Liberty Savings Federal Credit Union is offering several competitive long-term CD rates. The best ones include a 3.00% APY 6-year CD, a 2.90% APY 5-year CD and a 2.65% APY 4-year CD. Minimum deposit is $5,000. An extra 0.10% rate is added for a $50,000 minimum balance for CD terms of at least 2 years. These rates are listed in the credit union's certificates rates page as of 10/24/2010.
As a comparison, the best 5-year CD yield available from an internet bank is 2.75% at Sallie Mae Bank.
Membership at Liberty Savings FCU is open to persons who live, work, worship, or attend school in Hudson County, New Jersey. Please refer to the members page for the full details. There's also a long list of employment, education, and organizational eligibilities. The membership application seems to imply anyone may be able to join. In the instructions it states:
To become a member, complete the attached Membership Application card and return it to the credit union. There is a one time $10* membership fee.
*Fee is waived for members joining through a Select Employee Group.
If you're interested in joining, you may want to call and see if there's a way you can join.
Branches are located in Jersey City and Union City, New Jersey.
The credit union's overall health score at DepositAccounts.com is 3 out of 5 with a Texas Ratio of 33.06% (above average). Please refer to our financial overview of Liberty Savings Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7184).
Searching for the Best CD Rates
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