Dedicated to Deposits: Deals, Data, and Discussion

5.50% 15-Month CD at a North Carolina CU Continues (Coastal)

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Coastal Federal Credit Union
Coastal FCU continues to list a promotional 5.50% APY 15-month and 5.25% APY 7-month certificate. The minimum deposit is $2,500. I last posted on this in a March post so I wouldn't expect these to last for too much longer. A reader recently emailed me about this credit union and has been very pleased with their customer service.

Credit union membership is open to members of the Coastal Capital Club. Membership in this association appears to be open to any individual. A one-time fee of $10 is required. You can also be eligible to join the credit union via other companies and associations and via immediate family. Please see the credit union's eligibility page for more details. Credit Union membership requires a minimum $25 deposit into the regular savings account.

Branches are located in several North Carolina cities including Raleigh, Durham and Charlotte. The credit union is federally insured by the NCUA (Charter # 18297). It's a large credit union with $1.7 billion in assets and 163,792 members.

Thanks to the reader who emailed me info on this credit unioin.
  Tags: North Carolina, CD rates, Coastal Federal Credit Union

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