Expired: 3.00% 7-Month CD at NIH Federal Credit Union in MD & DC - Limited Membership
Nov 10, 2009 - 7:17 AM by Ken Tumin
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).
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| NIH Federal Credit Union Locations: 11 Health Rating:  |   |
| Recent Posts: Expired: 7.00% 7-Month CD at a Maryland CU - $7K Max (NIH). | |
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Anonymous - #1, Tuesday, November 10, 2009 - 1:23 PM
This seems easy enough..
There will be 2 online application forms to fill. The membership application requires $25.+ you must include a photo ID Drivers License etc. The second is the Certificate Request Form for the CD.
The phone rep said to include both the $25 and the CD funds in one check and mail it all together.
What we don't go through to gain a measly 2.75% or 3% interest with Direct Deposit for 7 mo.
Anonymous - #2, Tuesday, November 10, 2009 - 6:59 PM
With a $100K deposit, you can earn over $700 extra in interest over the term of the CD versus savings accounts. I can qualify because I am in the one of the affinity groups, but the term is a bit too short and I would prefer to get tax free interest instead.
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