The credit union also has a good deal on its 24-Month Flex Certificate. The rates range from 3% to 3.30% APY based on the initial deposit size. You're allowed to add funds at any time, up to the original amount. There's also a one time bump-up feature, up to 1%, should rates increase. These rates are listed in the credit union's rate table as of 2/09/2009.
Membership is open to anyone who lives, works or worships in one of two dozen counties in North Carolina, in portions of Greenville County, South Carolina, and in parts of a few counties in Virginia. Refer to the credit union's Communities We Serve Page for the full details. You can also be eligible via select employer groups. Refer to their Businesses We Serve Page for the full details. Membership requires a minimum balance of $5 in the Regular Savings Account.
Branches are located throughout North Carolina including the cities of Burlington, Charlotte, Greensboro and Winston-Salem. Branches are also in Greenville, South Carolina, in Richmond, Virginia and in Canton, Ohio.
The credit union's ratings for saftey and soundness are mixed: 5 stars (superior) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 9/30/08 financial data. The credit union is federally insured by the NCUA (Charter # 7840). It's a large credit union with $1.2 billion in assets and 174,995 members.