EXPIRED: 5.75% 15-Month / 5.55% 9-Month CD at a Utah CU Continues (Tooele)
Update: Rates have fallen. Tooele FCU now operates under the name HeritageWest and is a division of Charter FCU.
Tooele FCU continues to offer 3 special certificates. These include a 5.75% APY 15-month CD, a 5.65% APY 13-month CD and a 5.55% APY 9-month CD. The minimum deposit for the 13-month CD is $5,000. The minimum for the other two is $1,000. Both the 9 and 15 month specials require money new to the credit union. In addition to the specials, it has competitive rates on all of its CDs with yields as high as 5.70% APY on the 60-month CD and 5.85% APY on the jumbo 60-month CD. I had first reported on these special certificates on March 21st.
Since the credit union's field of membership page doesn't provide any information, I called in January and was told that the FOM includes those who live, work, worship or attend school in Tooele County, Salt Lake County and several other surrounding Utah counties. Please call for details.
The credit union is federally insured by the NCUA (Charter # 5799). It has $213.4 million in assets and 36,006 members.
Thanks to the reader who emailed me info on this credit union.