First New England Federal Credit Union is offering a special 5.00% APY 5-month certificate. The minimum deposit is $10,000, and the maximum is $50,000. New money is required.
Membership is open to Friends of the Lucy Robbins Welles Library. The online application allows you to select the option to join this library association, and a reader has reported that the credit union will pay for joining this library association. He was told that you need to send the CU the library's one-page membership application along with the CU signature page. The CU's online application lets you print both of these. I recommend checking with the credit union for the latest instructions.
The Share Savings Account is required for membership, and it has a minimum deposit of $10. For more details on credit union membership, please refer to their Who-Can-Join page.
Note, this special 5-month CD is not an option in the online application. According to the promo page, you are requested to call or email the credit union to take advantage of this special offer.
Update 9/15/08: Please see this reader's comment for more details about joining and applying for this special CD.
This credit union also offers a reward checking account that currently pays 5.15% APY on balances up to $25K (see post).
Branches are located in the Connecticut cities of East Hartford, Vernon and Newington. The credit union is federally insured by the NCUA (Charter # 2601).
Thanks to the reader who mentioned this CD in the finding deals post.