AmeriCU Credit Union is offering a competitive rates for its long-term CDs and IRA CDs. These include a 3.05% APY 5-year CD, a 2.70% APY 4-year CD and a 2.40% APY 3-year CD. Minimum deposit is $500. These rates are listed in the credit union's rates page as of 9/21/2010.
One nice feature about these CDs is a mild early withdrawal penalty. According to the certificate account disclosure:
For all accounts, the amount of early withdrawal penalty for your account is all accrued dividends up to 90 days' dividends; but not less than seven (7) days' dividends.
The credit union has an online application for both membership and for opening new accounts. The first page of the membership application describes who is eligible to join. Membership is open to anyone who lives, works, worships or attends schoool in the New York counties of Onondaga, Oswego, Cayuga, Madison, Jefferson, Lewis, Herkimer and Oneida. Also, you can be eligible if you have a relative who is eligible for membership.
Branches are located in the New York cities of Auburn, Herkimer, Fort Drum, Watertown, Lowville, Oneida, Rome, Cicero, Liverpool and Syracuse. AmeriCU is also part of the CU Shared Service Center. This allows you to conduct many banking transactions at shared branches across the nation.
The credit union's overall health score is 4 out of 5 with a Texas Ratio of 6.89% (excellent) based on June 2010 data. Please refer to our financial overview of AmeriCU Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 68433).
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.