Agriculture FCU's 6% CD is Ending Tomorrow

Update: The 6% CD special officially ended on 3:30pm Friday (7/27/07).

I guess the demand for this CD must have been bigger than Agriculture FCU (AFCU) had expected. I just spoke with AFCU's customer service rep and confirmed that their special 6% APY 10-month CD special will expire at the end of day Friday. When I posted the news of this CD on Monday, I thought it may not last long since a 6.10% 16-month CD special in November had only lasted 10 days.

AFCU isn't a large credit union like Pentagon FCU. So it probably only takes a few hundred large deposits for AFCU to reach its deposit goals. Looking at their June NCUA financial data, AFCU's total shares and deposits are $176 million while Pentagon FCU's total is $9.3 billion.

Fortunately, you can sign up and purchase this special AFCU CD online. You should be able to do an electronic funds transfer via ACH from your bank account to fund the CD. See my Monday post for more information about this.

Tags: Agriculture Federal Credit Union, CD rates