Dedicated to Deposits: Deals, Data, and Discussion

5.00% 24-Month / 4.50% 12-Month CD at Citadel FCU in Pennsylvania

POSTED ON BY

Update 12/17/08: These CD rates have fallen. Please check the credit union's website for the latest rates.

Citadel Federal Credit Union has a CD special with two very competitive rates. These include a 24-month CD with a yield of 5.00% APY and a 12-month CD with a yield of 4.50% APY. The minimum deposit is $500. These are also available as an IRA CD. These rates are listed in the credit union's rate table as of 11/20/08. I was told by the credit union rep that this special could end at any time, but it just started this week.

The credit union doesn't seem to provide a page describing their eligibility qualifications, so I gave them a call. I was told that people living or working in Chester County or Lancaster City are eligible. You can also be eligible via certain employee groups and via your immediate family. Contact the credit union for more details. They have a toll-free number (800-666-0191) listed in their contact page.

Branches are located in the Pennsylvania cities of Brookhaven, Chadds Ford, Chester Springs, Downingtown, Eagle,Great Valley, Lancaster, Paoli, Phoenixville, South Coatesville, Springfield and Thorndale.

Citadel FCU has some strong financial ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 2099). It's a large credit union with $1.09 billion in assets.
  Tags: Pennsylvania, CD rates, IRA rates

Related Posts

Comments
3 comments.
Comment #1 by Anonymous posted on
Anonymous
you are also eligible if you worship in Chester County.

1
Comment #2 by Anonymous posted on
Anonymous
I was just in a branch today. The 2 year 5% is ending today. I was just in there signing something as I had transfered IRA monies into their 5% CD. I didn't inquire re the 12 month 4.5 but I assume that is ending too.

1
Comment #3 by Anonymous posted on
Anonymous
The rate has dropped significantly. It's not even worth going into...sigh.

1