18 month jumbo CD through Advancial Federal Credit Union
Just got tipped off on a high yielding 18 month CD and 18 month jumbo CD being offered through Advancial Federal Credit Union out of Texas.
Their regular 18 month CD carries an APY of 3.17% and their 18 month jumbo CD carries and APY of 3.37%. In order for your certificate of deposit to qualify as a “jumbo” it must meet the minimum deposit amount of $50,000.
Like most credit unions, this one comes with some exclusive requirements as far as membership is concerned. In order to be a member of Advancial you must be employed by one of their select employee groups (SEGs). You may also be a parent, grandparent, spouse, brother, sister, child or grandchild of a current member. Once you are a member of Advancial, you will always be a member as long as you maintain the minimum Savings balance.
Besides their 18 month certificates, they have other CD products which significantly trump the national average (see below). Apply for membership.
| Certificates | ||||||
| Regular & IRA Certificate $1,000 Minimum | Junior Jumbo & IRA Junior Jumbo Certificates $25,000 Minimum |
Jumbo & IRA Jumbo Certificate $50,000 Minimum |
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| Annual Percentage Yield (APY) | Dividend Rate | Annual Percentage Yield (APY) | Dividend Rate | Annual Percentage Yield (APY) | Dividend Rate | |
| 3 months | 2.32% | 2.30% | 2.43% | 2.40% | 2.53% | 2.50% |
| 6 months | 2.45% | 2.42% | 2.55% | 2.52% | 2.65% | 2.62% |
| 1 year | 2.84% | 2.80% | 2.94% | 2.90% | 3.04% | 3.00% |
| 18 months | 3.17% | 3.12% | 3.27% | 3.22% | 3.37% | 3.32% |
| 2 years | 3.55% | 3.49% | 3.65% | 3.59% | 3.75% | 3.69% |
| 3 years | 4.14% | 4.06% | 4.24% | 4.16% | 4.34% | 4.26% |
| 4 years | 4.54% | 4.45% | 4.65% | 4.55% | 4.75% | 4.65% |
| 5 years | 4.95% | 4.84% | 5.05% | 4.94% | 5.16% | 5.04% |
May 13th, 2009 at 4:06 pm
Man the 5 year CD rate is better than the 18 month rate in my opinion.
May 27th, 2009 at 7:57 pm
What do you have to do to become a member of this credit union? Or do you have to really be a member.