6.00% 7-Month CD at a New Jersey/New York CU (McGraw-Hill Employees)

Aug 5, 2007 - 5:15 PM by Ken Tumin

McGraw-Hill Employees FCU is offering a 6.00% APY 7-month share certificate. The minimum deposit is $1,000. Deposits greater than $20K must be new money. The special is scheduled to last through 8/31/07.

Unfortunately, the field of membership is narrow. It's based on Select Employee Groups and family members. See their how-to-join page for more details. Membership requires an initial $5 deposit into the share savings account.

Branches are located in East Windsor, New Jersey and in New Yor, New York. The credit union is federally insured by the NCUA (Charter # 861). It has $214.1 million in assets and 14,695 members.

Thanks to the reader who emailed me info on this special

Tags: New York, CD rates, New Jersey

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In order of date posted. - Sort by votes

Banking Guy (anonymous) - #1, Monday, August 6, 2007 - 8:21 AM

The reader who emailed me this special mentioned that the Select Employer Groups includes the sub-companies of McGraw-Hill which include: Standard & Poor's, BusinessWeek and J.D.
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6.00% 7-Month CD at a New Jersey/New York CU (McGraw-Hill Employees)

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