5.97% 21-Month CD at a Massachusetts CU (NMTW)

Oct 18, 2006 - 5:59 PM by Ken Tumin

Northern Massachusetts Telephone Workers Credit Union has a special 21 month certificate of deposit with an APY of 5.97% (5.80% interest rate). The minimum is $500. It's also available as an IRA with an APY of 6.08% (5.90% interest rate) with the same minimum.

The field of membership includes anyone who lives, works, or attends school within Middlesex or Essex County, MA. It also includes some cities within the counties of Worcester and Norfolk, MA and the counties of Rockingham and Hillsborough, New Hampshire. See site for details.

Branches are located in the Massachusetts cities of Lowell, Framingham and Danvers.

The credit union is NCUA insured. For deposits exceeding $100K (or $25K for IRAs), the credit union is insured by MSIC.

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