Nassau Educators FCU is offering a special 15-month bump certificate with an APY of 4.00%. Minimum deposit is $1,000. This is also available as an IRA certificate. The special CD is listed in the credit union's rate table as of 12/24/08.
The credit union also has a reward checking account that pays 4.00% APY on balances up to $25,000 as of 12/24/08 (see post).
Membership is open to a wide range of Nassau County professionals, school employees and students. Please refer to their Membership page for the full details. Membership requires a minimum deposit of $5 in the share savings account. An online application is provided.
Branches are located in the New York cities of Westbury, Valley Stream, Massapequa, Plainview, Syosset, Rockville Centre and Brookville. The credit union is federally insured by the NCUA (Charter # 2760).