Congressional Federal Credit Union Increases 1-Year Flexible Savings Certificate Rate to 6.00% APY
Congressional Federal Credit Union has announced an increase in the Annual Percentage Yield (APY) for its 1-year Flexible Saver Share Certificate to 6.00%. The product is specifically designed to lower barriers for first-time savers, allowing for a minimum opening deposit of just $100 and permitting additional deposits throughout the 12-month term up to a maximum balance of $1,000. The initiative aims to foster financial confidence by providing a high-yield option that does not require large initial capital. This move is part of the credit union's broader strategy to offer accessible financial solutions to its more than 52,000 members nationwide. The rate adjustment was effective as of August 3, 2026.
Topics: credit unions interest rates savings products
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Part of the story Congressional Federal Credit Union Announces Nationwide 4.40% APY Certificate Promotion (2 articles)