2.50% 12-Month Jumbo CD at Sharonview FCU in NJ, SC & NC - Limited Membership

Sharonview Federal Credit Union is offering some very competitive CDs and IRA CDs especially for large deposits. The most competitive CDs for a $100K minimum include:

• 2.25% APY 6 months
• 2.50% APY 12 months
• 2.75% APY 24 months
• 3.00% APY 36 months

Rates are 25 basis points less for a $50K minimum deposit and 50 basis points less for a $10K deposit. Even for a $10K deposit, the 6- and 12-month CD rates are still competitive.

Unfortunately, membership appears primarily limited to select employer groups. There's not many details on the credit union's Join page. It gives the following instructions to determine eligibility:

If you would like to find out if you qualify through your current employer, please call our Financial Solutions Center at (704) 969-6700 in the Charlotte, NC area, or (800) 462-4421, Monday through Friday, 8:00 AM until 6:00 PM EST.

Branches are located in North Carolina, South Carolina, New Jersey and Pennsylvania.

The credit union's ratings for safety and soundness are a little mixed: 4 stars (excellent) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 9/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 22458).