10% 10-Month CD at a New Jersey CU - $1K Max (Credit Union of New Jersey).
Dec 30, 2006 - 1:45 PM by Ken Tumin
The Credit Union of New Jersey has a special 10% APY 10-month certificate. The minimum and maximum deposit is $1,000. Only one CD is availalbe per account number. It requires a checking or money market account. They do offer a free checking account. This CD offer lasts through December 30, 2006. New money is required.
Due to the $1K cap, it's not a great deal. You can make about $42 more than keeping it in a 5% savings account (assuming no changes in rates for the next 10 months).
The field of membership includes those who live, work or worship in the Ewing Township. There's also a long list of select employer groups. Family members are also eligible, and note, they include aunts, uncles, in-laws and cousins.
The credit union is NCUA insured. It has $209 million in assets and 34,577 members.
Due to the $1K cap, it's not a great deal. You can make about $42 more than keeping it in a 5% savings account (assuming no changes in rates for the next 10 months).
The field of membership includes those who live, work or worship in the Ewing Township. There's also a long list of select employer groups. Family members are also eligible, and note, they include aunts, uncles, in-laws and cousins.
The credit union is NCUA insured. It has $209 million in assets and 34,577 members.
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