Dedicated to Deposits: Deals, Data, and Discussion

5.80% 15-Month / 5.80% 7-Month CD at an Oregon/South Carolina CU (Consolidated)

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Consolidated Federal Credit Union is offering a special certificate of deposit promotion. You can get a rate of 5.80% APY for terms of 7 to 15 months. This requires a checking account with direct deposit. Without direct deposit, the rate is 5.40% APY. The miminim is $5,000, and there's a maximum deposit of $100K per household. The CD also has a bump-up feature that allows you to adjust the interest rate one time per term without penalty (Note, this feature tends not to be too useful.)

Field of membership includes several select employer groups, and based on the application, it seems residents of Oconee County, South Carolina are also eligible. Branches are located in Portland, Oregon and Seneca, South Carolina.

The credit union is federally insured by the NCUA. It has $136.3 million in assets and 15,690 members.

  Tags: CD rates

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