Dedicated to Deposits: Deals, Data, and Discussion

5.00% 15-Month / 5.00% 60-Month CD at a Rhode Island CU (Greenwood).

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Greenwood Credit Union
Update 2/2/08: CD rates have fallen. Please check the credit union's website for the latest rates.

Greenwood Credit Union is offering 5.00% APY on a 15-month and 60-month certificate of deposit (see rate table). The minimum deposit is $1,000. These are also available in an IRA. I just called and confirmed that these rates are still available. They could change at any time.

According to their Membership page: "Membership in Greenwood Credit Union is open to all responsible people who want to be members." However, according to the CSR, they require a branch visit to join and open accounts.

The credit union is located in Warwick, Rhode Island. It's federally insured by the NCUA (Charter # 66594). The credit union has $247.9 million in assets and 54,048 members.
  Tags: Greenwood Credit Union, CD rates, Rhode Island, IRA rates

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