Dedicated to Deposits: Deals, Data, and Discussion

6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort) - Update


MCAS Beaufort FCU continues to advertise a 6.00% APY 15-month share certificate. The minimum deposit is $10,000. The credit union also continues to offer very competitive standard certificate rates for terms of one year and longer. Regular share certificate yields are 5.75% APY and IRA certificate yields are 5.88% APY.

I'm surprised by how long this special has lasted. I first reported on this last October and posted on it again last February. A reader mentioned that they do not compound but will pay interest monthly so if you do your own compounding, the APY will actually be over 6.15%. The reader also reported that this credit union has been easy to work with.

Field of membership includes all those who live or work in Beaufort County. A reader had mentioned that there are many who can qualify for membership due to their work at one of the 3 large military bases in this county or who work at Hilton Head Island which is also in the county. There's a one-time $5 membership fee and a $5 minimum deposit into the share savings account is required.

Branches are in Beaufort and Port Royal, South Carolina which are located between Charleston and Savannah. The credit union is NCUA insured. It has $63.7 million in assets and 19,325 members.

  Tags: South Carolina, CD rates, IRA rates

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