NIH Federal Credit Union is offering a special 7-month CD to celebrate its 70th anniversary. The rate is 3.00% APY with direct deposit or 2.75% APY without direct deposit. Minimum deposit is $10,000, and the maximum is $100,000 (no maximum for IRAs). This promotion is listed in the credit union's front page and in this promotions page as of 11/10/2009. The special is scheduled to last through January 2010.
Unfortunately, membership into NIH FCU is limited primarily to select employee groups and family. In addition to the NIH, there are over 60 other organizations that can qualify you for membership. Please refer to the membership page for the full details.
Branches are located in Maryland and Washington DC.
The credit union's ratings for safety and soundness are fair: 3 stars (performing) at Bankrate.com and 4 stars (excellent) at BauerFinancial. Both ratings are based on 6/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 3601).