5.55% 13-Month CD at a Massachusetts CU (Metro).

Metro Credit Union is offering a 13-month certificate of deposit special with a yield of 5.20% APY. A minimum deposit is $50,000. An extra 0.35% rate bump is provided if you open a Premiere Relationship with an Advantage Checking Account. The checking account has no minimum balance requirements. The only condition is that you do at least one bill payment or check every 3 months. The 13-month CD special ends on July 7, 2007.

Field of membership includes those who live or work in one of the following MA counties: Barnstable, Essex, Middlesex, Norfolk, Plymouth, Suffolk or Worcester. You can also be eligible via Select Employee Groups. See site for details. Membership requires a minimum initial deposit of $25 into an account.

Branches are located in several Massachusetts cities including Chelsea, Burlington and Lawrence. The credit union is federally insured by the NCUA (Charter # 66364). It has $748.7 million in assets and 126,205 members.

Thanks to Scott who mentioned this special in the finding deals post.

Tags: Massachusetts, CD rates