Wildfire Credit Union is offering two very competitive long-term CD rates: 3.05% APY 55-month CD special and a 3.25% APY 60-month CD. Minimum deposit is $2,000. These rates are listed in the credit union's rates page as of 9/19/2010.
At the bottom of the CD rate table, there's a link to the disclosure. According to the disclosure, the early withdrawal penalty for certificate terms of 36 to 59 months is only 4 months of interest. The 60-month CD has a 5-month penalty. These penalties are a little below the typical 6-month penalty.
Membership is open to those who live, work, worship or attend college in one of the following Michigan counties: Saginaw, Bay, Midland, Genesee, Gratiot, Shiawassee and Tuscola. Please refer to the credit union's membership page for the full details.
The credit union's overall health score is 5 out of 5 with a Texas Ratio of 2.16% (excellent) based on June 2010 data. Please refer to our financial overview of Wildfire Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60057).
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.