Dedicated to Deposits: Deals, Data, and Discussion

6.02% 60-Month CD Continues at a South Carolina CU - $100K+ (SAFE FCU)

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SAFE Federal Credit Union continues to offer high long-term certificate rates. The CDs include a 6.02% APY 60-month CD with a $100K minimum, a 5.92% APY 60-month CD with a $50K minimum and a 5.65% APY 60-month CD with a $1K minimum. IRA CDs have rates about 0.25% higher.

This credit union has had high CD yields since I first noticed them over a year ago. My last report on them was in March.

Field of membership includes those who live in the following South Carolina counties: Lee, Clarendon, Sumter, Kershaw, Florence, Richland and Lexington. There's also over 500 Select Employer Groups.

The FOM webpage also mentions to contact them to find other ways to be eligible. A reader who commented in my November post did this and was able to qualify for membership by joining a local SC American Legion. He found the customer service very helpful. He recently opened their 60-month IRA CD by mail.

The credit union has branches in the South Carolina cities of Sumter, Bishopville, Camden, Columbia, Florence and Lexington. It's federally insured by the NCUA (Charter # 9988). It has $516.4 million in assets and 100,225 members.
  Tags: South Carolina, CD rates, IRA rates

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