Dedicated to Deposits: Deals, Data, and Discussion

5.50% 12-Month CD at a Pennsylvania CU (PA HealthCare)


PA HealthCare Credit Union is offering a special 12-month share certificate with a yield of 5.50% APY. The minimum deposit is $1,000. They also have some very competitive long term rates including a 5.61% APY 5-year CD. An extra 0.25% is available on certificates with terms of 3 years and longer for minimum deposits of $50K.

Field of membership is primarily based on select employee groups most of which includes health care industry employees, independent contractors, or self-employed persons that work in any of the Southwestern Pennsylvania counties of Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, and Westmoreland counties. See site for details. Membership requires a one-time fee of $1 and a minimum $25 deposit into your share savings account.

The credit union is federally insured by the NCUA (Charter # 63714). It has $19.4 million in assets and 3,124 members.

  Tags: Pennsylvania, CD rates

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Comment #1 by Mike (anonymous) posted on
I'm in PA and I just got a nice looking invite in the mail for WTDirect. Looks like they have an offer out for 5.50% (interest rate, not APY) for 3 months. Can anyone tell me what the APY is for 5.50%? Just want to compare.

The invite points you to this site (which I haven't seen anywhere else). It's weird, the code is already there!


Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the info. The APY for an interest rate of 5.50% would be around 5.64% which is a pretty good 3-mo promotional rate.

About the webpage, it does imply that it's only for those invited. However, since the invitation code is prefilled, it's likely they didn't implement a real invitation system with unique codes.