5.75% 60-Month CD at a Virginia CU (Apple)

Apr 23, 2007 - 6:32 PM by Ken Tumin

Apple Federal Credit Union
Apple Federal Credit Union is offering a high rate of 5.75% APY on its Jumbo certificate. The minimum deposit is $50,000. A yield of 5.50% APY is available for 5, 7 and 10 years with a $500 minimum deposit. These rates are also available for IRA certificates.

Apple FCU had been offering some nice shorter term CD promotions including a 6.30% 14-month IRA and a 5.75% 16-month CD. These are now over.

Field of membership is primarily limited to select employment groups. There are some associations listed. Please check with the credit union to see if an association membership can qualify you to join.

Apple FCU is located in Fairfax, Virginia and has additional branches in Centreville, Falls Church, Herndon, Manassas, Alexandria, Springfield, Stafford, Winchester, Woodbridge and Washington, DC.

The credit union is federally insured by the NCUA (Charter # 11307). It has $915.8 million in assets and 80,950 members.

Thanks to the reader who mentioned these new rates.

[Edited 6:30pm: Updated info on association membership qualifications.]

Banks Mentioned in this Post:

Apple Federal Credit Union
Locations: 21   Health Rating:
 
Recent Posts: Higher Long-Term CD Rates at Apple Fed... | Special 14-Month IRA CD at Apple Feder...
Latest Review: "I have moved to California, but still have never found such a great banking in..."


In order of date posted. - Sort by votes
Anonymous

Anonymous - #1, Monday, April 23, 2007 - 3:48 PM

I caaled you have to be Employess of Catholic Charities to join Apple FCU


1
Banking Guy

Banking Guy (anonymous) - #2, Monday, April 23, 2007 - 6:31 PM

Thanks for checking on this. I've updated the post to let readers know they should check with the credit union before joining any of the associations.


1
Anonymous

Anonymous - #3, Thursday, May 3, 2007 - 11:10 AM

Apple permits membership if you join Northern Virginia Athletic Directors, Administrators, and Coaches Association. Membership is $10 and you can mail to Apple with your initial application.
C


1
Banking Guy

Banking Guy (anonymous) - #4, Thursday, May 3, 2007 - 6:30 PM

Thanks for the info about that association. The FOM page didn't list the association website link. I think I found it on google here.

So Apple will accept the association membership form and $10 membership fee?


1
Anonymous

Anonymous - #5, Saturday, May 5, 2007 - 11:52 PM

Synopsis of email “conversation’ with Apple FCU.

Good Afternoon, Does membership in Catholic Charities USA qualify a person for Apple Credit Union membership, or is employment with them required? Are there any other membership groups that provide eligibility? Thank you for the assistance.
Reply
Membership is open to employees of Catholic Charities. However, you may join Apple if you are a member of NAVADACA. http://www.nvadaca.org/ Let us know how we can help. Call us at 703 788-4800 or visit us on the web at Apple Federal Credit Union

During a follow-up phone conversation with Apple FCU, the Branch Manager stated I could send all the applications to him. However, a separate check must be provided for membership with NAVADACA.
C


1

Add Your Comment


Post a Comment