6.08% 60-Month / 5.65% 12-Month CD at a Washington State CU (Evergreen Direct)
Apr 12, 2007 - 7:59 AM by Ken Tumin
Evergreen Direct Credit Union has high yield share certificates with rates that range from 5.65% APY for a 12-month term to 6.08% APY for a 60-month term. The minimum deposit is $1,000. Partial withdrawals of principal before maturity is allowed with penalty. Early withdrawal penalties range from 180 days of interest for terms under 3 year to 545 days of interest for the 5-year CD. The penalty is applied to the amount withdrawan subject to penalty. The grace period in which you can close the CD after maturity without penalty is 7 calendar days.
Field of membership includes all those who live or work in Washington State. Membership and account opening can be done by phone or at a branch. Branches are located in Olympia and Tumwater, Washington.
The credit union is federally insured by the NCUA (Charter # 68546). It has $39.5 million in assets and 4,615 members.
Field of membership includes all those who live or work in Washington State. Membership and account opening can be done by phone or at a branch. Branches are located in Olympia and Tumwater, Washington.
The credit union is federally insured by the NCUA (Charter # 68546). It has $39.5 million in assets and 4,615 members.
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Anonymous - #1, Friday, April 13, 2007 - 2:29 AM
A 2-year penalty on a 5-year CD is insane.
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