8.16% 5-Month CD at a Wisconsin CU - $4K Max (Northwoods Community)

Northwoods Community Credit Union is offering a special 8.16% APY 5-month share certificate. The minimum deposit is $2,000 and the maximum is $4,000. Only one promotional CD per member is allowed, and it requires new money. There's another CD special without a deposit cap. This one has a yield of 5.47% APY and a 8-month term. The minimum deposit is $4,000.

The 8.16% CD will earn you about $50 over what you could get a 5.16% CD if you deposit the maximum $4K. It's not a lot, but at least it doesn't require a checking account which is common for these kinds of deals. Since it's only limited to one per member, both a husband and wife should be able to open one for a total of $100 extra earnings.

Field of membership includes those who live or work in one of the following Wisconsin counties: Ashland, Bayfield, Iron, Oneida, Price, Sawyer or Vilas.

The credit union is federally insured by the NCUA. It has $43.6 million in assets and 5,801 members.

Tags: Northwoods Community Credit Union, Wisconsin, CD rates