Dedicated to Deposits: Deals, Data, and Discussion

5.90% 73-Month CD at a Minnesota CU - 6.15% Jumbo (Minnesota Valley)

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Minnesota Valley FCU continues to offer a high yield on its long term certificates. The 73-month CD has a yield of 5.90% APY and the 61-month CD has a yield of 5.60% APY. The minimum deposit is $500. Higher rates are available for larger deposits (an extra 0.10% for $25K deposit to an extra 0.25% for a $100K deposit).

These CD rates were 0.35% higher when I first reported on these in September.

Field of membership includes those who live, work, volunteer or worship in the Blue Earth, Nicollet, or LeSueur Counties. A $25 minimum deposit is required into the share savings account.

Branches are located in Mankato, Minnesota which is about 50 miles southwest of Minneapolis. The credit union is federally insured by the NCUA. It has $49.0 million in assets and 8,241 members.

Thanks to the reader who mentioned this in the finding deals post.

  Tags: Minnesota, CD rates

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