5.00% 36-Month / 4.00% 12-Month CD at a New Hampshire Credit Union (NHFCU)
May 17, 2008 - 11:07 AM by Ken Tumin
Update 5/17/08: The 12-mo CD yield has fallen from 4.25% to 4.00% APY. The title has been modified to reflect this change.
Update 5/3/08: The 12-mo CD yield has fallen from 4.50% to 4.25% APY. The title has been changed.
Update 4/12/08: The CD rates have fallen. Most rate drops were on the shorter terms. CD terms of 36-months and longer are still at 5.00% APY. The new 12, 18 and 24 month yields are 4.50%, 4.55% and 4.60% APY. The title has been modified to reflect this change.
New Hampshire Federal Credit Union continues to offer high rates on its certificates. The highest rate is the 24-month CD with a yield of 5.10% APY. There 18-month CD has a 5.05% APY, and all the other terms 12-months and longer have a yield of 5.00% APY. The minimum deposit is $500. These are also available in an IRA.
I had last reported on these CDs with the same rates in February. With 5% CD rates being so rare these days, I felt it deserved another post. Unfortunately, membership is narrow. For other 5% CD deals with with broader access, please see my Saturday's weekly rate recap.
Membership is primarily based on Select Employee Groups of New Hampshire governments and businesses. Please see their How-to-Join page for the full details.
Branches are located in Concord and Durham, NH. The credit union is federally insured by the NCUA (Charter # 4746). It has $166.6 million in assets and 21,589 members.
Update 5/3/08: The 12-mo CD yield has fallen from 4.50% to 4.25% APY. The title has been changed.
Update 4/12/08: The CD rates have fallen. Most rate drops were on the shorter terms. CD terms of 36-months and longer are still at 5.00% APY. The new 12, 18 and 24 month yields are 4.50%, 4.55% and 4.60% APY. The title has been modified to reflect this change.
New Hampshire Federal Credit Union continues to offer high rates on its certificates. The highest rate is the 24-month CD with a yield of 5.10% APY. There 18-month CD has a 5.05% APY, and all the other terms 12-months and longer have a yield of 5.00% APY. The minimum deposit is $500. These are also available in an IRA.
I had last reported on these CDs with the same rates in February. With 5% CD rates being so rare these days, I felt it deserved another post. Unfortunately, membership is narrow. For other 5% CD deals with with broader access, please see my Saturday's weekly rate recap.
Membership is primarily based on Select Employee Groups of New Hampshire governments and businesses. Please see their How-to-Join page for the full details.
Branches are located in Concord and Durham, NH. The credit union is federally insured by the NCUA (Charter # 4746). It has $166.6 million in assets and 21,589 members.
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Anonymous - #1, Tuesday, April 8, 2008 - 9:12 AM
Thanks for your help in placing funds for optimum return.
To save time in needless copy reading suggest in your initial rate posting you rate membership requirements as--very restricted--moderate--open--or something to save unnecessary search time
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