Update 1/27/09: The special 7-month CD rate has fallen to 3.50% APY (which is still very competitive).
Leominster Credit Union is offering a special 7-month certificate with a 3.75% APY. Minimum deposit is $1,000. The special rate is listed in the credit union's rate table as of 1/23/09.
Membership is open to those who live, work, or have business in Worcester, Middlesex, Norfolk, Hampden, Franklin, or Hampshire Counties in Massachusetts. Refer to the credit union's Membership Eligibility Page for the full details. Membership requires maintaining a minimum $25 in a deposit account.
Branches are located in the cities of Leominster, Worcester, Clinton, Holden and Sterling.
The credit union has some decent ratings for soundness: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/08 financial data. The credit union is federally insured by the NCUA (Charter # 66699).