6.00% 6-Month CD at a Florida CU - and a $77 Checking Bonus (MidFlorida)

Midflorida Credit Union is advertising a 6.00% APY 6-month certificate as part of its grand opening celebration of its North Lakeland branch. It has a minimum deposit of $1,000, and a maximum of $20,000 per household. To qualify, you must have a credit union checking account. It doesn't seem to be listed at the credit union's website. It was advertised in yesterday's Tampa newspaper. The ad is available online here.

The credit union also has a $77 bonus for opening a new checking account. This seems to be available at all of their branches. The Free Checking qualifies for this bonus. It has no monthly fees, however, the bonus requires that a minimum balance of $100 be maintained in the checking for 77 days.

Field of membership includes those who live, work, worship or attend school in Polk, Highlands, Okeechobee, Sumter, Hardee County or the Poinciana area. Membership requires a minimum deposit of $5 into the share savings account. A $100 minimum balance is required to avoid a low balance fee.

Branches are located in the Florida cities of Arcadia, Auburndale, Bartow, Haines City, Lake Wales, Lakeland, Okeechobee, Poinciana, Sebring, Wauchula and Winter Haven. The credit union is federally insured by the NCUA (Charter # 23079). It's a large credit union with $1.17 billion in assets and 123,994 members.

Tags: MIDFLORIDA Credit Union, CD rates, checking account, Florida