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Massillon Area Credit Union’s special 9 month CD rate

March 27th, 2009 Posted in bank CD rates

Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.

Massillon Area Credit Union out of Ohio just extended their 9 month certificate of deposit special until the end of March.  This 9 month CD comes with an interest rate of 2.97% or 3.0% APY and has a minimum deposit of $1,000. The current national average for 12 month CD’s is slightly less than 2.20% which makes this a pretty lucrative deal.

If you are looking for safe and temporary investments, then 6-12 month CD’s are probably a good bet. The current rates aren’t great but if you find CD rate promotions offered by local banks and credit unions you can usually snag a rate that tops the national average for 50% or so. Another benefit of the short maturity date is that your money stays relatively liquid and gives you the flexibility to move on to more lucrative investments should they present themselves in the near future.

Massillon Area Credit Union Special 9 month CD terms and conditions:

Rates are subject to change weekly

Dividends compounded quarterly

Penalty for early withdraw

About Massillon Area Credit Union (as seen on website)

The Massillon Area Credit Union (MACU) was founded in 1958 to serve the financial needs of employees of the Massillon school system. In 2001, MACU became a Community Charter credit union. Now, all business, individuals and their families who live, work, worship, or attend school in Stark County, Ohio are eligible to join.

MACU is a full-service financial institution with over $31 million in assets and serving more than 4,500 members. The friendly staff at MACU is fully committed to servicing its membership.

Your shares, commonly known as savings, are protected up to $250,000.00 per account. This unparalleled level of protection is possible because of our affiliation with American Share Insurance, (ASI), the nation’s largest private deposit insurer.



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