5.75% 60-Month CD at a Missouri CU (1st Financial).

Update 11/03/07: The CD rates have gone down substantially.

1st Financial Federal Credit Union is offering a 5.75% APY 60-month certificate of deposit (see rate table). The minimum deposit is $50,000. The yield for terms from 12 to 48 months is 5.25% APY. CDs with minimum deposits of $1K and $2K have yields 25 basis points lower. The CDs are available as both a regular and an IRA CD.

Membership is open to anyone who lives, works, worships or attends school in the City of St. Louis, St. Louis County or St. Charles County. Please refer to the credit union's membership page for the full details. Membership requires a minimum deposit of $5 into your share savings account.

Branches are located in St. Louis, Hazelwood and St. Charles. The credit union is federally insured by the NCUA (Charter # 24774). It has $163.9 million in assets and 27,076 members.

Tags: CD rates, Missouri, IRA rates, 1st Financial Federal Credit Union