These CD's have several nice features. First they allow you to select a term two months under or three months over the displayed terms. So the 5.86% 60-month CD would be available in terms from 58 months to 63 months. Second, a one time per year withdrawal of $500 or more is allowed, and a one time per year addition of $500 or more is allowed without penalty if the minimum deposit requirement is maintained. This second feature applies only to the share certificates and not the IRAs.
The field of membership includes those who live, work, worship, volunteer, or attend school in Richmond, Virginia. There are also several select employee groups including area postal employees and retirees. See site for details.
The credit union is federally insured by the NCUA. It has $74 million in assets and 9,423 members.
Thanks to Richmod Bank Deals who mentioned this credit union in the finding deals post.