5.90% 15-Month CD and 5.12% 8-month CD

Nov 14, 2005 - 1:51 PM by Ken Tumin

USA One National Credit Union is offering a special 15-month CD with a rate of up to 5.90% APY. It also is offering a 8-month CD with a rate of up to 5.12%. To get these rates requires a minimum deposit of $60K. Lower rates are offered for smaller deposits. Below is a list of rates per deposit amount:

15-Month CD
APY Minimum Deposit
5.38% $10K
5.48% $20K
5.58% $30K
5.68% $40K
5.78% $50K
5.90% $60K

8-Month CD
APY Minimum Deposit
4.59% $10K
4.69% $20K
4.79% $30K
4.89% $40K
4.99% $50K
5.12% $60K

Field of membership is limited to those who reside or work within a 12.5 mile radius of Homewood, Illinois. There are also other eligibility allowances based on other communities and based on employers.

For the commenter who left the note about this credit union, thanks!

In order of date posted. - Sort by votes
Anonymous

Anonymous - #1, Wednesday, January 11, 2006 - 3:33 PM

ASI insured; not NCUA - Just an FYI

basically the deposit is NOT insured by the government.


1
Banking Guy

Banking Guy (anonymous) - #2, Wednesday, January 11, 2006 - 6:58 PM

Thanks for the FYI. I had missed this. This is the same insurer that Patelco has (see info).


1
Banking Guy

Banking Guy (anonymous) - #3, Wednesday, January 11, 2006 - 7:02 PM

BTW, these CD specials seem to have expired when I checked on Jan 11, 2006. The current best CD deal is a 4.59% APY 12-month CD.


1

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