Dedicated to Deposits: Deals, Data, and Discussion

5.65% 24-Month / 5.55% 12-Month CD at a Washington DC Credit Union Continues (Washington Telephone)


Washington Telephone FCU is continuing to offer special preimum rates for 12 and 24 month certificates. The 12-month certificate has a yield of 5.55% APY and the 24-month certificate has a yield of 5.65% APY. There's a $2,500 minimum deposit for the 12-month term, and $5,000 minimum for the 24-month term. It requires new money. I had first reported on this in February. The special is now scheduled to last until May 31, 2007.

Field of membership includes those who live, work, worship or attend school in Washington DC or inside the Beltway in Prince George's County, Maryland. You can also be eligible via family and select employer groups. See site for details. Membership requires a $5 deposit into the main savings account.

Branches are located in Maryland, Virginia and Washington DC. The credit union is federally insured by the NCUA (Charter # 5571). It has $243.5 million in assets and 33,938 members.

  Tags: Virginia, Maryland, CD rates

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