CD rate with a 4% APY through Alliant Credit Union
We have officially hit the point in our recession where a 48 month term certificate of deposit yielding a 4.00% APY is actually competitive. With the Down down to 7500, a growing unemployment rate, failing banks (already 9 in 2009) and fears of inflation, you get a fairly stagnant savings rate – which most consumers simply hope stays above the rate of inflation.
Currently Alliant Credit Union of Illinois, has some of the highest CD rates currently available if you are willing to commit your savings to longer maturities.
Current CD Rates through Alliant Credit Union
Certificate of Deposit with minimum balance of $1,000 and maturity period of 12-17 months yields between 3.00% – 3.15% APY (depending on deposit amount).
CD with minimum balance of $1,000 and maturity period of 24-35 months yields between 3.15% – 3.30% APY (depending on deposit amount).
Bank CD’s (Certificate of Deposits) with minimum balance of $1,000 and maturity period of 36-47 months yields between 3.60% – 3.75% APY (depending on deposit amount).
Alliant Credit Union Certificate of Deposits with minimum balance of $1,000 and maturity period of 48-60 months yields between 3.85% – 4.00% APY (depending on deposit amount).
About Alliant Credit Union
Alliant Credit Union provides exclusive, lifetime benefit to employees and retirees of United Airlines and select business affiliates, employee groups, qualifying communities, family members and domestic partners. They have more than 234,000 members and nearly $5.8 billion in assets and are the eighth largest U.S. credit union out of nearly 10,000 based on asset size.
They primarily serve the people of the Chicago, Illinois surrounding area, and are fairly exclusive as far as membership goes.
