Dedicated to Deposits: Deals, Data, and Discussion

5.77% 19-Month CD at a Virginai CU (Newport)


Newport News Shipbuilding Employees' Credit Union is offering some competitive certificate specials. The highest rate is a 5.77% APY 19-month CD. The others include a 5.51% APY CD with terms of either 8 months or 37 months. The minimum deposit is $2.5K. These special rates require maintaining a checking account with direct deposit. Without this relation, the rates are about 0.25% lower. These same specials are also available in an IRA certificate. The IRA minimum is $1K.

The field of membership includes those who live, work, worship, volunteer or attend school in the Virginia counties of Gloucester, Isle of Wight, James City, Southampton, Surry and York. See site for details.

The credit union is federally insured by the NCUA. It has $941 million in assets and 95,240 members.