6.17% 24-Month CD at an Iowa/Alabama CU (Cornerstone)

Cornerstone Credit Union is offering a 6.17% APY 24-month certificate. It's available as a regular CD or an IRA CD. The minimum deposit is $1K. The penalty for early withdrawal is 3 months of interest.

The field of membership is primarily limited to select employee groups. The credit union has branches in Des Moines, Iowa and Birmingham, Alabama.

Cornerstone is NCUA insured. It's a small credit union with $14.5 million in assets and just under 5,000 members.