|Bank or Credit Union||Apy||Min||Max||Product|
|Library Of Congress Federal Credit Union||1.00%||$500||-||36 - 47 Month Share Certificate|
|Library Of Congress Federal Credit Union||0.85%||$500||-||24 - 35 Month Share Certificate|
|Library Of Congress Federal Credit Union||0.70%||$500||-||18 - 23 Month Share Certificate|
|Library Of Congress Federal Credit Union||0.50%||$500||-||12 - 17 Month Share Certificate|
|Library Of Congress Federal Credit Union||0.40%||$500||-||6 - 11 Month Share Certificate|
Best CD and IRA CD Rates in Washington DC at the Library of Congress FCU - Local Only
Library of Congress FCU is offering some very competitive CD and IRA CD rates. Minimum deposit is $500 for a CD and $1,000 for an IRA. The following is a list of some of the best CD rates as shown in the credit union's rate sheet as of 6/08/2010:
- 1.60% APY 6-month CD
- 2.00% APY 12-month CD
- 2.10% APY 18-month CD
- 2.20% APY 24-month CD
- 2.60% APY 36-month CD
Traditional, Roth, SEP and Education IRA certificate rates are 10 basis points higher for terms of 12 months and longer.
The credit union has a long history of competitive rates. My last post on this credit union was in 2008 when short-term CD rates were over 4.00%.
In addition to employees and volunteers of the Libary of Congress, membership is open to anyone who lives, works, worships or attends school in Washington, DC. Please refer to their membership page for full details. Membership requires a $5 fee and a minimum $5 deposit into your share savings account. They have had promos in the past in which they waived this $5 fee. It doesn't hurt to ask if they can waive it if you join.
The credit union's ratings for safety and soundness are above average: 5 stars (superior) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our Library of Congress FCU rates and reviews page). The credit union is federally insured by the NCUA (Charter # 266).
Banks Mentioned in this Post:
|Library Of Congress Federal Credit Union|
Locations: 2 Health Rating:
|Recent Posts: 4.45% 60-Month / 4.15% 24-Month CD at ... | 5.20% 60-Month / 5.00% 36-Month CD at ...|