Dedicated to Deposits: Deals, Data, and Discussion

3.50% 60-Month CD at LGE Community Credit Union in GA - Local Only

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LGE Community Credit Union
LGE Community Credit Union is offering a 3.50% APY 60-month certificate. It's part of their Double 350 promotion in which you can get 3.50% APY on both their 5-year CD and their reward checking account (see post). Minimum deposit for the CD is $1,000. It's also available in an IRA. Early withdrawal penalty is 180 days of dividends. The rate is listed at the credit union's deposit rates table as of 11/23/09.

The 3.50% APY on the reward checking account may sound a lot better than a 5-year CD. However, as we've seen this year, there's no guarantee that the checking rate will hold. Also, the 3.50% APY is limited to $25K in the reward checking account. So there are reasons to open both.

Credit union membership is open to anyone who is a resident of Cobb, Cherokee, or Paulding County. You can also be eligible via a select employer group. Please refer to the credit union's Joining LGE page for the full details. Membership requires a minimum balance in the membership share savings account.

Branches are located in the Atlanta suburbs of Marietta, Austell, Kennesaw, Calhoun and Hiram.

LGE Community Credit Union's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 68581).

Other Competitive Certificate of Deposit Rates

  Tags: LGE Community Credit Union, Georgia, CD rates, IRA rates

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