2.75% 6-Month Jumbo CD at Teachers Federal Credit Union in New York

Teachers Federal Credit Union is offering a special 6-month Jumbo certificate with a 2.75% APY. Minimum deposit for Jumbos is $100,000. There's also a fairly competitive 12-month CD with a 2.30% APY. Minimum deposit is $1,000. An extra 0.10% applies to new funds deposited into IRA certificates by 4/15/09. These rates are listed in the credit union's rate table as of 4/01/2009. The Jumbo certificate rate table has an effective date of 3/31/2009.

Membership is open to those who live, work or worship in parts of Suffolk County. Also eligible are employees, students, family members and volunteers of Suffolk County schools, colleges and other sponsor groups. Please refer to the credit union's Membership Eligibility page for the full details. Membership requires a $1 deposit in the Share Savings Account.

Teachers FCU is rated 5 stars (superior) at BauerFinancial based on 12/31/08 financial data. The credit union federally insured by the NCUA (Charter # 8116). It's a large credit union with $2.7 billion in assets and 189,227 members.

Other High Certificate of Deposit 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: New York, Teachers Federal Credit Union, CD rates, IRA rates