5.66% 60-Month CD at a South Carolina CU

Feb 24, 2006 - 8:51 AM by Ken Tumin

SAFE Federal Credit Union is offering some long term CD rates that are even better than rates being offered by Penfed (see post). The 5-year CD with a $50K minimum deposit pays 5.66% APY. The APY is as high as 5.77% with a $100K minimum. Below is the full list of the long term certificate rates:

Term APY for Minimums of
$1K $50K $100K
18-months 4.50% 4.76% 4.86%
24-months 4.55% 4.81% 4.92%
30-months 4.55% 4.81% 4.92%
36-months 4.75% 5.01% 5.12%
48-months 5.25% 5.52% 5.62%
60-months 5.40% 5.66% 5.77%

The credit union also offers IRA certificates of deposit with rates beteween 0.25% and 0.40% higher than these.

The field of membership includes those who live in the following South Carolina counties: Lee, Clarendon, Sumter, Kershaw, Florence, Richland and Lexington.

The credit union has branches in the South Carolina cities of Sumter, Bishopville, Camden, Columbia, Florence and Lexington.

SAFE Federal Credit Union is NCUA insured and has assets over $451M with over 96,000 members.

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