Dedicated to Deposits: Deals, Data, and Discussion

5.50% 21-Month CD at a Florida CU (Suncoast Schools)

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Suncoast Schools FCU is offering a special 5.50% APY 21-month share certificate. The minimum deposit is $500. There's also a special 9-month CD with a yield of 5.25% APY.

My last report on this credit union was in December when it was offer 5.60% on all terms of 12 months and longer. Their standard rates have gone down, but they're still competitive.

Field of membership includes those with some affiliation with schools in the Florida counties of Charlotte, Citrus, Collier, Desoto, Glades, Hardee, Hendry, Hernando, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas and Sumter. Also, those 55 years and older who live in one of the above counties can be eligible by joining an association for a one-time fee of $5. See site for details.

The main office is located in Tampa, Florida with branches across Southwest Florida including the cities of Fort Myers and Naples. It's one of the nation's largest credit unions with over $5.8 billion in assets and 426,573 members. It's federally insured by the NCUA.

  Tags: CD rates, Florida

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