5.09% 14-Month / 6.66% 62-Month CD at a Pennsylvania CU
Feb 3, 2006 - 8:48 AM by Ken Tumin
The Boeing Helicopters Credit Union has some very high yields on CDs and money market accounts. The best certificate yields range from 5.09% for a 14-month term to 6.66% for a 62-month term. There's even a 5.61% APY for a jumbo 14-month CD ($100K minimum deposit required). The money market account has an APY as high as 4.58% for deposits over $50K. The following is the list of CD interest rates and terms:
The credit union is also advertising on its front page a 5% no-penalty CD for new members. Money from your initial deposit receives 5% until its withdrawn. The money may be withdrawn at any time.
The only problem with this credit union is that it has a restrictive employer-based field of membership based on the Boeing company and employers within a 25-mile radius from Boeing's Pennsylvania Ridley Park office.
CD Term APY APY ($100K min)
14-month 5.09% 5.61%
26-month 5.35%
38-month 5.61%
50-month 5.88%
62-month 6.66%
The credit union is also advertising on its front page a 5% no-penalty CD for new members. Money from your initial deposit receives 5% until its withdrawn. The money may be withdrawn at any time.
The only problem with this credit union is that it has a restrictive employer-based field of membership based on the Boeing company and employers within a 25-mile radius from Boeing's Pennsylvania Ridley Park office.


Anonymous - #1, Monday, March 27, 2006 - 11:01 AM
I dont work fro boeing, and my current employer is within 25 miles of their office. Well, when i tried to open an account they denied me saying that no such thing exists on their website, even tho it clearly states it.
Banking Guy (anonymous) - #2, Monday, March 27, 2006 - 1:31 PM
Perhaps the employers (within 25 miles) must first apply to be on the credit union's select employers group before the employees can apply.
I have to admit that the webpage is not clear. It's also strange that the staff didn't know about this.
Thanks reporting on your experience.
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