6.00% 7-Month CD at a New Jersey/North Carolina CU (Proponent)

Oct 14, 2006 - 2:18 PM by Ken Tumin

Proponent Federal Credit Union is featuring a 6.00% APY 7-month certificate of deposit. The minimum is $1,000. New money is required. The CD is also available in an IRA. There's also an 8-month 6.00% APY CD, but this requires a checking account with direct deposit.

The field of membership is primarily employee based. There's a long list of eligible organizations and companies.

Branches are located in the New Jersey cities of Nutley, Raritan, Branchburg, Clifton, Newark, and in the North Carolina cities of Burlington and Research Triangle.

The credit union is NCUA insured. It has $382 million in assets and 24,245 members.

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