Dedicated to Deposits: Deals, Data, and Discussion

5.50% 24-Month CD at a Washington DC Credit Union Continues (Signal Financial)

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Signal Financial FCU continues to offer some competitive promotional certificate rates for the 12 and 24 month terms. The 24-month term has a yield of 5.50% APY and the 12-month term has a yield 5.39% APY. The 24-month term has a minimum deposit of $5,000, and the 12-month term has a minimum of $2,500. These require money new to the credit union. I was told by the credit union rep that this promotional is scheduled to last until September 30, 2007. I last reported on this special in June.

Field of membership includes those who live, work, worship or attend school in Washington DC or inside the Beltway in Prince George's County, Maryland. You can also be eligible via family and select employer groups. See site for details. Membership requires a $5 deposit into the main savings account.

This credit union just recently changed its name from Washington Telephone FCU to Signal Financial FCU. Branches are located in Maryland, Virginia and Washington DC. The credit union is federally insured by the NCUA (Charter # 5571). It has $254.8 million in assets and 32,813 members.

  Tags: Virginia, Maryland, CD rates

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