6.05% 60-Month CD at an Indiana CU (Horizon One)

Horizon One FCU is offering a special 6.05% APY 60-month certificate. The minimum deposit is $1,000, and it requires new money.

Like the other Indiana credit union that I posted on yesterday, their membership page doesn't provide many details regarding eligibility (Perhaps there's a reason Indiana credit unions are secretive about their FOMs). I just called and was told that people who live, work or worship in downtown Indianapolis are eligible to join. Relatives of members are also eligible. Membership requires a minimum deposit of $5 into the share savings account.

The credit union is federally insured by the NCUA (Charter # 6435). It has $71.5 million in assets and 10,482 members.

Tags: Indiana, CD rates