Tyndall Federal Credit Union continues to offer several competitive CD and IRA CD rates, and it appears they're going to continue into April. Below are the standard rates as listed in the credit union's rate page as of 4/01/2010:
- 1.75% APY 12 month
- 2.00% APY 18 month
- 2.25% APY 24 month
- 2.50% APY 36 month
- 3.00% APY 48 month
- 3.50% APY 60 month
They also offer a CD laddering program called Certificate Advantage which gives you an extra 0.25% APY on the above certificate rates. The certificates also apply to IRAs.
Tyndall FCU also offers a reward checking account called e-Checking Account. The rate is a little low for reward checking (currently 1.25% APY), but the cap is larger than average at $50K.
You may be eligible for membership if you live, work, worship, or go to school in Bay, Gulf, Walton, Jackson, Okaloosa, Franklin, Calhoun, Holmes, or Washington Counties in Florida, or in Houston County in Alabama. Please refer to the credit union's membership page for the full details. Membership requires a $1 membership fee and a minimum deposit of $5 into the share savings account.
Tyndall FCU's ratings for safety and soundness are strong: 4 stars (sound) at Bankrate.com (based on 9/30/09 data) and 5 stars (superior) at BauerFinancial (based on 12/31/09 data). Tyndall FCU is federally insured by the NCUA (Charter # 10754).