Dupaco Community Credit Union is offering two CD specials with very competitive rates: 3.00% APY for 27 months and a 2.50% APY for 15 months. Minimum deposit is $5,000. Dupaco also has a savings account with a top yield of 3.09% APY. It's a tiered rate account that requires a $50,000 minimum balance. To earn the top yield, a balance of $200,000 is required. Other tiers include a 2.84% APY for $150,000, 2.58% APY for $100,000 and 2.27% APY for $50,000. These rates are listed in the credit union's deposit rates page as of 9/22/09.
Membership is open to anyone who lives or works in one of 28 counties of Iowa, Illinois and Wisconsin. Please refer to the credit union's Becoming a Member page for the full details. Membership requires a minimum balance of $25 in the savings account.
Branches are located in the Iowa cities of Dubuque, Asbury, Dyersville, Cedar Rapids, Manchester, in the Illinois city of Galena, and in the Wisconsin city of Platteville.
The credit union's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial (based on 6/30/09 data) and 4 stars (sound) at Bankrate.com (based on 3/31/09 data). The credit union is federally insured by the NCUA (Charter # 64049).
Thanks to the reader who emailed me info on these CD specials.