Dedicated to Deposits: Deals, Data, and Discussion

5.50% 4-Month CD at a New Jersey CU (United Teletech Financial)

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United Teletech Financial FCU is offering a CD promotion with a yield of 5.50% APY and a term of 4 months. The minimum deposit is $500. An United or eUreka! checking account is required to qualify for the 5.50%. Note, both of these checking accounts appear to required direct deposit to avoid monthly fees.

I last reported on this credit union in June when it was offering a 5.50% APY for the first 4 months on its money market account.

Field of membership includes those who live, work, worship or attend school in Monmouth County, Ocean County and parts of central Middlesex County. Membership requires a minimum deposit of $5 into a share savings account. An online application is available.

The credit union is federally insured by the NCUA (Charter # 18195). It has $251.2 million in assets and 23,396 members.

Thanks to the reader who mentioned this special in the finding deals post.
  Tags: CD rates, New Jersey

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