5.01% 6-Month CD at a Florida CU

The Sarasota Municipal Employees Credit Union has rates over 5% on all terms of its CDs. The share certificate rates include a 5.01% APY for a 6-month term and a 5.12% APY for a 12-month term. The rate goes up to 5.35% for a 60-month CD. The only problem is that these rates require a $50K minimum deposit. There are three other tiers with lower minimums with much lower rates.

Another problem with this credit union is a very restrictive field of membership which seems limited primarily to City of Sarasota employees.