Competitive 15-Month IRA CD at United Heritage Credit Union in Texas - Local Only

United Heritage Credit Union is offering a special 15-month IRA CD with a 2.30% APY. Minimum deposit is $1,000, and there's no maximum. Funds can be a new contribution or a transfer of an existing IRA. The rate is listed at the credit union's promotion page as of 1/26/10. This is very similar to the IRA promotion United Heritage offered last year except the rate is 2 percentage points lower.

United Heritage also offers a reward checking account that currently pays 3.01% APY on balances up to $25K (see post). However, they stopped accepting new applicants for this checking account about a year ago.

Membership is open to those who live, work or attend school in Travis, Williamson, Bastrop, Caldwell, Hays, Smith or Wood County, Texas. You can also be eligible via family or select employer groups. Refer to the credit union's Eligibility Page for more details. Membership requires a minimum balance of $1 into the savings account.

Branches are located in Austin, Cedar Park, Georgetown and Round Rock in Central Texas and in Tyler in Northeast Texas.

The credit union's ratings for safety and soundness are strong: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 9/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 68251).

Other IRA Certificates of Deposit

Other IRA CD deals that I've recently mentioned that are still available as of 1/26/2010:

• 3.00% APY 18-month IRA CD at Vantage West CU in Arizona
• 3.00% APY 14-month IRA CD at Apple FCU
• 3.00% APY 60-month No-Penalty IRA CD at Agriculture FCU