CDs/Deposit Rates

Below you will find our interest rates on Deposit Accounts and Term Share Certificate Accounts (CDs). New accounts can be setup during business hours, please contact us if you have any questions.

Deposit Accounts
Account Type % APY* Terms
Regular Shares (Savings) 0.05 For balances over $50
Share Drafts (Checking) 0.00

Term Share Certificate Accounts (CDs) offer a wide variety of options for almost every investment need. Dividends are keyed to current market conditions, and generally, these rates are higher than those for Regular Share (Savings) Accounts. The rate assigned at the time of purchase will remain fixed until your certificate matures.

Certificates of Deposit (CDs)
Minimum Deposit % APY* Terms
$500 or higher 0.20
3 months
$500 or higher 0.20
6 months
$500 or higher 0.20
12 months
$1,000 or higher 0.20
18 months
$1,000 or higher 0.20
24 months
$2,000 or higher 0.25
36 months
$2,500 or higher 0.35 60 months
Please Note: Early withdrawal of certificate funds before the maturity date will result in a penalty. See your term share certificate agreement for details.

*APY is Annual Percentage Yield


Your deposits are federally insured through the National Credit Union Association (NCUA) in the National Credit Union Share Insurance Fund (NCUSIF). The fund is backed with the full faith and credit of the United States Government up to $250,000 per member account. The NCUSIF is one of the most strongly capitalized funds in the country and is funded only by credit unions for credit unions.

Visit Sallie Mae's website to learn more about financing your education.

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Drive-up Hours

Mon - Thurs: 8 a.m. to 5 p.m.
Fri: 8 a.m. to 5:30 p.m.
Sat: 9 a.m. to 12 noon

Lobby Hours

Mon - Fri: 9 a.m. to 5 p.m.
Sat: 9 a.m. to 12 noon

105 East Cherry Street
Vermillion, SD 57069

Tel: (605) 677-5214
Fax: (605) 677-5449

After Hours Card Issues:
(866) 664-9364

This Credit Union is federally insured by the National Credit Union Administration. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. © Copyright 2021
Vermillion Federal Credit Union

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