Dedicated to Deposits: Deals, Data, and Discussion

4.25% 12-Month CD at RTN Federal Credit Union in MA - Easy Membership


RTN Federal Credit Union
RTN Federal Credit Union is offering a 4.25% APY 12-month certificate. Minimum deposit is $50,000. Balances from $1K to under $50K earn only 3.51% APY. It'salso available as an IRA CD. These rates are listed in the credit union's rate table as of 12/05/08.

In addition to select employee groups, you can also qualify for membership in this credit union by joining either the Gore Place Society or the Waltham Historical Society. Individual membership for the Gore Place Society is $30. Please refer to the credit union membership page for more details. Credit union membership requires a minimum deposit of $25 into the main share savings account.

Branches are located in the Massachusetts cities of Waltham, Amesbury, Peabody, Lawrence, Marlborough and Tewksbury. The credit union is federally insured by the NCUA (Charter # 24311).

The credit union's financial ratings for soundness are fairly strong: 5 stars (superior) at BauerFinancial and 3 stars (performing) at Both ratings are based on 6/30/08 data.

Other Top One-Year Certificate of Deposit Rates

CD rates have been trending down. Online banks like GMAC and iGObanking have recently cut their CD rates. For CD terms around 12 months, internet banks no longer have the best rates.

The best 12-month CD deal currently available nationwide (as of 12/05/08) is at State Bank of India (FDIC insured) which is offering an APY of 4.68% (see post).

Two good credit union CD deals for terms around one year include the 4.50% APY 12-month CD at Delta Community CU (see post) and the 4.50% APY 16-month CD at Digital Credit Union (see post). Delta Community CU is based in Georgia and Digital is based in Massachusetts. Both have easy membership qualifications allowing people in any state to join and open accounts.

Other Bank Deals: For the latest deals, please refer to my Best Deals of the Day post and my Weekly Rate Summary.

  Tags: Massachusetts, RTN Federal Credit Union, CD rates

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