Dedicated to Deposits: Deals, Data, and Discussion

5.50% 4-Month Money Market Account Promo at a New Jersey CU (United Teletech Financial)

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United Teletech Financial FCU is offering a promotion on its United Money Market Account with an introductory yield of 5.50% APY for the first 4 months. The minimum initial deposit is $25,000, and it must be money new to the credit union. After the intro period, the rate adjusts to the normal tier rates (which are rather low).

Field of membership includes those who live, work, worship or attend school in Monmouth County, Ocean County and parts of central Middlesex County. Membership requires a minimum deposit of $5 into a share savings account. An online application is available.

The credit union is federally insured by the NCUA (Charter # 18195). It has $251.2 million in assets and 23,396 members.

Thanks to the reader who mentioned this special in the finding deals post.
  Tags: New Jersey

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