With a $5K cap you'll earn about $50 over what you would earn in a 5% account during the 6 months. It's not the best deal, but for parents with several children, you should be able to open this CD for each child for a decent return.
Membership is open to anyone who lives, works, worships or attends school in these West Virginia counties: Kanawha, Raleigh, Fayette, Nicholas, Putnam, Cabell, Wayne and Lawrence County Ohio. See their membershp page for more details. Membership requires a $5 minimum deposit into the share savings account.
Branches are located in Charleston, Hurricane, Huntington, St. Albans, Cabin Creek and Beckley WV. The credit union is federally insured by the NCUA (Charter # 911). It has $130.5 million in assets and 19,583 members.