BrightStar Credit Union is offering some competitive CD rates. Its special Smart CDs include a 1.60% APY 11-month CD and a 1.85% APY 23-month CD. Minimum deposit is $500. The regular 3-year CD is also competitive with a 2.45% APY for a minimum balance of $100K (2.35% for a $500 minimum). These rates also apply in IRAs. You can earn an additional 25 basis points on all CDs if you're a Platinum Star Member. These rates are listed in the credit union's rates sheet as of 7/23/2010.
BrightStar Credit Union is also offering a $100 checking account bonus (see post).
Membership is open anyone who lives, works or goes to school in Broward or Palm Beach Counties, Florida. Please refer to the credit union's membership page for the full details.
Branches are located in the South Florida cities of Fort Lauderdale, Hollywood, Lauderhill, Margate and Pembroke Pines. The credit union is part of a shared branch network, CU Service Centers, which allows you to conduct many banking transactions at branches of other credit unions around the nation.
The credit union's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 3 out of 5 at DepositAccounts.com (see our financial overview of BrightStar Credit Union). The credit union is federally insured by the NCUA (Charter # 67347).