• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
APY GUY: Maximize Your Savings & Earnings

APY GUY: Maximize Your Savings & Earnings

MENUMENU
  • Saving and Spending
    • CDs
      • CD Rates Forecast 2022 – Will Rates Go Up in October and November?
      • Capital One CD Rates
      • Ally Bank CD Rates
      • Chase CD Rates
      • Citibank CD Rates
      • Discover Bank CD Rates
      • US Bank CD Rates
      • Fidelity CD Rates
      • Edward Jones CD Rates
      • Charles Schwab CD Rates
      • Navy Federal Credit Union CD Rates
      • Vanguard CD Rates
    • Savings
      • Best High Yield Online Savings Accounts for 2023
      • Affirm Savings
      • Aspiration Spend & Save
      • Bask Bank High Interest Savings
      • Citi Accelerate Savings
      • Citizens Access Online Savings Account – 2.35% APY!
      • Fitness Bank Savings Review – Now up to 3.60% APY!
      • LendingClub High Yield Savings – Now 2.75% APY!
      • Smarty Pig
      • Synchrony High Yield Savings Account – Now 2.45% APY!
      • UFB Direct Savings Account – Now 3.01% APY!
      • Alternatives to CDs and Savings
    • Checking & Debit
      • 25+ Best Debit Cards for Kids & Teens [December, 2022]
      • Best Bank Promotions & Cash Bonuses for 2022
      • Citibank Checking Account Bonuses
      • Huntington Bank Bonuses
      • PNC Bank Bonuses
      • Truist Bank Bonuses
      • Wells Fargo Checking Account Bonus
      • Chase First Banking
      • Fidelity Youth Account
      • Verizon Family Money
      • Copper Banking
      • BusyKid
      • Greenlight
  • Investing
    • Real Estate
      • Top 8 Real Estate Crowdfunding Platforms for 2022
      • Yieldstreet Review 2022 – 9.71% Avg Annual Returns
      • CrowdStreet
      • Fundrise Review: Compare Annual Returns vs Competitors
    • Stocks & More
      • Best Stock Screening Service
      • MotleyFool
      • Stansberry Research
      • Seeking Alpha
      • Zacks Investment Research
      • Citi Personal Wealth Management
      • Robinhood Cash Management
      • Fidelity Cash Management
You are here: Home / CD Rates / Citadel CD Rates – Now up to 4.20% APY!

Citadel CD Rates – Now up to 4.20% APY!

editorial staff
January 3, 2023

Citadel Credit Union is a regional credit union based out of Exton, Pennsylvania that was founded in 1937.

Today they hold roughly $4.4 billion in assets and service more than 240,000 members across Bucks, Chester, Delaware, Montgomery, Lancaster, and Philadelphia Counties in Pennsylvania.

They offer some fairly competitive CD (certificate of deposit) rates with terms ranging from 3 months to 7 years.

If you reside in Pennsylvania and are looking to open a CD, you may want to consider Citadel. To see if their rates and terms are right for you, continue reading our review below.

In this post you'll learn:

  • Citadel Credit Union CD Rates + Account Details
  • CD Rates
  • Grace Period and Early Withdrawal Fees
  • How to Open and Fund the CD
  • How to Join

Citadel Credit Union CD Rates + Account Details

image credit: citadelbanking.com

Citadel Credit Union is federally insured by the NCUA (FDIC equivalent for credit unions) and all consumer deposits held with them are insured up to $250,000 per depositor.

All Citadel CDs require a minimum deposit of at least $500 to open.

CD Rates

CD TermAPY
3 months0.80%
6 months1.00%
12 months2.65%
18 months3.65%
24 months3.75%
30 months3.85%
36 months4.00%
48 months4.10%
60 months4.20%
84 months4.20%
APY = Annual Percentage Yield

To put the rates above into perspective, the current national average for a 12 month CD and a 60 month CD sit at 1.07% and 1.09% APY, respectively, according to FDIC data.

That said, there are a number of online banks and credit unions with nationwide acceptance that are now offering above the 4.50% and 4.75% APY mark for the same respective terms.

📌 Bonus! In Citadel Credit Union’s Certificate of Deposit disclosure form (found here) they mention a bonus APY for deposits of $75,000 or greater. They do not mention the specific bonus amount, so you’ll have to call them directly at (800) 666-0191 to take advantage of this offer.

Grace Period and Early Withdrawal Fees

Upon the maturity of any Citadel Credit Union CD, you will have a 10 calendar-day grace period in which you may modify the CD (either by term or deposit amount) or close the CD out entirely without incurring any early withdrawal penalty fees. If nothing is done during this 10 day window your CD will automatically renew into the same term and the going APY at that time.

If you need funds from your CD prior to its maturity you will face an early withdrawal fee. The fee structure is as follows:

CD TermFee
12 months or less90 days’ of dividends
more than 12 months, less than 3 years180 days’ of dividends
3 years or more365 days’ of dividends

We should note that these fees may impact your principal investment if your account has not earned enough interest to cover the early withdrawal penalty.

How to Open and Fund the CD

Once you’re a member (see requirements in section below) you can open and fund your CD either online or in a local branch. The online process is simple and straightforward and should take less than 10 minutes according to Citadel.

Here’s what you’ll need to complete the process in minutes:

  • Social Security Number
  • Driver’s License (or other government issued ID)
  • Bank or credit union routing number (if not funding from any Citadel account). This should be your current bank where the funds will come from to fund your Citadel CD.
  • Account number
  • Minimum Opening Deposit

You’ll also need basic personal information like email address, phone number, address, etc.

How to Join

Membership is only available to those who live, work, worship or study in the following Pennsylvania counties:

  • Bucks
  • Chester
  • Delaware
  • Lancaster
  • Montgomery
  • Philadelphia

You are also eligible to join Citadel if someone in your family or member of your household is also a member. This applies no matter where you live.

You will also need to open a Star Savings ‘share’ account with at least $5.00 to complete your membership. This share account will automatically be opened for you if you’re opening a CD.

ABOUT THE AUTHOR

editorial staff: A group of savers, investors, side-hustlers and entrepreneurs serve the editorial team with a combined 20 years experience in entrepreneurship, banking and blogging.
Read More

Filed Under: CD Rates

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

APY Updates

  • Ivy Bank Review – Deposit Rates up to 4.85% APY!
    January 27, 2023
  • Best CD Rates in New Jersey – Up to 4.60% APY!
    January 26, 2023
  • PenFed Credit Union CD Rates – Now up to 4.70% APY!
    January 26, 2023
  • Capital One CD Rates – Now up to 4.30% APY!
    January 25, 2023
  • Ameriprise Financial CD Rates – Now up to 4.40% APY!
    January 24, 2023
  • Webster Bank CD Rates – Now up to 4.25% APY!
    January 23, 2023
  • Flagstar Bank CD Rates – Now up to 4.00% APY!
    January 23, 2023

The Big Banks

  • Bank of America CD Rates
  • Capital One CD Rates
  • Citibank CD Rates
  • Chase Bank CD Rates
  • Wells Fargo CD Rates
  • U.S. Bank CD Rates

Noteworthy Credit Unions

  • Navy Federal Credit Union CDs and Savings
  • Patelco Credit Union CDs and Savings
  • PenFed CDs and Savings
  • Connexus Credit Union CDs and Money Market

Brokered CDs

  • Edwards Jones
  • Charles Schwab
  • Fidelity
  • Vanguard

Alternatives

  • 12 Alternatives to CDs and Savings Accounts

Real Estate Investment Platforms

  • Fundrise - up to 22% Returns
  • CrowdStreet - up to 17.1% Returns
  • Yieldstreet - Avg 10.61% Returns

Footer

Disclaimer

APY GUY strives to keep its information as accurate and up to date as possible. This information may be different than what you see at a bank, credit union or other financial institution. This applies to both in person visits and their website(s). Any financial products or services represented or discussed on this website are without warranty. When evaluating offers viewed on APYGUY.com, please read the financial institution’s Terms and Conditions.

About Us. Privacy Policy. Terms Of Use. How We Make Money.

Categories

Connect with Us:

  • Email
  • Facebook
  • LinkedIn
  • Twitter

Know of a fantastic APY offered by your local bank or credit union?

Don’t be shy, please share!

Send an email to hello@apyguy.com with the name of the institution, rate (APY) and type of product.

Our editorial staff will confirm the product, rate and APY (annual percentage yield) with the institution and publish it immediately for our viewers.

Copyright © 2023 - APYGUY: Maximize Your Savings & Earnings

Home>CD Rates>Citadel CD Rates – Now up to 4.20% APY!