2.90% 15-Month CD at Linn Area Credit Union in Iowa - Local Only

Linn Area Credit Union is offering a special 15-month CD with a 2.90% APY. Minimum deposit is $1,000. The special is listed at the credit union's CD rate page as of 5/15/09.

The credit union continues to offer a high-yield reward checking account. As of 5/15/09, the rate is 5% APY for balances up to $25K. I first posted on this account exactly a year ago.

Membership is open to anyone who lives or works in Linn, Buchanan, Delaware, Jones, Cedar, Johnson, Iowa and Benton Counties. Membership requires a minimum deposit of $5 in the share savings account. Please refer to the credit union's Membership Page for more details.

Branches are located in Cedar Rapids and Marion, Iowa.

Linn Area Credit Union has fair to strong ratings for safety and soundness: 3 stars (performing) at Bankrate.com and 5 stars (superior) at BauerFinancial. Both ratings are based on 12/31/08 financial data. The credit union is federally insured by the NCUA (Charter # 63602).

Tags: Iowa, Linn Area Credit Union, CD rates