Crane Federal Credit Union is offering three competitive CD specials: a 3.25% APY 13-month CD, a 3.56% APY 25-month CD and a 3.85% APY 48-month CD. Minimum deposit is $500. These are available as both regular and IRA certificates. These special rates are listed at the credit union's rate table as of 1/29/09. The effective date listed above the rate table is 1/28/09 so hopefully these rates will last for a while.
Membership appears to be open to members of an association in which anyone can join. Here's what the credit union states in their Membership Page:
You are also eligible for membership if you belong to an associational group that has sponsored membership for their group. ProVision is an example of an associational group. ProVision provides funds to organizations in the communities we serve, with the purpose of helping to feed and clothe those in need. Anyone can join ProVision with a $5 membership fee. All members of ProVision are eligible for membership with Crane Federal Credit Union.
This credit union page has more details about ProVision. You can also be eligible to join the credit union via select employer groups. Refer to the credit union's SEG list for more details.
Branches are located in the Indiana cities of Odon, Crane, Washington, Linton, Bedford, Bloomington, Loogootee, Terre Haute and Plainfield.
Crane FCU has some strong ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 9/30/08 financial data. The credit union is federally insured by the NCUA (Charter # 10544).