Dedicated to Deposits: Deals, Data, and Discussion

6.25% 24-Month CD at a North Carolina CU (United Services)


United Services Credit Union is offering a 6.25% APY 24-month and a 6.00% APY 12-month FLEX certificates of deposit. The minimum is $5K and the maximum deposit is $100K. The credit union also has a high yield Tiered Money Market account with an APY of 5.70% for balances over $50K. The minimum deposit is $2.5K. Balances between $2.5K and $15K earn 4.70% APY.

The FLEX CD has many nice features. It's a fixed rate CD with dividends paid monthly or at maturity. You're allowed a one time withdrawal of money without penalty. Up to 50% can be withdrawn as long as a minimum $5K balance remains. Members can add additional money at any time and can do a one time bump in interest rate at any time between the first 6 months and the last 3 months of the term.

The field of membership is primarily limited to Select Employer Groups which include employees of any medical facility or medically related group in the Asheville, NC area and surrounding counties of Western North Carolina. Membership requires a one-time fee of $5 and a minimum $25 deposit into a share savings account. Membership application can be submitted online.

The credit union is NCUA insured. It has $30 million in assets and almost 9,000 members. It has a 5 out of 5 star rating (superior) at Bauer Financial.

Thanks to Victor who mentioned this credit union in the finding deals post.