Dedicated to Deposits: Deals, Data, and Discussion

4.20% 15-Month CD at Arizona Federal Credit Union

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Arizona Federal Credit Union is offering a competitive 15-month certificate with an APY of 4.20%. Minimum deposit is $500. This is listed in the credit union's rate table as of 12/09/08.

Arizona FCU often offers a special 15-month CD. My last post on this credit union was in September 2007 when it was offering a 5.85% 15-month CD. As you can see, the rate environment for savers is much worse now than what it was last year.

Membership is open to anyone who lives, works, worhships or attends school in Maricopa County, Pinal County or the City of Tucson. Please refer to the credit union's Membership page for the full details. Membership requires a minimum $25 in the share savings account.

Ariona FCU has some weak ratings for soundness: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 1747). It's a large credit union with $1.8 billion in assets and 225,621 members.

  Tags: Arizona, CD rates

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