WYMAR Federal Credit Union certificate of deposit rates

February 20, 2013 1 Comment »
WYMAR Federal Credit Union certificate of deposit rates

wymar credit union cd ratesWYMAR Federal Credit Union is currently offering some of the highest CD rates in the country. Thanks to BankVibe reader John for forwarding a link to their CD rates page. (See link below)

WYMAR FCU is based out of Louisiana and has exclusive geographical restrictions for membership. See complete membership information below or on their website for further details.

Here’s the scoop (2013): After being forwarded these rates we called to confirm that that they’re still accurate despite being last updated in 2011. And as of February 2013, they ARE accurate and are not expected to change in the near future.

Anyone who’s been investing in bank deposits over the last few years, knows that the deposit market as a whole has seen rates dwindle substantially, so we were highly suspicious of these being accurate.

We know seeing rates between 1 and 2 percent doesn’t seem like much but when you compare it to today’s national averages it looks pretty respectable. To get a better idea of the deposit rate landscape in 2013, visit our CD center.

WYMAR Federal Credit Union CD Rates:

(As seen on their deposit rates page.)

Regular CDs
Term
Rate
APY*
$5,000.00 – $74,999.99
3 Months
1.20%
1.21%
6 Months
1.20%
1.21%
12 Months
1.20%
1.21%
24 Months
2.25%
2.27%
36 Months
2.25%
2.27%
48 Months
2.25%
2.27%
60 Months
2.25%
2.27%
$75,000.00 – $250,000.00
3 Months
1.45%
1.46%
6 Months
1.45%
1.46%
12 Months
1.45%
1.46%
24 Months
2.50%
2.53%
36 Months
2.50%
2.53%
48 Months
2.50%
2.53%
60 Months
2.50%
2.53%

 

IRA CDs
Term
Rate
APY*
$5,000.00 – $74,999.99
3 Months
1.45%
1.46%
6 Months
1.45%
1.46%
12 Months
1.45%
1.46%
24 Months
2.50%
2.53%
36 Months
2.50%
2.53%
48 Months
2.50%
2.53%
60 Months
2.50%
2.53%
$75,000.00 – $250,000.00
3 Months
1.70%
1.71%
6 Months
1.70%
1.71%
12 Months
1.70%
1.71%
24 Months
2.75%
2.78%
36 Months
2.75%
2.78%
48 Months
2.75%
2.78%
60 Months
2.75%
2.78%


Who can join WYMAR Federal Credit Union? 
See how these rates hold up against today’s highest yielding online CD rates available throughout the country.

Field of membership is limited to the following individuals:

  • Employees of BASF Corporation who work in Geismar, Louisiana and members of their immediate family
  • Employees of this credit union and members of their immediate family
  • Un-remarried spouses of persons who died while within the field of membership of this credit union
  • Persons retired as pensioners or annuitants from BASF Corporation
  • Organizations of such persons

Immediate family member eligibility is limited to:

  • Spouse
  • Children
  • Grandchildren
  • Relatives by blood or marriage living under the same roof in the same household
  • Daughters-in-law, sons-in-law, and grandchildren living under the same roof in the same household with children who are eligible members of this credit union.

WYMAR Federal Credit Union is a relatively tiny credit union in Louisiana. Founded in 1958, they have just 4,000 members and 9 employees. As of 2012, they control roughly $65 million in consumer deposits and service almost $45 million in loans. They are NCUA insured (# 12330).

Contact WYMAR Federal Credit Union for further details.

Rate page - wymarfcu.com

Contact – (225) 339-7191

Related Posts

  • Jim

    Those rates are WAAAAY too high. I emailed them even though I wont be able to invest anyway because Im from Texas. If those are current rates then damn