5.85% 9-Month CD at a North Dakota CU - (First Community)

First Community Credit Union is offering a 5.85% APY 9-month certificate of deposit. The minimum is $1,000. A checking account is required for the 5.85% APY. Without checking account the APY is 5.60%. The CD allows additional deposits during the term. The money must be new to the credit union.

This add-on CD feature can be useful to protect against falling rates. If rates go down, you can always add on to this CD. However, since the term is only 9 months, it's not a huge benefit. Self-Help Credit Union also has this as a standard CD feature, but their CD rates haven't been that great for the last several months (see post).

First Community's field of membership includes individuals who reside within a seventy-five mile radius of Jamestown and a fifty mile radius of Valley City, Oakes, Napoleon, Steele, Bismarck, Wahpeton, and Wishek, North Dakota.

The credit union is NCUA insured.