Dedicated to Deposits: Deals, Data, and Discussion

5.15% 24-Month CD at a New York CU - $99K Min (Western New York FCU).


Update 12/15/07: Rates have gone down. The 24-month Jumbo CD rate declined from 5.61% to 5.15% APY.

Western New York Federal Credit Union has extended its CD special in which a 5.61% APY 24-month Jumbo CD is available. The minimum deposit is $100,000. The yield for a $1,000 minimum is 5.35% APY. There's also a special 12-month certificate with a yield of 5.35% APY with a $100k minimum and 5.09% APY with a $1k minimum. I first reported on this special in September.

Membership is open to anyone who lives, works, worships or attends school in the New York cities of Aurora, Buffalo, Cheektowaga, Depew, East Aurora, Elma, Lackawanna, Lancaster, Orchard Park, Sloan and West Seneca. There's also a long list of Select Employee Groups. Please see their about us page for more details. Membership requires a one-time fee of $1 and a minimum deposit of $5 into the share savings account.

Branches are located in West Seneca and Buffalo, NY. The credit union is federally insured by the NCUA (Charter # 16042). It has $17.6 million in assets and 6,776 members.

  Tags: New York, CD rates

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Comment #1 by Anonymous posted on
the rate for western new york federal credit union is .55 percent not 5%!   Thanks.