Dedicated to Deposits: Deals, Data, and Discussion

6.00% 4-Month CD at a Michigan CU (Huron River Area).

POSTED ON BY

Huron River Area Credit Union has changed their 6% CD special from a 6 month term to a 4 month term. The APY remains at 6.00% and the minimum deposit at $5K. According to the disclosure page, this new offer expires December 30, 2006. I had first reported on this 6% CD special last month.

It appears anyone is eligible to join the credit union by enrolling in the organization Learn & Earn Credit.org. In addition, the field of membership includes select employer groups and other affiliations in the Washtenaw, Livingston, Wayne, Oakland, and Macomb counties. Please refer to their membership page for more details. Credit union membership requires a minimum $6 deposit into your regular savings account.

According to the CSR, you can apply for membership and the CD by mail. The application requires a notarized signature and a copy of your ID. Please refer to the credit union's site to request more info.

Branches are located in the Michigan cities of Ann Arbor, Chelsea, Auburn Hills, Centerline, Howell and Brighton.

The credit union is NCUA insured. It's a moderate size credit union with $312 million in assets and over 39k members.

Thanks to the reader who mentioned this update.

Comments
2 comments.
Comment #1 by Anonymous posted on
Anonymous
I'm looking into opening this account and see that it has been extended to 1/29 on the website.

1
Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Thanks. Nice to see it has been extended. I did a new post on this here.

1