3.00% 9-Month CD & 4.25% 60-Month CD at First Priority Credit Union in MA

Update 6/27/09: The special 18-month CD rate has fallen to 2.50% APY.

Update 6/06/09: The 12-month CD rate has fallen to 2.00% APY. There's now a special 18-month CD with a rate of 3.00% APY. Please check the credit union's website for the latest rates.

Update 5/02/09: The 9-month CD rate has fallen to 2.00% APY. There's now a special 12-month CD with a rate of 3.00% APY.

Update 3/07/09: The special 9-month CD rate has fallen to 3.00% APY.

First Priority Credit Union continues to offer some very competitive CD rates. The most competitive include a 3.50% APY 9-month special CD, a 3.50% APY 18-month CD and a 4.25% APY 60-month CD. 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 2/25/09.

Last month the credit union had been offering a special 4% 5-month CD.

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 9/30/08 data.

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