5.50% 3-Month / 5.50% 6-Month CD at a Florida Credit Union (Florida Telco)

Florida Telco is offering a 5.50% APY certificate of deposit with terms of 3 and 6 months. There is no minimum balance requirement.

My last report on this credit union was in December 2006 when they were offering a 6% 9-month CD.

Membership is open to those who live or work in the Florida counties of Duval, Clay, St. Johns, Nassau, Baker, Columbia, Union, Bradford, Alachua, Putnam, or Flagler. Please refer to their Membership page for more details. Membership requires a $5 fee and a minimum deposit of $5 in the share savings account.

Branches are located in Jacksonville and Orange Park, FL. The credit union is federally insured by the NCUA (Charter # 61605). It has $409.5 million in assets and 41,106 members.

Tags: CD rates, Florida