Dedicated to Deposits: Deals, Data, and Discussion

7.00% 7-Month / 5.88% 18-Month CD at a Multi-State CU (Chartway FCU).

POSTED ON BY

Chartway FCU has some nice certificate specials (see rate pdf). The first is a 7.00% APY 7-month premimum certificate. Both the minimum and maximum deposit is $7K. It's available to new members and existing members when they refer a new member who joins and the new member opens either a prime share account and the 7% certificate, or opens a prime share and checking account with direct deposit of $500+ per month. Limit of up to 3 certificates per member.

This is very similar to Chartway's 8% CD promotion last June except that new members don't have to get a referral. Feel free to use this post if you're already a member and are looking for someone who would like to be referred. If you know of ways that a member can be eligible to join Chartway, this may help you get new members. If you refer 3 new members, that's $21K at 7% for 7 months which would be about $183 over what you would earn from a 5.50% 7-month CD.

In addition to this 7% CD, Chartway also has a good CD deal that doesn't require referrals. It's a 5.88% APY 18-month certificate of deposit. The minimum is $10K and the maximum is $250K per household. Preferred Plus, Elite 50 Plus or Premier Checking is required. Without one of these checking accounts, the CD rate is 0.25% less.

The preferred Plus and the Elite 50 Plus checking accounts have a $10/month fee for balances under $2.5K. The Premier Checking Account has a $20/month fee for balances under $5K and a $20/month fee without direct deposit. See their website for more details.

The field of membership includes those who live, work, worship or go to school in a defined geographic area served by the credit union's Virginia, Florida, Rhode Island and Texas branches. There are other ways to qualify for membership. Contact Chartway for details.

Branches are located in Virginia, Georgia, Rhode Island, North Carolina, Texas, Florida, Ohio and New Jersey.

Chartway is NCUA insured with $1.2 billion in assets and 162K members.

[Edit 12/30/06: These CD promotions seems to have ended as of Dec 30, 2006]


Comments
14 Comments.
Comment #1 by Anonymous posted on
Anonymous
I'm a Chartway CU member. Anyone who needs a referral, please send me an e-mail, cumember@bellsouth.net.

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Comment #2 by Anonymous posted on
Anonymous
I am Chartway Credit Union member and looking to open the 7M 7% special. If you are not a member and need a referral please email me at leo.canzoneri@verizonbusiness.com

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Comment #3 by Anonymous posted on
Anonymous
Have been a Chartway member for a while and have refered a few people during their 8% promotion. If you are interested drop me an email I would be glad to refer you.
mike_07650@yahoo.com

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Comment #4 by Anonymous posted on
Anonymous
I'm a Chartway CU member in Houston, Texas. I would gladly refer you. E mail me at
markashlawyer@yahoo.com.

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Comment #5 by Anonymous posted on
Anonymous
I'm looking for a referral from a new member who has just opened a Chartway FCU 7%,7M $7K certificate or a checking w/direct deposit so that I can open a 777 as well. Please email me at leo.canzoneri@verizonbusiness.com

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Comment #6 by Anonymous posted on
Anonymous
I live in Cincinnati, OH. I emailed them about joining and openoing (6)
7% / 7 month certificates. No answer from them. What is required of me to join?

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Comment #7 by Banking Guy (anonymous) posted on
Banking Guy
To determine if you are eligible to join, I recommending calling them. Here's their contact page. There seems to be ways other than where you live in which you can be eligible such as where you work. Also, you can always be eligible via immediate family. Unfortunately, they don't provide these details on their website.

Current members, if you can find out some legitimate ways that people can be eligible to join, that may improve your chance of referring a new member.

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Comment #8 by Anonymous posted on
Anonymous
If you need a referral to get 7% interest on Chartway membership, please send e-mail to Pal3313@aol.com
Thanks

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Comment #9 by Anonymous posted on
Anonymous
If you need a f referral to become a member and get the 7% promo, please contact me.
Fortme@aol.com

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Comment #10 by Anonymous posted on
Anonymous
I am a member of Chartway CU. Contact me if you need a referral for membership.
pal3313@aol.com

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Comment #11 by Anonymous posted on
Anonymous
If you need a referral, please contact me with you full name at

pal3313@aol.com

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Comment #12 by Anonymous posted on
Anonymous
If you need a referral, please email at the following with your full name.

pal3313@aol.com

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Comment #13 by Anonymous posted on
Anonymous
If you need a referral, email me at qkslvr01@hotmail.com

Merry Christmas!

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Comment #14 by Anonymous posted on
Anonymous
Have been a Chartway member for a while and have refered a few people during their 8% promotion. If you are interested drop me an email I would be glad to refer you.
mike_07650@yahoo.com

1