$150 Direct Deposit Bonus & 2.25% 7-Month CD at Charter Oak Credit Union in CT

Charter Oak Credit Union is having a checking account promotion with a $150 bonus for initiating recurring direct deposit totaling $750 or more per month. It must be made to a new Charter Oak checking account or added to an existing savings or checking account. This promotion is listed at the credit union's home page as of 4/16/09.

Charter Oak Credit Union also has a pretty good rate on a special 7-month CD. The rate is 2.25% APY with a minimum deposit of $1,000. This rate is listed at the credit union's rate table as of 4/16/09.

Credit union membership is open to anyone who lives, works, goes to school, volunteers, or worships in all cities and towns in New London County and Windham County, Connecticut. Refer to the credit union's Who Can Join Page for the full details. Membership requires a minimum $5 balance in the regular share savings account.

The credit union is federally insured by the NCUA (Charter # 3413).

Thanks to the reader who emailed me news of this promotion.

Other Bonuses: To find other bonus deals, please refer to my bank bonus page which has all of my recent bank bonus posts.

Other High CD Rates: For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.

Tags: CD rates, Charter Oak Credit Union, Connecticut