Tri-Co Federal Credit Union is offering several high yield certificates of deposit. Three rate tiers are offered for deposits of $1K, $10K and $20K for terms of 10 months, 27 months and 41 months. The rates for the $20K minimum include a 5.80% APY 41-month CD, a 5.55% APY 27-month CD and a 5.30% APY 10-month CD. These CDs are available in an IRA with rates about 0.26% higher than the regular CDs.
Field of membership is based on Select Employer Groups in the New Jersey counties of Morris, Sussex and Warren. I was also told by the CSR that you can be eligible to join via non-immediate family members including cousins. Branches are located in Morris Plains, Hackettstown and Augusta.
The credit union is federally insured by the NCUA. It has $128.7 million in assets and 13,012 members.