Best Bank Account Interest Rates - Summary for July 29, 2014
What Motivates People to Save?
Survey of the Best CD Rates for July 28, 2014
One Small Illinois Bank Closed by the OCC5.64% 24-Month / 6.00% 80-Month CD at an Ohio CU (Sharefax)
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POSTED ON BY Ken Tumin
Sharefax Credit Union has competitive rates on several share certificates for those at least 50 years of age and in the Classic 50 Club. The highest rate is a 6.00% APY 80-month CD. This has a $15K minimum deposit and requires a checking account with a credit card. This is the only CD with this requirement. The Jumbo certificates have a $50K minimum. The competitive CDs range from a 5.64% APY 2-year CD to a 5.80% APY 5-year CD. The competitive rates on the regular share ceritifcates range from a 5.38% APY 15-month CD to a 5.59% APY 5-year CD.
I've reported on several CD promotions from this credit union. The last one was in November when they were offering a 6% 6-month CD.
The field of membership includes all those who live, work, worship or attend school in Clermont County, Warren County and several Ohio cities and townships in Greater Cincinnati. There's also a long list of select employee groups. Branches are located in Batavio, Cincinnati, Mason and Milford, Ohio.
The credit union is NCUA insured. It has $190 million in assets and 21,621 members.
I've reported on several CD promotions from this credit union. The last one was in November when they were offering a 6% 6-month CD.
The field of membership includes all those who live, work, worship or attend school in Clermont County, Warren County and several Ohio cities and townships in Greater Cincinnati. There's also a long list of select employee groups. Branches are located in Batavio, Cincinnati, Mason and Milford, Ohio.
The credit union is NCUA insured. It has $190 million in assets and 21,621 members.