6.19% 36-Month CD IRA at NGFCU (Open To All)

Northrop Grumman FCU is offering a 3-year certificate IRA with an APY of 6.19%. The minimum for this rate is $40K. An APY of 5.93% is available with a minimum deposit of $2K.

In July, NGFCU had been offering IRA CD rates as high has 6.60% APY (see post). It has also mantained competitive regular CD rates, although the rates have fallen off quite a bit from a few months ago. The current 6-month CD rate is 5.40% APY for a minimum balance of $40K.

In addition to employees of Northrop Grumman, the credit union's field of membership includes members of the Southern California Historical Aircraft Foundation. The credit union allows you to join this foundation concurrently with your membership to the credit union. The minimum payment is $15 which includes a one year membership to this foundation, a one-time fee for the credit union and an initial deposit of $5 to open a regular share account.

The credit union has branches in several cities of California, Illinois, Maryland, Virginia, Louisiana and Florida.

The credit union is NCUA insured. It has $538 million in assets and over 50,000 members.

Thanks to the reader who mentioned this IRA CD in the old finding deals post.