10% 10-Month CD at a Philadelphia CU - $1K Max (American Heritage)
Oct 17, 2006 - 8:28 AM by Ken Tumin
American Heritage FCU is offering a special 10-month IRA or Term Share Certificate with a 10% APY. The minimum/maximum deposit is $1,000. It's limited to one CD per account number. It also requires you to have an active checking or money market account. They do have a free checking account with no monthly fees or minimum balance requirements.
The low cap makes this deal less than ideal. With $1K for 10 months at 10%, you'll earn about $37 over what you would earn in a 5.50% CD.
The field of membership includes anyone who lives, works, worships or goes to school in Philadelphia, Pennsylvania and several other areas. See site for details.
The credit union is NCUA insured.
Thanks to the reader who mentioned this in the finding deals post.
The low cap makes this deal less than ideal. With $1K for 10 months at 10%, you'll earn about $37 over what you would earn in a 5.50% CD.
The field of membership includes anyone who lives, works, worships or goes to school in Philadelphia, Pennsylvania and several other areas. See site for details.
The credit union is NCUA insured.
Thanks to the reader who mentioned this in the finding deals post.
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curtis (anonymous) - #1, Tuesday, October 17, 2006 - 11:20 AM
Just wanted to note the field of membership includes relatives:
Any immediate family members of current or eligible members.
* This Includes: spouse, children, parents, siblings, grandchildren, grandparents, stepparents, and stepchildren.
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