5.50% 5-Month CD at a Tennessee Credit Union (UT FCU)

UT Federal Credit Union is offering a 5 month certificate special with a yield of 5.50% APY. The minimum deposit is $1,000. There's also a 11 month special CD with a yield of 5.30% APY and a minimum deposit of $2,500.

In addition to students, alumni and employees of the University of Tennessee System, membership is open to those who live, work or worship in certain areas of Knoxville and downtown Memphis. See their membership page for the full details. Membership requires a minimum $5 deposit into the regular share savings account.

The credit union is federally insured by the NCUA (Charter # 19448). It has $144.3 million in assets and 25,374 members.

Thanks to the reader who mentioned this special in the comments of the finding deals post.

Tags: Tennessee, CD rates