15 month CD special by Fort Financial Credit Union
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…So here is the latest in BankVibe’s quest for 3.0% APY FDIC insured investments: Fort Financial Credit Union out of North Carolina is offering customers using new money a 15 month CD yielding 3.05% APY (if you are already banking with them and cannot fund this account with new money they will still offer you a respectable 2.75% for the same 15 month duration.)
It’s a bit discouraging to say the least that we can’t get over this 3.0% APY hump that seems to be in place for shorter term deposits, but local credit unions and banks are constantly running CD rate promotions that will at least crush the current national averages.
To sign up for Fort Financial Credit Union’s “Spring Savings Special” CD rates you must first become a member. Like many credit unions there are geographical restrictions in place for membership.
If you live in the following cities you may be eligible for membership:
Corinth, Mississippi
Fort Wayne, Indiana
Gastonia, North Carolina
Janesville, Wisconsin
Marion, Indiana
Morganton, North Carolina
South Beloit, Illinois
If you know of a short term deposit (6 – 18 months) yielding 3.0% PLUS please let us know about it by leaving a comment!
July 3rd, 2009 at 11:11 am
why are the phone numbers for these branches not posted here?????
February 11th, 2010 at 12:58 pm
My credit union in Mebane, NC offers 1.75% on a 14 month cd. This requires a $250 minimum depost. However, you can enjoy a one time early withdrawal after the first sixty days. This rate is much better. Wish I lived in Gastonia.