5.65% 17-Month CD at Chartway FCU

Chartway FCU has a special 5.65% APY 17-month share certificate. The minimum deposit is $10K and the maximum is $250K per household. Deposit must be from funds outside the credit union. Preferred Plus, Elite 50 Plus or Premier Checking account with Direct Deposit is required. Without one of these checking accounts, the CD rate is 0.25% less.

The preferred Plus and the Elite 50 Plus checking accounts have a $10/month fee for balances under $2.5K. The Premier Checking Account has a $20/month fee for balances under $5K and a $20/month fee without direct deposit. See their website for more details.

My last post on Chartway was in December when they had a similar special but with a higher rate of 5.88% APY. They were also offering a special 7% CD. A few times last year they came out with a promotional 7% and 8% APY CDs with maximum deposits of around $7K that could be extended with new member referrals.

Field of membership includes those who live, work, worship or go to school in a defined geographic area served by the credit union's Virginia, Florida, Rhode Island and Texas branches. There are other ways to qualify for membership. Contact Chartway for details.

Branches are located in Virginia, Georgia, Rhode Island, North Carolina, Texas, Florida, Ohio and New Jersey.

Chartway is federally insured by the NCUA (Charter # 13242). It has $1.2 billion in assets and 164,014 members.

Tags: Chartway Federal Credit Union, Virginia, Georgia, North Carolina, CD rates, Rhode Island, New Jersey, Texas, Ohio, Florida