6.49% 41-Month / 5.96% 10-Month CD at a New Jersey CU (Tri-Co)

Tri-Co Fedeal Credit Union has several high yield certficate of deposit specials. For a $20K minimum deposit, the yields range from 5.96% APY for a 10 month term, 6.17% APY for a 27 month term and 6.49% APY for a 41 month term. Lower rates are available for a minimum $10K and $1K deposit. These rates are also available for an IRA. These new rates are up from my last report on this credit union in March when the top yield was 5.80%.

Unfortunately, it doesn't offer easy membership eligibility. Field of membership is based on Select Employer Groups in the New Jersey counties of Morris, Sussex and Warren. I was also told by the CSR in March that you can be eligible to join via non-immediate family members including cousins. Branches are located in Morris Plains, Hackettstown and Augusta.

The credit union is federally insured by the NCUA (Charter # 1151). It has $136.9 million in assets and 13,066 members.

Tags: CD rates, New Jersey, IRA rates