Dedicated to Deposits: Deals, Data, and Discussion

March Madness 12-Month CD with Rates up to 2.70% at Countryside FCU in New York - Local Only


Countryside Federal Credit Union

Countryside Federal Credit Union is again offering a special March Madness CD. If you pick the right teams, you can get a 2.70% APY 12-month CD. The details are listed at this credit union page. The base rate is 1.70% APY for a $5,000 minimum deposit. Higher rates will depend on your correct picks for the Final Four NCAA basketball:

  • 0.10% for each Final Four team for a total of 0.40%
  • 0.20% for each Final Two team for a total of 0.40%
  • 0.20% for the National Championship team

Picks must be received by 3/24/2010.

I first reported on Countryside's March Madness CDs in 2006. In 2007 the March Madness 12-month CD yield ranged from 5.50% to 6.50% (the good old days).

Membership is open to those who live, work, worship, or attend school in Onondaga County, New York. The county seat is Syracuse. Please refer to the credit union's About Page for more details. Membership requires a $5 minimum deposit in the savings account.

Countryside's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial (based on 12/31/09 data) and 3 stars (performing) at (based on 9/30/09 data). The credit union is federally insured by the NCUA (Charter # 4745).

March Madness CDs?

This could be a good deal if you can at least pick a few teams that make it to the Final Four. For example, if you can pick at least two that make it to the Final Four and at least one that makes it to the Final but doesn't win, that will give you an extra 0.40% which would result in a 2.10% APY 12-month CD.

I've seen a few other credit unions offer similar CD promotions in the past. If you come across a March Madness CD special, please leave a comment.

  Tags: CD rates, New York, Countryside Federal Credit Union

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Comment #1 by Hoody (anonymous) posted on
4 crist sake, wtf, what's next "CD lottery", this is silly stuff, a CD is serious stuff to most people, not some dumb game, they need to be straight forward and have the "best" rate available period. CD's and stupid mind games suck like these low rates.

 "uncle bennie" needs to wake up and get with the funds rate soon!


Comment #2 by candide (anonymous) posted on
how long  these banks can ply their infamous game with  us ? they **** us and they continue to play cat and mousse and as usual we loose.

cut the fed money and let them collapse.