Dedicated to Deposits: Deals, Data, and Discussion

2.65% 11-Month CD at Baxter Credit Union in IL & WI

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Baxter Credit Union
Baxter Credit Union (BCU) is offering another CD special. The rate is lower than last month, but it's still competitive. The new rate is 2.65% APY and it's available for terms from 11 months to 23 months. Minimum deposit is $500. This special is listed in the credit union's rate table as of 5/12/09. Their CD specials typically last for the entire month.

BCU continues to offer a reward checking account (see post).

Membership is open to those who live or work in the Illinois counties of Cook (north of Route 58), Dupage, Kane, Lake and McHenry, in the Village of Schaumburg, and in the Wisconsin County of Kenosha. You can also be eligible based on employer groups and family members. Please refer to the Membership Page for more details. Membership requires a minimum balance of $5 in the savings account.

BCU's ratings for safety and soundness are mixed: 4 stars (excellent) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 12/31/08 financial data. The credit union is federally insured by the NCUA (Charter # 68187). It's a large credit union with $1.4 billion in assets and 137,461 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: Illinois, Wisconsin, CD rates, Baxter Credit Union

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