.
Listed below are the highest CD rates currently available for both short term and long term certificates of deposit.
2 Month Rates/Yields
3 Month Rates/Yields
6 Month CD Rates/Yields
1 Year CD Rates/Yields
18 Month CD Rates/Yields
2 Year CD Rates/Yields
3 Year CD Rates/Yields
4 Year CD Rates/Yields
5 Year CD Rates/Yields
You can always find the most current online CD rates by searching our database of rates at Monitor Bank Rates. No personal information is required.Read more...
1.30% APY - This Week's Top 1 Year Rate
The Federal Open Market Committee meets in just over a week to decide on interest rates. August job's report, released last Friday, showed the labor market continuing to improve, adding pressure to the Fed to increase the fed funds rates. Read more...
Banks Hold Steady on CD Rates - Top Rates Remain Unchanged this Week
There were no changes to the highest CD rates available in our database this week. Financial institutions are probably holding tight on rates to see if the Federal Reserve increases the fed funds rates next month. An increase was more than likely but the recent equity market declines have made an increase less likely. Read more...
CD Rate Report - August 20, 2015 - Top 1 Year CD Rate at 1.30% APY
There were only 2 CD rate changes this week as financial institutions wait for the September Federal Reserve meeting and potential rate hike. My e-BAnC by BAC Florida Bank increased their 18 month rate 1 basis point to 1.21 percent APY and EverBank lowered their 4 year rate to 1.87 percent, a decline of 4 basis points. Read more...
CD Rate Report August 10, 2015
There were several changes to CD rates this week. The good news is, most of the changes were higher and there was only 1 decrease. The biggest increases were on EverBank's 3 month rate and E-Loan's 3 year rate. E-Loan also had the majority of increases this week. Read more...
9 CD Rates Increased - 8 CD Rates Decreased in June
Banks and credit unions have been all over the place with their rates. In our database of CD rates, there were 9 CD rate increases and 8 CD rate decreases in June. Average CD rates on 2 year, 3 year and 5 year certificates of deposit moved slightly higher while 3 month and 6 month rates were unchanged. Read more...
CD Rate Report June 2, 2015: Best 6 Month CD Rate at 1.00 Percent
A couple of banks increased their CD rates this past week. California First National Bank increased their 6 month CD rate from 0.85 percent to 0.95 percent, putting them in second place in our 6 month rate database. CIT Bank increased their 2 year CD rate from 1.35 percent to 1.40 percent. Read more...
Compare Chartway Federal Credit Union's CD Rates With Other Bank Rates Below
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