Layout Image

Archive for Credit Unions – Page 3

Redstone Federal Credit Union Jumbo CD Rate Offer

Sunday, August 22nd, 2010

Redstone Federal Credit Union out of Huntsville, AL has some competitive Jumbo CDs that are worth mentioning. Although they have regular certificate of deposits they also have Jumbo CDs with slightly higher interest rates. For those who have at least $100,000 to lock down on a certificate of deposit, then a Jumbo CD at Redstone FCU might be the place.

Most credit unions have strict membership requirements but if you live in the Huntsville, AL area, you might already qualify. They extend their services to hundreds of small and local businesses and their employees. To see if you qualify for their not-for-profit credit union, you will want to contact them.

Redstone FCU has been in business since 1951 and has assets valued over $2.6 billion. They are also insured by the NCUA.

Redstone Federal Credit Union Jumbo CD Rates:

Be sure to check out the Redstone Federal CU’s website for the most up to date CD rates. They also carry an A+ grade with the BBB, check it out here.

Melrose Credit Union Is Offering Great CD Rates

Wednesday, August 18th, 2010

Melrose Credit UnionAs we have been noticing lately credit unions have been offering higher CD rates than banks.

Today we have discovered that Melrose Credit Union has some very high CD Rates being offered.

Not all credit unions allow all Americans to join.  With Melrose Credit Union all US residents can sign up for ony $1.

Check out our CD Rates page for more CD Rate information.

The minimum deposit for the listed certificates is $5000 for each term, they are compounded quarterly and do have early withdraw penalties.  Melrose Credit Union is NCUA insured.  To get more information visit their website rates page here.

With CD Rates being so low right now finding such good rates from an insured credit union is a good thing.  This may be an opportunity for you to get settled into a certificate which can produce some good earnings for you.

CD Rates Hold Firm For Week Of August 16, 2010

Monday, August 16th, 2010

CD Rates Hold SteadyCD Rates are holding steady starting off this week. There have not been any moves from the 3 Month to 5 Year CDs as the economy continues its fall, rates will stay low. CD Rates are projected to stay low until early next year, 2011. If you do get into a long term CD, ask to see if they have a one-time rate bump available, so that if rates do increase you can gain the benefits and not be stuck in an under-performing certificate of deposit.

Here are the best CDs currently available to resident’s nation wide:

Melrose Credit Union is one Credit Union that allows any U.S. resident to join with a sign up fee of $1. This makes Melrose a great option since they also have some of the Nation’s best CD rates available.

*Term August 16th Last Week
3 Month CD 1.35% 1.35%
6 Month CD 1.25% 1.25%
12 Month CD 1.76% 1.76%
24 Month CD 2.02% 2.02%
36 Month CD 2.52% 2.52%
60 Month CD 3.29% 3.29%

You can always compare the best CD rates from our database of banks and institutions to find the best options for your money.

CD Rates For Week Of August 9, 2010

Monday, August 9th, 2010

The best CD Rates in the nation for CDs between 3 months and 5 years are found here:

  • 3 Month CD – 1.35% APY at iGObanking with a minimum deposit of $500.
  • 6 Month CD – 1.25% APY at New Dominion Bank with a minimum deposit of $3,000.
  • 12 Month CD – 1.76% APY at Melrose Credit Union with a minimum deposit of $5,000.
  • 24 Month CD – 2.02% APY at Melrose Credit Union with a minimum deposit of $5,000.
  • 36 Month CD – 2.52% APY at Melrose Credit Union with a minimum deposit of $5,000.
  • 60 Month CD – 3.29% APY at Melrose Credit Union with a minimum deposit of $5,000.

These are the best places to find the highest paying CD Rates currently in the Nation. Most Credit Unions have many requirements to fulfill before you are allowed to become a member but Melrose Credit Union makes it possible for anyone to join. The cost of joining their Credit Union is $1.

You can find the most up to date CD rates from our CD Rates page.

Navy Federal Credit UnionIf you are new to CD’s (certificate of deposits), just want to get your feet wet, or have a small amount of money to invest then Navy Credit Federal Union has a great starter certificate you may be able to take advantage of.

We have been noticing that credit unions have been offering better deals on certificate of deposits then banks have  (see Northeast Community CU 2.50% APY on a 12 Month CD).  Although Navy Federals CD rates are not the best they do have a great starter package.

Check out the nations Best CD Rates.

It is called their EasyStart Certificate and here are the details.

  • 12 month term
  • 1.15% APY
  • Only a $100 Minimum Deposit

With a $100 minimum deposit almost anyone, new to CD’s or not, can take advantage of this deal.  Most of the best 12 month CD rates we see have minimum deposits in the thousands.

So if you are new to certificates and do not have much money to get started this NFCU EasyStart Certificate may be a great introduction to CDs for you.

For the fine print and other details for NFCU visit here.

Best CD Rates For Week Of July 26, 2010

Monday, July 26th, 2010

Two credit unions continue to hold the top spot for offering the highest CD Rates in the nation. Most credit unions have too many requirements for the average person but Fort Knox Federal Credit Union and Melrose Credit Union have made it easy for the average person anywhere in the U.S to apply for their CDs.

These rates continue to hold steady for the week of July 26, 2010. To find all of the current CD Rates, be sure to view our CD Rate tables.

You have to become a member with both of these credit unions before you can gain access to their top CD rates. Both credit unions have a low joining fee, which may start to eat into your earnings if you plan on only investing a small amount of money.

Your deposit at Fort Knox and Melrose Credit Union are insured by the National Credit Union Administration (NCUA), which is like the FDIC for banks.

You can always compare the best CD Rates from many banks and credit unions in our database.

Best CD Rates For Monday July 19 2010

Monday, July 19th, 2010

Sometimes the best CD rates come from local Credit Unions. Most Credit Unions only allow local residents to join their union, making it difficult on finding the best CD Rates.

We have found two credit unions who offer the top rates nationally on 3 month up to 5 year certificates of deposit.


Most credit unions if they are not only open to local residents require you to qualify for their membership. For instance Boeing used to be only opened to Boeing employees and most local teachers credit unions where only opened to teachers. Many credit unions have been laxing their restrictions to gain the business of others.

To join the Fort Knox credit union all you have to do is join the American Consumer Council right on their website. Follow the instructions on becoming a member. For “Eligibility Criteria,” use the menu to click on “American Consumer Council/Kentucky Chapter.”

Joining this credit union is simple in terms of qualifying for their membership. Once you have completed the application process you will be automatically enrolled into the consumer advocacy group which will give you access to their best CD rates.

The cost for joining their credit union is $15.

The Melrose Credit Union allows all U.S. residents to join their membership and the cost is only $1

All deposits at Fort Knox and Melrose are federally insured by the NCUA (National Credit Union Administration).

You can compare these CD rates from a list of the top CDs currently being offered and see why they are on top of the list for best CD rates so far this month.

Pages: Prev 1 2 3