Dedicated to Deposits: Deals, Data, and Discussion

4.00% 5-Month CD, 3.50% 9-Month CD & Other High CD Rates at First Priority Credit Union in MA


Update 2/12/09: The 4% 5-month special CD appears to have ended. However, the 3.50% 9-month CD is still listed.

First Priority Credit Union continues to list a special no-penalty 4.00% APY 5-month share certificate. The CD has a no-penalty withdrawal feature which allows you to make a one-time withdrawal and incur no penalties after the first 5-days of the term. The credit union has been offering this special since December. The credit union also has other great CD deals including a 3.50% APY for a special 9-month CD and a regular 18-month CD. The 60-month CD is also competitive with a 4.25% APY. Minimum deposit is $1,000. These are also available as IRA certificates. These CD rates are listed in the credit union's rate table as of 1/27/09.

Membership is open to those who live and work in Massachusetts' Essex County or Suffolk County. Also eligible are employees, retirees and family members of the Postal Community. Please refer to the credit union's Membership page for more details. Membership requires a minimum deposit of $25 into your share savings account.

Branches are located in Boston, East Boston, Lowell and Waltham, MA. The credit union is federally insured by the NCUA (Charter # 66593).

The credit union has some strong ratings for soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate. Both ratings are based on 6/30/08 data.

  Tags: Massachusetts, First Priority Credit Union, CD rates, IRA rates

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Comment #1 by Anonymous posted on
"Also eligible are employees, retirees and family members of the Postal Community." Well - anyone out there know exactly what is meant by "the Postal Community"?