FedChoice Federal Credit Union is offering a 5.00% APY 5-year CD. Minimum deposit is $500, and it requires new money. An APY of 5.05% is available for a $50,000 minimum deposit. There's also a competitive 24-month CD with an APY of 4.00% (4.05% for $50K). These are available as regular and IRA CDs. These rates are listed in the credit union's rate table as of 12/21/08, and they're only limited time specials.
Field of membership includes all federal civilian employees, annuitants and their families in the Washington, D.C., Baltimore and Philadelphia Metropolitan areas. Refer to the site for details about the specific counties that are part of the covered areas.
Branches are located in Maryland, Washington DC and in Philadelphia, Pennsylvania.
FedChoice FCU is federally insured by the NCUA (Charter # 150).