Dedicated to Deposits: Deals, Data, and Discussion

6.00% 24-Month / 5.80% 18-Month CD at a Colorado CU (Colorado Springs).

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Colorado Springs Credit Union is offering two high yield certificates: 6.00% APY 24-month and a 5.80% APY 18-month. The minimum deposit is $10,000. New money is required, and this does not apply to IRA's. This special doesn't seem to be listed at the credit union's website. It was advertised in the Colorado Springs Gazette. The ad is available online here.

You can be eligibility to join the credit union by being a member of Pikes Peak Arts Council, the Police Athletic League, Business of Arts Center, or the Asset Advisors Management Group. The Pikes Peak Arts Council has a $25 membership fee. You can also be eligible via Select Employee Groups and via family. See site for details.

The credit union is federally insured by the NCUA. It has $118 million in assets and 15,799 members.

[Update 2/8/07: Special CDs are no longer available]

  Tags: Colorado, CD rates

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Comments
4 Comments.
Comment #1 by Anonymous posted on
Anonymous
I just called phone number listed on the ad (also general # for credit union) and was told by CSR that the CDs are not available by mail. If anyone should hear differently, please holler.

1
Comment #2 by Anonymous posted on
Anonymous
I got the same answer, you actually need to go into the bank for fingerprints etc.

1
Comment #3 by Anonymous posted on
Anonymous
The special rates of 5.8% and 6.0% are no longer offered. Their special is now 13 months at only 5.18%.

1
Comment #4 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the update.

1