5.50% 36-Month CD at a Connecticut CU (Connex).

Update 9/22/07: CD rates have gone down. Please check credit union's website for latest rates.

Connex Credit Union if offering a yield of 5.50% APY on terms from 36 to 47 months. The minimum deposit is $500, and the maximum is $250,000. It's available as a regular share and IRA certificate.

Membership is open to anyone who lives, works, worships or attends school in the Connecticut counties of New Haven, Hartford or Middlesex. Please see their about page for more details on eligibility.

Branches are located in North Haven, Guilford, New Haven, Orange, Hamden and East Hartford. The credit union is federally insured by the NCUA (Charter # 68511). It has $296.9 million in assets and 34,164 members.

Tags: Connex Credit Union, CD rates, Connecticut