10,000th Post Milestone - Look Back at 8 Years of Bank Deals and News
Best Bank Account Interest Rates - Summary for Week Ending March 2, 2014
Survey of the Best CD Rates for February 28, 2014
Two Banks in Virginia and Pennsylvania Closed by Regulators5.42% 16-Month CD / 5.37% 11-Month CD at a Maryland CU (MCT)
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POSTED ON BY Ken Tumin
MCT Federal Credit Union is offering a 5.42% APY 16-month and a 5.37% APY 11-month certificate (see rate table). These yields apply to their Jumbo CDs which have a minimum deposit of $50K. The yields for CDs with a $1K minimum are 37 basis points lower. These same rates are also available in an IRA certificate. An additional 0.50% may be available on the 16-month CD for those who qualify for member rewards.
In January this credit union had been offering several CD terms with yields over 6%.
Field of membership includes students, employees and volunteers in accredited schools in Montgomery County and their families. The FOM also includes a long list of select employee groups and associations. See site for the details.
Branches are located in Silver Spring, Clarkburg, Germantown, Kensington and Rockville, Maryland. The credit union is federally insured by the NCUA (Charter # 6808). It has $440.5 million in assets and 60,666 members.
In January this credit union had been offering several CD terms with yields over 6%.
Field of membership includes students, employees and volunteers in accredited schools in Montgomery County and their families. The FOM also includes a long list of select employee groups and associations. See site for the details.
Branches are located in Silver Spring, Clarkburg, Germantown, Kensington and Rockville, Maryland. The credit union is federally insured by the NCUA (Charter # 6808). It has $440.5 million in assets and 60,666 members.
