4.58% 12-Month CD at Transportation FCU in DC & MA

Transportation FCU is offering a special one-year 4.58% APY term share certificate. Minimum deposit is $500, and new money is required. This rate is listed on the credit union's front page and in this promotion page as of 12/10/08.

Unfortunately, it's not easy to be eligible to join. Eligibility is primarily based on select employer groups. Employees of Department of Homeland Security, Transportation Security Administration and the US Coast Guard nationwide are eligible. Other employers and a few associations are listed in the areas of Washington DC and Boston, Massachusetts. Please refer to the credit union's Membership Information Page for more details. Membership requires a minimum $5 deposit into a share savings account.

Branches are located in Washington DC and in Cambridge, MA.

The credit union has some strong 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 # 3140).

Tags: Massachusetts, CD rates